UNITED STATES
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 Event Requiring Report: November 14, 2003
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CIROND CORPORATION
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(Exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation or organization)
0-49763 88-0469593
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(Commission File Number) (IRS Employer Identification Number)
1999 Bascom Avenue, Suite 700, Campbell, California 95008
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(Address of principal executive offices)
(604) 688-4060
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(Registrant's telephone number, including area code)
EXMAILIT.COM
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(Former name, if changed since last report.)
Item 5. Other Information.
As previously disclosed in a report on Form 8-K filed with the Securities
and Exchange Commission ("Commission") on October 10, 2003 by Cirond
Corporation, f/k/a eXmailit.com (the "Company"), on September 8, 2003, the board
of directors of the Company appointed KPMG, LLP ("KPMG") as the Company's
independent auditor for the fiscal year ended December 31, 2003. This
appointment was subject to ratification by the Company's shareholders, and the
Company's acquisition of all of the issued and outstanding capital stock of
Cirond Networks Inc. ("CNI") from Cirond Technologies Inc. ("CTI") pursuant to a
Stock Exchange Agreement ("Agreement") which was duly executed by both parties
on August 29, 2003. Subsequent to execution of the Agreement, a dispute arose
between the Company and CTI regarding closing of the Agreement.
As KPMG's appointment by the Company was contingent upon its acquisition
of CNI, KPMG has not been formally retained by the Company nor had it begun to
render any services to the Company. Despite the existence of a dispute between
the Company and CTI regarding the closing of the Agreement, the parties have
executed a First Amendment to the Agreement and are now proceeding with the
consummation of the transaction.
As the dispute relating to the Agreement had not been resolved on November
14, 2003, the board of directors of the Company decided to retain its previous
independent accountant, Parker & Co. ("Parker"), as its independent auditor for
the review of its financial statements for the third quarter ended September 30,
2003. As KPMG had not been retained and not rendered any services, the Company
does not believe this constitutes a change in auditor. The decision to retain
Parker was approved by the Company's board of directors. The Company expects to
retain KPMG as its independent accountant for its fiscal year ending December
31, 2003 in the event the CNI exchange is consummated.
SIGNATURES
Pursuant to the requirement of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated this 18th day of November, 2003.
Cirond Corporation
By: /s/ Kevin Ryan
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Kevin Ryan, President
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