SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 14, 2002
ESAT, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
0-26039 95-0344604
(Commission File Number) (IRS Employer Identification No.)
8502 E. Chapman, Suite 340, Orange, California 92869
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (888) 257-7694
CIK Number 0001081798
Item 4. Change in Accountants.
The Registrant's former independent accountant Sprayberry, Barnes,
Marietta & Luttrell ("Sprayberry") was dismissed from that capacity on February
14, 2002. The report by Sprayberry on the financial statements of the Registrant
dated March 23, 2001, including consolidated balance sheets as of December 31,
2000 and 1999 and the consolidated statements of operations, cash flows and
stockholders' equity for the years ended December 31, 2000 and 1999 did not
contain an adverse opinion or a disclaimer of opinion, nor was it qualified or
modified as to uncertainty, audit scope or accounting principles, except as to
uncertainties regarding the Registrant's ability to continue as going concern.
During the period covered by the financial statements through the date of
resignation of the former accountant, there were no disagreements with the
former accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure. On February 28, 2002 the
Registrant engaged Sqaur, Milner, Reehl & Williamson, LLP as its new independent
accountants. Prior to the engagement of Sqaur, Milner, Reehl & Williamson, LLP,
the Registrant did not consult with Sqaur, Milner, Reehl & Williamson, LLP, on
the application of accounting principles to any specific transaction nor the
type of audit opinion that might be rendered on the Registrant's financial
statements. Sprayberry was provided with the disclosure set forth above and
provided the Registrant with a letter to the effect that it did not disagree
with the above statements as far as they related to Sprayberry. A copy of
Sprayberry's letter is filed as an exhibit to this Current Report.
(c) Exhibits
16.1 Letter from Sprayberry, Barnes, Marietta & Luttrell.
Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: March 14, 2002 ESAT, INC.
By: /s/ Chester L. Noblett, Jr.
Chester L. Noblett, Jr.
Chairman
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