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: April 25, 2000
(Date of earliest event reported)
NAVTECH, INC.
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(Exact name of Registrant as specified in charter)
Delaware 0-15362 11-2883366
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification Number)
2340 Garden Road, Suite 102, Monterey, California 93940
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (519) 747-9883
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Item 4. Changes in Company's Certifying Accountant.
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On April 25, 2000, Navtech, Inc. (the "Company") dismissed Grant Thornton
LLP as its independent certified public accountants. Such determination was made
by the Company's Board of Directors.
The reports of Grant Thornton LLP on the Company's financial statements as
of October 31, 1998 and 1999 and for the years then ended neither contain an
adverse opinion or a disclaimer of opinion nor is modified as to uncertainty,
audit scope or accounting principles, except that the opinions included an
explanatory paragraph that there were conditions that raised substantial doubt
about the Company's ability to continue as a going concern.
During the fiscal years ended October 31, 1998 and 1999 and the period from
November 1, 1999 to April 25, 2000, there were no disagreements with Grant
Thornton LLP on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which, if not resolved to
the satisfaction of such firm, would have caused it to make reference to the
subject matter of the disagreement in connection with its report.
Effective April 27, 2000, the Company engaged Deloitte & Touche LLP as its
independent certified public accountants with respect to the fiscal year ended
October 31, 2000. The engagement of Deloitte & Touche was approved by the Board
of Directors of the Company.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(c) Exhibits. --------
(i) Letter from Grant Thornton LLP to the Securities and Exchange
Commission.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of
1934, the Company has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
NAVTECH, INC.
Dated: April 27, 2000 By: /s/ Duncan Macdonald
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Duncan Macdonald
Chairman of the Board
April 28, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Navtech, Inc.
Ladies and Gentlemen:
We have read Item 4 of Navtech, Inc.'s Form 8-K dated April 25, 2000 and
are in agreement with the statements contained therein, except that we are not
in a position to agree or disagree with (i) Navtech, Inc.'s statements that our
dismissal was determined by the Company's Board of Directors or (ii) the fourth
paragraph of Item 4.
Very truly yours,
GRANT THORNTON LLP