SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
AMENDMENT NO. 1
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 5, 2003
COMMISSION FILE NO. 000-33231
HY-TECH TECHNOLOGY GROUP, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 95-4868120
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(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER IDENTIFICATION NO.)
INCORPORATION OR ORGANIZATION)
1840 BOY SCOUT DRIVE, FORT MYERS, FLORIDA 33907
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(239) 278-4111
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(ISSUER TELEPHONE NUMBER)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Effective March 5, 2003, the client-auditor relationship between Hy-Tech
Technology Group, Inc., formerly SRM Networks, Inc. (the "Company") and
Quintanilla, a Professional Accountancy Corporation ("Quintanilla") ceased as
the former accountant was dismissed. On that date, the Company engaged Malone
& Bailey, PLLC as its principal independent public accountant. The decision to
engage Malone & Bailey, PLLC was made by the Company's Finance and Audit
Committee in accordance with Section 301 of the Sarbanes-Oxley Act of 2002. The
change is based on the relocation of the Company's principal place of business
from California to Florida.
Malone & Bailey, PLLC is succeeding Quintanilla. Quintanilla's report on the
financial statements of the Company since its inception on June 8, 2001
through December 31, 2001 and any later interim period up to and including the
date the relationship with Quintanilla ceased, did not contain any adverse
opinion or disclaimer of opinion and was not qualified or modified as to
uncertainty, audit scope or accounting principles.
In connection with the audit of the Company's first and most recent fiscal year
ending December 31, 2001 and any later interim period, including the interim
period up to and including the date the relationship with Quintanilla ceased,
there have been no disagreements with Quintanilla on any matters of accounting
principles or practices, financial statement disclosure of auditing scope or
procedure, which disagreement(s), if not resolved to the satisfaction of
Quintanilla would have caused Quintanilla to make reference to the subject
matter of the disagreement(s) in connection with its report on the Company'
financial statements. Since the Company's inception on June 8, 2001, there have
been no reportable events as defined in Item 301(a)(1)(v) of Regulation S-K.
The Company has authorized Quintanilla to respond fully to any inquiries of any
new auditors hired by the Company relating to their engagement as the Company's
independent accountant. The Company has requested that Quintanilla review the
disclosure and Quintanilla has been given an opportunity to furnish the Company
with a letter addressed to the Commission containing any new information,
clarification of the Company's expression of its views, or the respect in
which it does not agree with the statements made by the Company herein. Such
letter is filed as an exhibit to this Report.
The Company has not previously consulted with Malone & Bailey, PLLC regarding
either (i) the application of accounting principles to a specified transaction,
either completed or proposed; or (ii) the type of audit opinion that might be
rendered on the Company's financial statements; or (iii) any matter that was
either the subject matter of a disagreement (as defined in Item 304(a)(1)(iv) of
Regulation S-K and the related instructions) between the Company and
Quintanilla, the Company's previous independent accountant, as there were no
such disagreements or an other reportable event (as defined in Item 304(a)(1)(v)
of Regulation S-K) from the Company's inception through December 31, 2001 and
any later interim period, including the interim period up to and including the
date the relationship with Quintanilla ceased. Neither has the Company received
any written or oral advice concluding there was an important factor to be
considered by the Company in reaching a decision as to an accounting, auditing,
or financial reporting issue. Malone & Bailey, PLLC has reviewed the disclosure
required by Item 304(a) before it was filed with the Commission and has been
provided an opportunity to furnish the Company with a letter addressed to the
Commission containing any new information, clarification of the Company's
expression of its views, or the respects in which it does not agree with the
statements made by the Company in response to Item 304(a). Malone & Bailey, PLLC
did not furnish a letter to the Commission.
c) Exhibits:
15.1(1) Letter from Quintanilla, a Professional Accountancy Corporation
15.2(*) LETTER FROM QUINTANILLA, A PROFESSIONAL ACCOUNTANCY CORPORATION
* Filed Herein
(1) Filed with the Form 8-K filed on March 10, 2003
Signatures
Pursuant to the requirement 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.
HY-TECH TECHNOLOGY GROUP, INC.
March 13, 2003
/s/ Gary F. McNear
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Gary F. McNear
Chief Executive Officer