UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A-1
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): August 13, 2002
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RTIN HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Texas
(State of Other Jurisdiction of Incorporation)
001-13559 75-2337102
(Commission File Number) (IRS Employer Identification No.)
3218 Page Rd.
Longview, Texas 75605
(Address of Principal Executive Offices) (Zip Code)
(903) 295-6800
(Registrant's Telephone Number, Including Area Code)
Item 4. Change in Registrant's Certifying Accountant.
On August 13, 2002, RTIN Holdings, Inc. (the "Company") retained the
firm of Heard, McElroy & Vestal, LLP as its independent accountant for the
current fiscal year to replace Killman, Murrell & Company, P.C., the Company's
independent accountants for the years ended December 31, 2001 and 2000. The
decision to dismiss Killman, Murrell, & Company, P.C. and to retain Heard,
McElroy & Vestal, LLP was recommended and approved by the Company's board of
directors.
The opinion of Killman, Murrell & Company, P.C. for the years ended
December 31, 2001 and 2000 contained the qualification that the financial
statements for such years and the periods then ended were prepared on a "going
concern" basis but did not otherwise contain any adverse opinion or
qualification as to uncertainty, audit scope, or accounting principles. There
were no disagreements with the Company's former accountants, Killman, Murrell, &
Company, P.C. on any matter of accounting principles, financial statement
disclosure, or auditing scope or procedure.
The Company's former auditors, Killman, Murrell, & Company, P.C. have
expressed to the Company that the 10-QSB reports for the first, second, and
third quarters of 2001 need to be amended. After a thorough review of the
Company's financial records, management has determined that the Company did not
understate revenue in the first quarter of 2001 but did understate revenue by
$93,001 in the second quarter of 2001 and $96,549 in the third quarter of 2001.
The understatement was due to the fact that the accounting division of the
Company missed certain credit card sales from the Companies prior restaurant
division which were subsequently discovered and corrected in the fourth quarter
of 2001.The Company will amend the second and third quarter 2001 reports over
the course of the next 30 days. Management believes that the understatements
were immaterial to the Company's overall business.
The Company has authorized Killman, Murrell & Company, P.C. to respond
fully to the inquiries of Heard, McElroy & Vestal, LLP concerning these
questions.
Item 7. Financial Statements and Exhibits.
The following documents are filed as Exhibits to this report:
None
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 hereto duly authorized.
RTIN HOLDINGS, INC.
Date: August 29, 2002 By: /s/ Curtis A. Swanson
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Curtis A. Swanson, President
Exhibit Index
None