-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I6nyo5/ipARyuZkJrK+luYqV3dKXr/O96i6ScH9a79Qw//OwZZ19Gva3V7Ltd6px QV7IO/fyKJi5L80Oefu20Q== 0000950134-02-010524.txt : 20020822 0000950134-02-010524.hdr.sgml : 20020822 20020822095722 ACCESSION NUMBER: 0000950134-02-010524 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020821 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WSI INDUSTRIES INC CENTRAL INDEX KEY: 0000104897 STANDARD INDUSTRIAL CLASSIFICATION: METALWORKING MACHINERY & EQUIPMENT [3540] IRS NUMBER: 410691607 STATE OF INCORPORATION: MN FISCAL YEAR END: 0828 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00619 FILM NUMBER: 02745314 BUSINESS ADDRESS: STREET 1: 2605 W WAYZATA BLVD STREET 2: BOX 340 CITY: LONG LAKE STATE: MN ZIP: 55356-0340 BUSINESS PHONE: 6124731271 MAIL ADDRESS: STREET 1: 2605 W WAYZATA BLVD BOX 340 STREET 2: 2605 W WAYZATA BLVD BOX 340 CITY: LONG LAKE STATE: MN ZIP: 55356-0340 FORMER COMPANY: FORMER CONFORMED NAME: WASHINGTON SCIENTIFIC INDUSTRIES INC DATE OF NAME CHANGE: 19920703 8-K 1 c71519e8vk.txt FORM 8-K 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 Report (date of earliest event reported): August 21, 2002 WSI INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Minnesota 41-0691607 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 18151 Territorial Road, Osseo, MN 55369 (Address of principal executive offices) Registrant's telephone number, including area code: (763) 428-4308 --------------- Items 1, 2, 3, 5, 6, 8 and 9 are not applicable and therefore omitted. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS (a) Previous independent accountants (i) On August 21, 2002, the Board of Directors of WSI Industries, Inc. (the "Company"), upon the recommendation of the Audit Committee of the Company, approved the dismissal of the Company's independent public accountant, Ernst & Young LLP. (ii) No reports by Ernst & Young LLP within the last two years have contained an adverse opinion or a disclaimer of opinion, or have been qualified or modified as to uncertainty, audit scope or accounting principle. (iii) During the Company's two most recent fiscal years and all interim periods preceding the dismissal, there were no disagreements between the Company and Ernst & Young LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. (iv) Within the last two most recent fiscal years and all subsequent interim periods and to the date of dismissal, there have been no reportable events with respect to Ernst & Young LLP as that term is described in Item 304 of Regulations S-K. (v) The Company has requested that Ernst & Young LLP furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter, dated August 21, 2002 is filed as Exhibit 16.1 to this Form 8-K. (b) New independent accountants (i) On August 21, 2002, the Company selected and engaged Schechter Dokken Kanter Andrews & Selcer Ltd. as its independent public accountant. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 16.1 Letter from Ernst & Young LLP dated August 21, 2002. SIGNATURE 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, thereunto duly authorized. WSI INDUSTRIES, INC. By: /s/ Paul Sheely ---------------------------------- Paul D. Sheely, Vice President, Finance & CFO August 21, 2002 EX-16.1 3 c71519exv16w1.txt LETTER FROM ERNST & YOUNG LLP EXHIBIT 16.1 August 21, 2002 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 We have read Item 4 of Form 8-K dated August 21, 2002, of WSI Industries, Inc. and are in agreement with the statements contained in paragraphs (i) through (v) therein. We have no basis to agree or disagree with other statements of the registrant contained therein. Very truly yours, /s/ Ernst & Young LLP -----END PRIVACY-ENHANCED MESSAGE-----