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): February 16, 2000
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CONDOR CAPITAL, INC.
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(Exact name of Registrant as specified in its charter)
Colorado
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(State or other jurisdiction of Incorporation or organization
33-20848-D 84-1075696
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(Commission File Number) (I.R.S. Employer Identification No.)
3858 West Carson Street, Suite 127, Torrance, California 90503-6705
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(Address of principal executive offices) (Zip Code)
(310) 944-9771
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(Registrant's telephone number, including area code)
8891 East Easter Place, Englewood, Colorado 80112
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(Former name or former address, if changed since last report)
Item 4. Changes in Registrant's Certifying Accountants.
(a) Previous Independent Public Accountants
Effective February 25, 2000, Condor Capital, Inc., a Colorado corporation
(the "Registrant") dismissed Gordon, Hughes & Banks, LLP ("GHB") as its
independent public accountants. The Board of Directors of the Registrant
approved this action.
During the two most recent fiscal years and through December 16, 2000,
there were no disagreements with GHB on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which
disagreements, if not resolved to the satisfaction of GHB, would have caused GHB
to make reference to the subject matter of the disagreement(s) in its reports.
GHB audited the balance sheets of the Registrant at September 30, 1999 and
1998, and the related statements of operations, stockholders' equity and cash
flows, for the fiscal years ended September 30, 1999 and September 30, 1998
(collectively, the "Financial Statements"). GHB's reports on the Financial
Statements did not contain an adverse opinion or disclaimer of opinion, and with
the exception of a standard "Going Concern" qualification because of the lack of
material operations of the Registrant on the dates of the above referenced
Financial Statements, were not qualified or modified as to uncertainty, audit
scope or accounting principles.
The Registrant provided GHB with a copy of the above statements, and
requested that GHB furnish a letter addressed to the Securities and Exchange
Commission (the "Commission") stating whether GHB agrees with such statements. A
copy of the letter of GHB to the Commission, dated March 1, 2000, is filed as an
exhibit to this current report on Form 8-K.
(b) New Independent Public Accountants.
Effective February 25, 2000, the Registrant engaged the accounting firm of
Jones, Jensen & Company as independent public accountants of the Registrant.
Item 7. Financial Statements, Pro Forma Financial Statements And Exhibits
(c) Exhibits.
16.1 Letter of Gordon, Hughes & Banks LLP, dated March 1, 2000, to the
Securities and Exchange Commission.
Page 2
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
CONDOR CAPITAL, INC.
(Registrant)
Date: March 1, 2000 /S/ Lee Gahr
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By: Lee Gahr
Its: President
Date: March 1, 2000 /S/ W. Patrick Batista
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By: W. Patrick Batista
Its: Secretary and
Chief Financial Officer
Page 3
EXHIBIT 16.1
GORDON, HUGHES & BANKS LLC
Certified Public Accountants
March 1, 2000
Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Condor Capital, Inc.
Commission File No. 33-20848-D
Ladies and Gentlemen:
We were previously the independent accountants for the Company and on December
16, 1999, we reported on the financial statements of the Company for the years
ended September 30, 1999 and 1998. On February 25, 2000, we were replaced as the
independent accountants of the Company.
We have read Item 4 of Form 8-K dated March 1, 2000, of Condor Capital, Inc. and
are in agreement with the statements contained in paragraph 4(a) therein. We
have no basis to agree or disagree with other statements of the registrant
contained therein.
Sincerely,
/S/ Gordon, Hughes & Banks LLP
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Gordon, Hughes & Banks LLP
cc: Board of Directors
Condor Capital, Inc.
3858 W. Carson Street, Suite 127
Torrance, California 90503