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: - September 24, 1999
BIORELEASE CORP.
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(Exact name of registrant as specified in charter)
Delaware 0-15260 88-0218411
Jurisdiction of Commission File I. R. S. Employer
Incorporation Number Identification
Number
340 Granite Street, Suite 200, Manchester, NH 03102
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(Address of principal executive offices)
Registrant's telephone number: (603) 641-8443
Item 4. Changes in Registrant's Certifying Accountant.
(a) On September 13, 1999, the Registrant terminated Berry Dunn McNeil & Parker
("former accountants") as its certifying accountant and retained Ferrari &
Associates, P.C. as its certifying accountant. Prior to retaining Ferrari &
Associates, P. C. as its independent accountant, the Registrant did not consult
with or obtain oral or written advice from them.
(b) In connection with the audits of the financial statements of the Registrant
for the fiscal years ended June 30, 1995, 1996, 1997 and 1998, there were no
disagreements with the former accountants on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of the former
accountants, would have caused them to make reference to the subject matter of
the disagreement in their report. No disagreements occurred between the
Registrant and former accountants on any accounting, auditing or reporting issue
in any subsequent interim period through the date of their dismissal.
(c) Except for an explanatory paragraph concerning the Registrant's ability to
continue as a going concern, none of the former accountants' reports on the
Registrant's financial statements for the fiscal years ended June 30, 1995
through 1998 contained an adverse opinion or disclaimer of opinion, nor was it
qualified as to uncertainty, audit scope or accounting principles.
(d) A letter from the former accountants addressed to the Securities and
Exchange Commission stating whether or not they agree with the Registrant's
response to this Item is filed as an Exhibit hereto.
(e) The decision to change accountants was approved by the Board of Directors of
the Registrant.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
Exhibits
Letter from Berry Dunn McNeil & Parker in accordance with Item 4(d).
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 hereunto duly authorized.
BIORELEASE CORP.
/s/R. Bruce Reeves, President
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R. Bruce Reeves
Dated: September 24, 1999
BERRY, DUNN, McNEIL & PARKER
CERTIFIED PUBLIC ACCOUNTANTS
MANAGEMENT CONSULTANT
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100 Middle Street / P. O. Box 1100, Portland, Maine 04104-1100 /
(207) 775-2387 / FAX (207) 774-2375
September 24, 1999
Securities and Exchange Commission
Washington, D. C. 20549
Gentlemen:
We have read the statement made by Biorelease Corp., which we understand were
filed with the Commission, pursuant to Item 4 of Form 8-K, as part of the
Company's Form 8-K report dated September 20, 1999. We agree with the statement
concerning our Firm in such Form 8-K.
Very truly yours,
/s/ Berry, Dunn, McNeil & Parker
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Berry, Dunn, McNeil & Parker
Offices in: Bangor, Maine Portland, Maine Lebanon, New Hampshire
Manchester, New Hampshire