sec document
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 12, 2002
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ESSENTIAL REALITY, INC.
(Exact name of registrant as specified in its charter)
Nevada 000-32319 33-0851302
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
49 West 27th Street, Suite 7E, New York, New York 10001
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Address of principal executive offices
Registrant's telephone number, including area code: 212-244-3200
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(Former name or former address, if changed since last report.)
Item 4. Change in Registrant's Certifying Accountant.
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The accounting firm of Lesley, Thomas, Schwarz & Postma, Inc. has
served as our independent public accountants from March 31, 1999 (inception)
through the year ended December 31, 2001 (the "Covered Period"). In
contemplation of our business combination with Essential Reality, LLC, our Board
of Directors recommended the appointment of Deloitte & Touche LLP as our
independent auditors and at a meeting of our shareholders on February 1, 2002,
our shareholders approved the change in accountants. Due to the delay in closing
the business combination, such change in accountants was never effected. Lesley,
Thomas, Schwarz & Postma, Inc. was officially dismissed and Deloitte & Touche
LLP was officially engaged on July 12, 2002 (the "Termination Date").
The report of Lesley, Thomas, Schwarz & Postma, Inc. for each of the
two years in the period ended December 31, 2001 contained no adverse opinion or
disclaimer of opinion, nor was modified as to uncertainty, audit scope or
accounting principles. During the Covered Period, as well as during the
subsequent interim period from January 1, 2002 up to and including the
Termination Date, there were no disagreements between us and them on any matter
of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which, if not resolved to their satisfaction, would
have caused them to make reference to the subject matter of the disagreement in
connection with their report. No event described in paragraph (a)(1)(iv) of Item
304 of Regulation S-B has occurred with us at any time during the Covered Period
or during the subsequent interim period from January 1, 2002 up to and including
the Termination Date. We have not consulted with Deloitte & Touche LLP regarding
the application of accounting principles to a specific completed or contemplated
transaction, or the type of audit opinion that might be rendered on our
financial statements.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(c)
Exhibit Number Description
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16.1 Letter of Lesley, Thomas, Schwarz & Postma,
Inc. regarding termination as certifying
accountant.
SIGNATURE
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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.
ESSENTIAL REALITY, INC.
Dated: July 19, 2002 By: /s/ Steven Francesco
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Name: Steven Francesco
Title:Chief Executive Officer