UNITED STATES
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 (Date of earliest event reported): November 5, 2001 (October 31,
2001)
BIO-SOLUTIONS INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
Nevada 33-25126-D 85-0368333
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
35 Power Lane
Hattiesburg, MS 39401
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (601) 271-7309
N/A
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(Former name or former address, if changes since last report)
Copy of Communications to:
Mintmire & Associates
265 Sunrise Avenue, Suite 204
Palm Beach, FL 33480
Phone:(561) 832-5696
Facsimile:(561) 659-5371
The purpose of this current report on Form 8-K is to disclose a change in
the Registrant's Certifying Accountant.
ITEM 4(a). CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On October 31, 2001 the Company notified its accountants, S. W. Hatfield,
CPA ("Hatfield") that they were being dismissed as the Company's independent
auditors. The stated reasons were that the Registrant wanted to complete their
audit within the required time period. The Company's Board of Directors made the
decision to change accountants.
Each of Hatfield's audit reports for the previous two (2) years did not
contain an adverse opinion. However, each opinion was qualified due to
uncertainty and contained the following language:
"The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note A to the
financial statements, the Company's lack of operating assets makes it fully
dependent upon the majority shareholder's continuing support to provide all
nominal working capital support on the Company's behalf. This situation raises a
substantial doubt about its ability to continue as a going concern. The majority
shareholder intends to continue the funding of nominal necessary expenses to
sustain the corporate entity. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty."
In connection with their audits for the two (2) most recent years, there
were no disagreements with Hatfield on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreement, if not resolved to the satisfaction of Hatfield, would have caused
Hatfield to make reference to the subject matter of the disagreements in
connection with its report on the financial statements for those years.
On November 1, 2001 the Company provided S. W. Hatfield, CPA with a copy of
this disclosure and requested that it furnish a letter to the Company, addressed
to the SEC, stating that it agreed with the statements made herein or the
reasons why it disagreed. On November 1 , 2001, the Company received a letter
from S. W. Hatfield, CPA that it agreed with the statements contained herein.
Item 4(b). CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On October 31, 2001, the Company engaged the firm of Baum & Company, P.A.
1515 University Drive, Suite 209, Coral Springs, FL 33071 as the Company's
independent auditors. Such appointment was accepted by Joel S. Baum, President
of the firm. Prior to such engagement, the Registrant had not consulted Baum &
Company, P.A. on any prior matters, including any matters relative to the
application of accounting principles or any subject of disagreement with S. W.
Hatfield, CPA.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. Description
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16.1 * Letter on change of certifying accountant pursuant to Regulation
SK Section 304(a)(3).
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* Filed herewith
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 hereunto duly authorized.
BIO-SOLUTIONS INTERNATIONAL, INC.
(Registrant)
Date: November 5, 2001
By: /s/ Louis H. Elwell
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Louis H. Elwell, III, President,
CEO and Director
By: /s/Joe Ashley
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Joe Ashley, Vice-President, Secretary,
Treasurer and Director
By: /s/ Krish Reddy
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Krish Reddy, Director