UNITED STATES
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
April 06, 2001
Date of Report (Date of earliest event reported)
WORLDWIDE DATA, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-30217 13-3810724
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
36 Toronto Street, Suite 250, Toronto, Ontario M5C 2C5
(Address of principal executive offices) (Zip Code)
(416) 214-6416
(Registrant's telephone number, including area code)
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
a) Previous independent auditors.
(i) On April 2, 2001, the Registrant dismissed the accounting firm of Kempisty &
Company as its independent auditors effective April 2, 2001. By April 5, 2001 we
had not received any communication from Kempisty & Company.
(ii) Kempisty & Company's reports on the Registrant's financial statements for
the past two fiscal years have contained no adverse opinions or disclaimers of
opinion and were not qualified or modified as to audit scope or accounting
principles. However, Kempisty & Company's report dated March 2, 2000 and May
13, 1999 with respect to the Registrant's financial statements for the years
ended December 31, 1999 and 1998 was modified as to uncertainty about the
Registrant's ability to continue as a going concern.
(iii) In connection with the audits of the Registrant's financial statements for
each of the two fiscal years ended December 31, 1999 and 1998, there were no
disagreements with Kempisty & Company on any matter of accounting principles or
practices, financial statement disclosures, or auditing scope or procedure which
would have caused Kempsity & Company to make reference in their report to such
disagreements if not resolved to their satisfaction.
(iv) On April 2, 2001, the Registrant's Audit Committee and Board of Directors
approved the decision to change independent auditors from Kempisty & Company to
Adelman Katz & Mond LLP.
(v) The Registrant has provided Kempisty & Company with a copy of this
disclosure and requested that Kempisty & Company furnish the Registrant with a
letter addressed to the Securities and Exchange Commission (the "Commission")
stating whether it agrees with the above statements. As soon as the letter is
received it will be filed as an exhibit to an amendment to the 8-K
(b) New independent accountants.
(i) On April 2, 2001, the Registrant engaged Adelman Katz & Mond LLP as its new
independent accountants for the fiscal year ending December 31, 2000.
(ii) Prior to April 2, 2001, the Company had not consulted with Adelman Katz &
Mond LLP on items which involved the Company's accounting principles or the
type of audit opinion to be issued on the Company's financial statements, but
did discuss with Adelman Katz & Mond LLP its engagement fees and standard
engagement terms for serving as the Registrant's auditors.
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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.
Worldwide Data, Inc.
Date: April 6, 2001 By: /s/ Romeo Colacitti
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Romeo Colacitti
Chairman & President
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