DIGITAL INFO SECURITY COMPANY FORM 8-K (Current report filing) Filed 03/04/98 for the Period Ending 02/27/98 Address 8350 N LEHIGH AVENUE MORTON GROVE, IL 07083 Telephone 9086884445 CIK 0001025566 Symbol DGIFD SIC Code 3949 - Sporting and Athletic Goods, Not Elsewhere Classified Industry Computer Services Sector Technology Fiscal Year 12/31 http://www.edgar-online.com Copyright 2016, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use.
TEARDROP GOLF CO FORM 8-K (Unscheduled Material Events) Filed 3/4/1998 For Period Ending 2/27/1998 Address 1080 LOUSONS ROAD BUILDING 1 UNION, New Jersey 07083 Telephone 908-688-4445 CIK 0001025566 Fiscal Year 12/31
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): February 27, 1998 TEARDROP GOLF COMPANY (Exact name of Registrant as specified in its Charter) DELAWARE 0-29014 52-105660 ------------------------- ------------ ---------------------- (State or other juris- (Commission (IRS Employer diction of incorporation) File Number) Identification Number) 1080 LOUSONS ROAD, UNION, NEW JERSEY 07083 --------------------------------------- ---------- (Address of principal executive office) (Zip Code) Registrant's telephone number including area code: (908) 688-4445 NOT APPLICABLE (Former name and former address, as changed since last report)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. (a) Rothstein, Kass & Company, P.C. ("Rothstein Kass") were the predecessor principal accountants for TearDrop Golf Company (the "Company"). The Company has decided to dismiss Rothstein Kass as auditors of the Company. The "Effective Date of Dismissal" is considered to have been February 27, 1998. Rothstein Kass's report on the Company's financial statements as of December 31, 1995 was initially qualified as to uncertainty regarding the Company's ability to continue as a going concern. In reissuing such report in connection with the December 31, 1996 audit, the qualification was removed and the report contained no adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles. The decision to change accountants was ratified by the Audit Committee of the Company's Board of Directors. During the two most recent fiscal years prior to the Effective Date of Dismissal and all subsequent interim periods preceding the date hereof, there were no disagreements between the Company and Rothstein Kass on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Rothstein Kass, would have caused Rothstein Kass to make reference to the subject matter of disagreement in connection with Rothstein Kass's reports. Rothstein Kass has furnished the Company with a letter addressed to the Securities and Exchange Commission (the "Commission") stating that Rothstein Kass agrees with the statements made by the Company in paragraphs 1, 2, 4 and 5 of this Item 4(a). A copy of the letter from Rothstein Kass to the Commission is filed as Exhibit 16 hereto. (b) Effective February 27, 1998 (the "Effective Date of Engagement"), the Company engaged Ernst & Young LLP ("E&Y") as its principal accountants. During the two most recent fiscal years prior to the Effective Date of Engagement and all subsequent interim periods preceding the date hereof, the Company has not consulted E&Y regarding any matters or events as set forth in Item 304(a)(2) of Regulation S-K. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. Letter from Rothstein, Kass & Company, P.C. to the Commission dated March 2, 1998 has been filed as Exhibit 16 to this Current Report.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TEARDROP GOLF COMPANY Dated: March 3, 1998 By: /s/ Rudy A. Slucker ------------------------- Name: Rudy A. Slucker Title: President and Chief Executive Officer
EXHIBIT INDEX Exhibit No. Description ----------- ----------- 16 Letter from Rothstein, Kass & Company, P.C. to the Commission dated March 2, 1998
=================================[LETTERHEAD OF ROTHSTEIN, KASS & COMPANY, P.C.] Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Gentlemen: March 2, 1998 We have read the statements made by TearDrop Golf Company (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 for the month of March, 1998. We agree with the statements concerning our Firm in such Form 8-K. Very truly yours, /s/rothstein, KASS & COMPANY, P.C. ---------------------------------- Rothstein, Kass & Company, P.C. End of Filing 2005 EDGAR Online, Inc.