SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
Date of Report: January 22, 2002
Synergy Brands, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-19409 22-2993066
(State of incorporation) (Commission File No.) (IRS Employer
Identification No.)
1175 Walt Whitman Road, Melville, New York 11747
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (631) 424-5500
Not Applicable
(Former name or former address, if changed since last report)
Item 4. Changes in Registrant's Certifying Accountant
BDO Seidman LLP was previously the principal accountants for Synergy Brands,
Inc. ("the Registrant"). On January 22, 2002, that firm's appointment as
principal accountants was terminated by the Registrant and Grant Thornton LLP
was engaged as principal accountants. The decision to change accountants was
approved by the Board of Directors of the Registrant.
In connection with the audits of the two fiscal years ended December 31, 2000,
and the subsequent interim period through January 22, 2002, there were no
disagreements with BDO Seidman LLP or Belew Averitt LLP, whose practice was
combined with BDO Seidman LLP, on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures,
which disagreements if not resolved to their satisfaction would have caused them
to make reference in connection with their opinion to the subject matter of the
disagreement.
The audit report of BDO Seidman LLP on the consolidated financial statements of
the Registrant as of and for the year ended December 31, 2000, did not contain
any adverse opinion or disclaimer of opinion, nor was it qualified or modified
as to uncertainty, audit scope, or accounting principles. The audit report of
Belew Averitt LLP on the consolidated financial statements of the Registrant as
of and for the year ended December 31, 1999, did not contain any adverse opinion
or disclaimer of opinion, nor was it qualified or modified as to uncertainty,
audit scope, or accounting principles.
During the two years ended December 31, 2000 and the subsequent interim period
preceding the termination of BDO Seidman LLP on January 22, 2002, no reportable
events occurred in connection with the relationship between BDO Seidman LLP,
Belew Averitt LLP and the Registrant.
A letter from BDO Seidman LLP is attached as Exhibit 16 to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
16. Letter of BDO Seidman LLP dated January 22, 2002
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 thereunto duly authorized.
Synergy Brands, Inc.
By: /s/ Mair Faibish
----------------
Mair Faibish
Chairman of the Board
By: /s/ Mitchell Gerstein
---------------------
Mitchell Gerstein
Chief Financial Officer
Dated: January 22, 2002
EXHIBIT INDEX
1. Correspondence from BDO Seidman LLP, Dated January 22, 2002