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 (Date of Earliest Event Reported): July 22, 2002
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SNELLING TRAVEL, INC.
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(Exact name of registrant as specified in its charter)
Colorado 0-26461 58-2368425
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
4636 Village Drive
Fernandina, FL 32034
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number including area code: (904) 261-7711
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(Former name or former address, if changed since last report): NA
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On July 22, 2002, Horton & Company, LLC ("Horton"), which had audited
its financial statements for the past two years, notified Snelling Travel, Inc.
(the "Company") that it resigned as the Company's principal accountant and
auditor. The resignation was effective immediately.
The reports of Horton for the past two fiscal years ended December 31, 2001
contained a going-concern paragraph. Otherwise, the reports did not contain an
adverse opinion or a disclaimer of opinion and were not qualified or modified as
to uncertainty, audit scope or accounting principles.
During the past two fiscal years and the interim periods since December 31,
2001, there have been no disagreements with Horton on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope and
procedure which, if not resolved to its satisfaction, would have caused Horton
to make reference to the matter in its report. Further, during that time, there
were no reportable events as that term is described in Item 304(a)(1)(v) of
Regulation S-K.
The Company has requested Horton to furnish it a letter addressed to the
Securities and Exchange Commission stating whether it agrees with the above
statements. A copy of the letter, dated July 26, 2002, is filed as Exhibit 16 to
this Form 8-K.
(b) On July 23, 2002, the Company, with the approval of its Board of
Directors, retained Bagell, Josephs & Company, L.L.C. ("Bagell") to be its new
auditor and principal accountant for the year ended December 31, 2002. During
the two most recent fiscal years and subsequent interim period, the Company has
not consulted Bagell regarding any matter requiring disclosure in this Form 8-K.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits.
16. Letter, dated July 26, 2002, from former accountant,
Horton & Company, LLC
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SIGNATURE
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Pursuant to the requirements of Section 13 or 15(a) 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.
SNELLING TRAVEL, INC.
Date: July 29, 2002 By: /s/ Rollins C. Snelling, Jr.
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Rollins C. Snelling, Jr., President
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EXHIBIT INDEX
Exhibit
Number Description
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16 Letter from Horton & Company, LLC,
dated July 26, 2002
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EXHIBIT 16
July 26, 2002
Securities and Exchange Commission
Washington, D.C. 20549
Horton & Company, LLC (a predecessor firm of Citrin Cooperman & Company, LLP)
was previously the auditors for Snelling Travel, Inc. On March 27, 2002, Horton
& Company, LLC reported on the financial statements of Snelling Travel, Inc. as
of December 31, 2001 and 2000, and for the years then ended. On July 22, 2002,
we resigned as the auditors of Snelling Travel, Inc. We have read the statements
made by Snelling Travel, Inc., included under Item 4 of its Form 8-K dated July
26, 2002 and we agree with such statements.
Very truly yours,
/s/ Horton & Company, LLC
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Horton & Company, LLC