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: October 2, 2000
GS TELECOM, LTD.
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(Exact name of registrant as specified in its charter)
Colorado 0-13313 36-3296861
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
Enterprise House, Ocean Village, Southampton SO14 3XD
United Kingdom of Great Britain
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(New Address)
Registrant's telephone number, including area code: 011-44-171-587-3687
Item 1. Changes in Control of Registrant
None.
Item 2. Acquisition or Disposition of Assets
None.
Item 3. Bankruptcy or Receivership
None.
Item 4. Changes in Registrant's Certifying Accountant
Oatley & Hansen (formerly Oatley Bystrom & Hansen) former CPAs
for the Company, resigned resigned as auditor on September 27,
2000. BDO Stoy Hayward, of Great Britain were engaged in Septem-
ber, 2000 as auditors for Company.
The Change of Accountants was approved by the Board of Directors.
No audit committee exists other than the members of the Board of
Directors.
In connection with audit of the most recent fiscal year and
through the date of termination of the accountants, no disagree-
ments exist with any former accountant on any matter of account-
ing principles or practices, financial statement disclosure, or
auditing scope of procedure, which disagreements if not resolved
to the satisfaction of the former accountant would have caused
them to make reference in connection with his report to the sub-
ject of the disagreement(s).
The audit report by Oatley & Hansen (formerly Oatley Bystrom &
Hansen) for the year ended June 30, 1999, contained an opinion
which included a paragraph discussing uncertainties related to
continuation of the Registrant as a going concern. Otherwise, the
audit report by Oatley & Hansen (formerly Oatley Bystrom &
Hansen) for the year ended June 30, 1999 did not contain an ad-
verse opinion or disclaimer of opinion, nor was qualified or mod-
ified as to uncertainty, audit scope, or accounting principles.
Item 5. Other Events
None.
Item 6. Resignation and Appointment of Directors
None.
Item 7. Financial Statements, Pro Forma Financials, & Exhibits
Financial Statements:
None.
Pro Forma Financial Statements:
None.
Exhibits:
16.1 Resignation of Oatley & Hansen
16.2 Resignation letter of Oatley & Hansen
23.1 Consent of Oatley & Hansen
23.2 Consent of BDO Stoy Hayward
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 thereunto duly authorized.
Date: September 3, 2000 GS TELECOM, LTD.
/s/ C.P. Gervaise-Brazier
By: ---------------------------------
C.P. Gervaise-Brazier, President