U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
Amendment No. 1 to
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): JULY 5, 2001
----------------------
PLANET EARTH RECYCLING, INC.
----------------------------------------------------
(Exact name of registrant as specified in its charter)
NEVADA 0-27295 98-0208988
------ ------- ----------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
435 MARTIN ST., BLAINE, WA 98230
- ------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (360) 332-1350
-------------------
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Adventure Minerals, Inc. and Planet Earth Recycling Inc. merged during
September, 2000. Prior to the merger and for the fiscal year ended April 30,
2000 and the period from February 17, 1999 (inception) to April 30, 1999, the
principal auditor for Adventure Minerals, Inc., a public Nevada corporation (the
"Company," now named Planet Earth Recycling Inc.), was Morgan & Co. of
Vancouver, British Columbia, Canada. Prior to the merger and for the seven
month period ended June 30, 2000 (since inception), the principal auditor of
Planet Earth Recycling Inc., a private Nevada corporation, was The Raber Mattuck
Group, Chartered Accountants of Vancouver, British Columbia, Canada. Effective
July 5, 2001, the Board of Directors of the Company approved a change of
accountants. On July 5, 2001, management of the Company dismissed both Morgan &
Co. and The Raber Mattuck Group and engaged Grant Thornton LLP of Seattle,
Washington as its independent public accountant to audit its financial
statements for the fiscal year ended June 30, 2001.
The Company believes, and has been advised by Morgan & Co. that it concurs with
such belief, that, for the fiscal year ended April 30, 2000, for the interim
period from May 1, 2000 through July 5, 2001, and the period from February 17,
1999 (inception) to April 30, 1999, the Company and Morgan & Co. did not have
any disagreement on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which disagreement, if not
resolved to the satisfaction of Morgan & Co. would have caused it to make
reference in connection with its report on the Company's financial statements to
the subject matter of the disagreement. The report of Morgan & Co. on the
Company's financial statements for the fiscal year ended April 30, 2000 and the
period from February 17, 1999 (inception) to April 30, 1999, did not contain an
adverse opinion or a disclaimer of opinion. The Company has requested that
Morgan & Co. furnish a letter addressed to the U.S. Securities and Exchange
Commission stating whether Morgan & Co. agrees with the above statements.
The Company believes, and has been advised by The Raber Mattuck Group that it
concurs with such belief, that, for the seven month period ended June 30, 2000
(since inception) and the interim period from July 1, 2000 through July 5, 2001,
Planet Earth Recycling Inc., a private company, and The Raber Mattuck Group did
not have any disagreement on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure, which
disagreement, if not resolved to the satisfaction of The Raber Mattuck Group
would have caused it to make reference in connection with its report on the
Company's financial statements to the subject matter of the disagreement. The
report of The Raber Mattuck Group on the Company's financial statements for the
seven month period ended June 30, 2000, did not contain an adverse opinion or a
disclaimer of opinion. The Company has requested that The Raber Mattuck Group
furnish a letter addressed to the U.S. Securities and Exchange Commission
stating whether The Raber Mattuck Group agrees with the above statements.
2
ITEM 7. EXHIBITS
16.1 Letter from Morgan & Co. to the U.S. Securities and Exchange
Commission
16.2 Letter from The Raber Mattuck Group to the U.S. Securities and
Exchange Commission
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.
PLANET EARTH RECYCLING INC.
Dated: July 12, 2001
By: /s/ Rowland Wallenius
---------------------------
Name: Rowland Wallenius
Title: President
3
EXHIBIT INDEX
Exhibit
Number Description
- ------- -----------
16.1 Letter from Morgan & Co. to the U.S. Securities and Exchange
Commission
16.2 Letter from The Raber Mattuck Group to the U.S. Securities and
Exchange Commission