Euphonix, Inc. Form 8-K 12/07/01

-----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, HiuUhTY9lXBt5JZq95A1DZbddQg2ibDtlL5eEayJLj2iAqSwwPb1IKUu1XcEyxlv WzhVR3odO8cJMrm05/Z/nw== 0000891618-01-502600.txt : 20020413 0000891618-01-502600.hdr.sgml : 20020413 ACCESSION NUMBER: 0000891618-01-502600 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011207 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EUPHONIX INC \CA\ CENTRAL INDEX KEY: 0000948640 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 770189481 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26516 FILM NUMBER: 1813204 BUSINESS ADDRESS: STREET 1: 220 PORTAGE AVE CITY: PALO ALTO STATE: CA ZIP: 94306 BUSINESS PHONE: 6508461138 MAIL ADDRESS: STREET 1: 220 PORTAGE AVENUE CITY: PALO ALTO STATE: CA ZIP: 94306 8-K 1 f77870e8-k.htm FORM 8-K Euphonix, Inc. Form 8-K 12/07/01

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

December 7, 2001
Date of Report (Date of earliest event reported)

Euphonix, Inc.

(Exact name of registrant as specified in its charter)


California	0-26516	77-0189481

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


220 Portage Avenue, Palo Alto, California		94306

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (650) 855-0400

TABLE OF CONTENTS


	Item 4. Change in Registrant’s Certifying Accountant
	Item 7. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EXHIBIT 16

Item 4. Change in Registrant’s Certifying Accountant

(a) Previous Independent Accountants

        (i)    On December 7, 2001 the Company dismissed PricewaterhouseCoopers LLP as its independent accountants.

           (ii)    The reports of PricewaterhouseCoopers LLP on the financial statements of the Company for each of the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle except that their report on the Company’s 2000 financial statements included in the Company’s 2000 Form 10-K/A included an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern.

           (iii)    On December 6, 2001, the decision to change independent accountants was approved by the Company’s Audit Committee and the Board of Directors.

           (iv)    In connection with its audits for the two most recent fiscal years and through the date of this Report, the Company has had no disagreements with PricewaterhouseCoopers LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to the satisfaction of PricewaterhouseCoopers LLP would have caused it to make reference thereto in their report on the financial statements of the Company for such years.

           (v)    During the Company’s two most recent fiscal years and through the date of this Report, the Company has had no reportable events (as defined in Item 304(a)(1)(v) of the Regulation S-K).

           (vi)    The Company has requested that PricewaterhouseCoopers LLP furnish it with a letter addressed to the Commission stating whether or not it agrees with the above statements. A copy of such letter, dated December 13, 2001 is filed as Exhibit 16 to this Form 8-K.

(b) New Independent Accountants

(i) The Company engaged Hood & Strong LLP as its new independent accountants as of December 10, 2001. During the two most recent fiscal years and through the date of this Report, the Company has not consulted with Hood & Strong LLP regarding (1) either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and either a written report was provided to the Company or oral advice was provided that Hood & Strong LLP concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (2) any matter that was either the subject of disagreement, as that term is defined in Item 304(a)(1)(iv) of

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Regulation S-K and the related instruction of Item 304 of Regulation S-K, or a reportable event, as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

Item 7. Financial Statements and Exhibits.

16 Letter from PricewaterhouseCoopers LLP to the Securities & Exchange Commission

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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.

EUPHONIX, INC.

Date: December 13, 2001 By: /s/ Jeffrey Chew

Jeffrey Chew
Chief Executive Officer

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EXHIBIT INDEX

Exhibit No

Description

16.

Letter from PricewaterhouseCoopers LLP to the Securities & Exchange Commission

-5- EX-16 3 f77870ex16.txt EXHIBIT 16 EXHIBIT 16 December 13, 2001 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Commissioners: We have read the statements made by Euphonix, Inc. (copy attached), which we understand will be filed with the Commission, pursuant to Item 4 of Form 8-K, as part of the Company's Form 8-K report dated December 7, 2001. We agree with the statements concerning our Firm in such Form 8-K. Very truly yours, /S/ PricewaterhouseCoopers LLP -----END PRIVACY-ENHANCED MESSAGE-----

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	(i)		On December 7, 2001 the Company dismissed PricewaterhouseCoopers LLP as its independent accountants.

	(ii)		The reports of PricewaterhouseCoopers LLP on the financial statements of the Company for each of the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle except that their report on the Company’s 2000 financial statements included in the Company’s 2000 Form 10-K/A included an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern.

	(iii)		On December 6, 2001, the decision to change independent accountants was approved by the Company’s Audit Committee and the Board of Directors.

	(iv)		In connection with its audits for the two most recent fiscal years and through the date of this Report, the Company has had no disagreements with PricewaterhouseCoopers LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to the satisfaction of PricewaterhouseCoopers LLP would have caused it to make reference thereto in their report on the financial statements of the Company for such years.

	(v)		During the Company’s two most recent fiscal years and through the date of this Report, the Company has had no reportable events (as defined in Item 304(a)(1)(v) of the Regulation S-K).

	(vi)		The Company has requested that PricewaterhouseCoopers LLP furnish it with a letter addressed to the Commission stating whether or not it agrees with the above statements. A copy of such letter, dated December 13, 2001 is filed as Exhibit 16 to this Form 8-K.


	EUPHONIX, INC.

Date: December 13, 2001	By:	/s/ Jeffrey Chew

		Jeffrey Chew Chief Executive Officer


Exhibit No		Description

16.		Letter from PricewaterhouseCoopers LLP to the Securities & Exchange Commission