UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
of the
SECURITIES EXCHANGE ACT OF 1934
Date of Report: January 18, 2001
Wichita Development Corporation
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(Exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation or organization)
0-29383 88-0356200
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(Commission File Number) (IRS Employer Identification Number)
c/o Richard D. Surber, President
268 West 400 South, Suite 300, Salt Lake City, Utah 84101
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(Address of principal executive offices)
(801) 575-8073
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(Registrant's telephone number, including area code)
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ITEM 4. Changes in Registrant's Certifying Accountant
On September 18, 2000, Wichita Development Corporation ("the Company")
terminated its relationship with Andersen Andersen & Strong, L.C. ("Andersen"),
the principal accountant previously engaged to audit the Company's financial
statements. Effective September 18, 2000, the Company retained Mantyla
McReynolds ("Mantyla") as the principal accountants to replace Andersen. The
Company had a good relationship with Andersen, but determined that it needed the
services of a larger firm. The Company's board of directors approved the change
of accountants from Andersen to Mantyla.
The audit reports of Andersen on the Company's financial statements for the
fiscal year ending December 31, 1999 did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope, or accounting principles, except such reports were modified to
include an explanatory paragraph for a going concern uncertainty.
In connection with the audits of the fiscal year ending December 31, 1999 and
the subsequent interim periods through September 18, 2000, the date of
termination, the Company had no disagreements with Andersen on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedures. Had there been any disagreements that were not resolved to
their satisfaction, such disagreements would have caused Andersen to make
reference in connection with their opinion to the subject matter of the
disagreement. In addition, during that time there were no reportable events (as
defined in Item 304(a)(1)(iv) of Regulation S-B).
During the fiscal year ending December 31, 1999, and the subsequent interim
period through September 18, 2000, the date of termination, and prior to such
appointment, the Company did not consult with Mantyla regarding the application
of generally accepted accounting principles to a specific transaction, either
proposed or completed, or the type of audit opinion that might be rendered on
the Company's financial statements. Since there were no disagreements or
reportable events (as defined in Item 304(a)(2) of Regulation S-B), the Company
did not consult Mantyla in respect to these matters during that time.
The Company provided Andersen with a copy of this report prior to filing it with
the SEC. The Company requested that Andersen furnish the Company with a letter
to the SEC stating whether Andersen agrees with the above statements. A copy of
that letter dated January 18, 2001 is filed as Exhibit 16 to this Form 8-K.
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ITEM 7. Financial Statements and Exhibits
The following exhibit(s) are included as part of this report:
EXHIBIT PAGE
NO. NO. DESCRIPTION
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16 4 Letter from Andersen Andersen & Strong, L.C. dated January
18, 2001, relating to the termination of its services as the
Registrant's independent auditor.
Pursuant to the requirement of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Wichita Development Corporation
Signature Date
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By: /s/ Ruairidh Campbell January 18, 2001
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Name: Ruairidh Campbell
Title: Vice President
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