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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: OCTOBER 28, 2004
Date of earliest event reported: OCTOBER 25, 2004
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R-TEC HOLDING, INC.
(Exact name of registrant as specified in its charter)
IDAHO 0-30463 82-0515707
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
287 N. MAPLE GROVE RD.
BOISE, IDAHO 83704
(Address of principal executive offices) (Zip Code)
(208) 887-0953
(Registrant's telephone number, including area code)
1471 E. COMMERCIAL AVE.
MERIDIAN, IDAHO 83642
(Former name or address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On October 25, 2004, R-Tec Holding, Inc., Board of Directors, upon
recommendation of the Audit Committee, engaged HJ & Associates, L.L.C., as
independent auditor, replacing Balukoff Lindstrom & Co., PA.
Balukoff Lindstrom & Co.'s, P.A. report on R-Tec Holding, Inc.'s financial
statements for the years ended December 31, 2003, 2002, and 2001. The report of
Balukoff Lindstrom & Co., P.A. for the year ended December 31, 2003 was a
modified report as a going concern uncertainty. The prior report of Balukoff
Lindstrom & Co., P.A. for the years ended December 31, 2002 and 2001 did not
contain an adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting principles.
During R-Tec Holding, Inc.'s three most recent fiscal years and through the date
of Balukoff Lindstrom & Co.'s, P.A. dismissal, there were no disagreements with
Balukoff Lindstrom & Co., P.A. on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which,
if not resolved to Balukoff Lindstrom & Co.'s, P.A. satisfaction, would have
caused Balukoff Lindstrom & Co., P.A. to make reference to the subject matter in
connection with its report of the financial statements for such years; and there
were no reportable events as defined in Item 304(a)(1) or Item 304(a)(3) of
Regulation S-B.
R-Tec Holding, Inc., has provided Balukoff Lindstrom & Co., P.A. with a copy of
the above disclosures. Attached, as Exhibit 99 is a copy of Balukoff Lindstrom &
Co.'s, P.A. letter, dated October 28, 2004, stating its agreement with such
statements.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: October 28, 2004
R-TEC HOLDING, INC.
By: /s/ Faris McMullin
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Faris McMullin
Chief Executive Officer and
Chairman of the Board
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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Ex. 99.doc Letter of Balukoff, Lindstrom & Co., PA to the Securities &
Exchange Commission dated October 28, 2004