FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 9, 2002
NOVEX SYSTEMS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
New York 0-26112 41-1759882
(State of Jurisdiction) (Commission File Number) (IRS Employer ID No.)
16 Cherry Street Clifton, New Jersey 07014
(Address of Principal Executive offices) (Zip Code)
Registrant's telephone number, including area code 973-777-2307
Name of each exchange on
Title of each class which registered
Common Stock $.001 par value OTC Electronic Bulletin Board
DOCUMENTS INCORPORATED BY REFERENCE
Location in Form 8-K Incorporated Document
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None None
Item 1. Changes in Control of Registrant. None
Item 2. Acquisition or Disposition of Assets. None.
Item 3. Bankruptcy or Receivership. None
Item 4. Changes in Registrant's Certifying Accountant.
(A.) The registrant's board of directors has voted not to reappoint
Feldman & Sherb, LLC as its independent accountants effective
October 9, 2002. The registrant's primary reason for changing
auditors resulted from the registrant's plan to lower its operating
costs, including fees paid for independent auditing work.
No report by Feldman & Sherb on the company's financial statements
for either of the past two fiscal years contained an adverse opinion
or a disclaimer of opinion, or was qualified or modified as to
uncertainty, audit scope, or accounting principles, except for the
years ended May 31, 2000 and 2001, which contained an explanatory
paragraph regarding the registrant's ability to continue as a going
concern.
During the Company's two most recent fiscal years and the interim
period preceding the date of Feldman & Sherb's dismissal, the
registrant had no disagreement with Feldman & Sherb 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 Feldman & Sherb, would have caused Feldman &
Sherb to make a reference thereto in Feldman & Sherb's report on the
consolidated financial statements for such periods.
Feldman & Sherb has not advised the registrant of any reportable
event as defined in paragraphs (A) through (D) of Regulation S-K
Item 304 (a)(1)(v).
The registrant, contemporaneously with the filing of this Form 8-K,
will provide Feldman & Sherb with a copy of this disclosure and
request that Feldman & Sherb furnish a letter to the registrant,
addressed to the Securities and Exchange Commission, stating that it
either agrees or disagrees with the statements made by the
registrant herein. Promptly, upon (but in no event later than two
business days after) receipt of such letter, the registrant shall
file an amendment containing such letter to this Form 8-K.
(B). The firm of Radin, Glass & Co., LLP has been engaged by the
registrant as its independent certified accountants with the
approval of its full board of directors.
Item 5. Other Events. None.
Item 6. Resignation of Registrant's Directors. None.
Item 7. Financial Statements and Exhibits. None.
Item 8. Change in Fiscal Year. None.
Item 9. Sales of Equity Securities Pursuant to Regulation S. None
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Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in capacities and on the dates indicated and is duly authorized.
NOVEX SYSTEMS INTERNATIONAL, INC.
By: /s/ Daniel W. Dowe
-------------------------
Daniel W. Dowe, President
Dated: October 9, 2002
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