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):
March 31, 2003
Algiers Resources, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
000-26627 13-4031359
(Commission File Number) (IRS Employer Identification No.)
317 Madison Avenue, Suite 2310,
New York, New York 10017
(Address of Principal Executive Offices) (Zip Code)
(212) 949-9696
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Item 4. Changes in Registrant's Certifying Accountant.
On March 31, 2003, Singer Lewak Greenbaum & Goldstein LLP ("Singer"),
was dismissed as the independent public accountants of Algiers Resources, Inc.
(the "Registrant"). Singer's reports on the Registrant's financial statements
for the years ended December 31, 2000 and 2001 did not contain an adverse
opinion or disclaimer of opinion and were not qualified as to audit scope or
accounting principles, other than to express a belief that the Company may not
continue as a going concern. During the Registrant's two most recent fiscal
years ended December 31, 2002, and the subsequent interim period through March
31, 2003, there were no disagreements between the Registrant and Singer on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which disagreements if not resolved to Singer's
satisfaction would have caused them to make reference to the subject matter of
the disagreement in connection with their reports.
On March 31, 2003, the Registrant engaged Lazar Levine & Felix LLP
("Lazar") to serve as the Registrant's independent public accountants for its
fiscal year ending December 31, 2002. The decision to change accounts was
approved by the Registrant's Board of Directors. During the years ended December
31, 2000 and 2001, and through the date of engagement, the Registrant did not
consult Lazar with respect to the application of accounting principles to a
specified transaction, either completed or contemplated, or the type of audit
opinion that might be rendered on the Registrant's financial statements, and
neither written nor oral advice was provided to the Registrant that was
considered in reaching a decision as to any auditing or financial reporting
issues, or any other matters or reportable events as set forth in Items
304(a)(2)(i) and (ii) of Regulation S-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 16.1 Letter of Singer Lewak Greenbaum & Goldstein LLP regarding
change in certifying accountant.
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 hereunto duly authorized.
ALGIERS RESOURCES, INC.
(Registrant)
Date: April 3, 2003 By: /s/ James Prestiano
---------------------------------
James Prestiano, President