U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 10-QSB/A
(Mark One)
[X] Quarterly report under Section 13 or 15(d) of the Securities
Exchange Act of 1934.
For the quarterly period ended December 31, 2002
[ ] Transition report under Section 13 or 15(d) of the Exchange Act
Commission file number: 0-22242
BOUNCEBACKTECHNOLOGIES.COM, INC.
(Exact Name of Small Business Issuer as Specified in Its Charter)
Minnesota 41-0950482
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(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
707 Bienville Boulevard
Ocean Springs, Mississippi 39564-2842
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(Address of Principal Executive Offices)
Issuer's Telephone Number: (228) 872-5558
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As of February 1, 2003, 11,416,507 shares of Common Stock, $0.01 par
value, of the Company were outstanding.
This amendment (the "Amendment") amends the Company's Quarterly Report
on Form 10-QSB for the quarter ended December 31, 2002 filed March 20, 2003 (the
"Original Report"). The Amendment is being made to modify the Company's
disclosure under Item 5 of the Original Report with respect to the resignation
of the Company's independent accountant, in accordance with Item 304 of
Regulation S-B of the Securities Exchange Act of 1934.
Item 5. Other Information.
Given the financial condition of the Company, the Company
could not afford to retain its independent accountant to audit the Company's
financial statements for the fiscal year ended September 30, 2002 ("Annual
Financial Statements") or to review the Company's financial statements for the
three-month period ended December 31, 2002 ("Quarterly Financial Statements").
The Company's independent auditor, therefore, was not retained to perform an
audit of the Company's Annual Financial Statements or to review the Quarterly
Financial Statements.
As a result, the Company's independent accountant resigned
effective February 18, 2003, indicating that he had no reason to remain auditor
of record.
As indicated above, our independent accountant did not audit
the Annual Financial Statements, and therefore did not prepare any report on
such financial statements. The independent accountant's report on the financial
statements for the Company's fiscal year ended September 31, 2001 did not
contain any adverse opinion or disclaimer of opinion and was not modified as to
uncertainty, audit scope or accounting principles.
The decision to resign was solely that of the independent
accountant and was not recommended by the Company's board of directors or its
audit committee.
There were no disagreements with the former independent
accountant on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure with respect to the
Company's financial statements.
As soon as practicable after the receipt of sufficient
funding, the Company intends to engage a new independent accountant to perform
an audit on the Annual Financial Statements and to review the Quarterly
Financial Statements.
On March 21, 2003, the Company provided its former independent
accountant with a copy of the foregoing disclosure and requested the former
independent accountant to furnish a letter addressed to the Securities and
Exchange Commission stating whether it agrees with the foregoing statements and,
if not, stating the respects in which it does not agree. The Company has not
received a copy of this letter, but will file a copy of such letter within two
business days of receipt.
Item 6. Exhibits and Reports on Form 8-K.
99.1* Letter from Ciro E. Adams, CPA, dated ____________, 2003.
* To be filed by amendment within two business days of receipt by the Company.
2
SIGNATURES
In accordance with requirements of the Exchange Act, the registrant
caused this amended report to be signed on behalf by the undersigned, hereunto
duly authorized.
BOUNCBACKTECHNOLOGIES.COM, INC.
April 9, 2003 __________________________________________
John J. Pilger,
Chief Executive Officer