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): April 29, 2002
Catalina Lighting, Inc.
(Exact name of registrant as specified in its charter)
Florida 1-9917 59-1548266
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
18191 N.W. 68th Avenue
Miami, Florida 33015
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (305) 558-4777
Item 4. Changes in Registrant's Certifying Accountants.
(a) On April 29, 2002, the Board of Directors of Catalina Lighting, Inc., a
Florida corporation (the "Company"), upon recommendation of its Audit Committee,
terminated the engagement of Deloitte & Touche LLP ("Deloitte") as the Company's
independent certified public accountants.
Deloitte's reports on the Company's consolidated financial statements for
the fiscal years ended September 30, 2001 and 2000 did not contain an adverse
opinion or disclaimer of opinion, nor were such reports qualified or modified as
to uncertainty, audit scope or accounting principles, except that Deloitte's
report for the year ended September 30, 2000 included an explanatory paragraph
concerning the Company's ability to continue as a going concern.
During the two years ended September 30, 2001 and 2000 and through the date
hereof, there were no disagreements between the Company and Deloitte on any
matter of accounting principle or practice, financial statement disclosure, or
auditing scope or procedure which, if not resolved to Deloitte's satisfaction,
would have caused them to make reference to the subject matter in connection
with their report on the Company's consolidated financial statements for such
years; and there were no reportable events as described in Item 304(a)(1)(iv)(B)
of Regulation S-K promulgated by the Securities and Exchange Commission
("Regulation S-K"). As required by Item 304(a)(3) of Regulation S-K, the
Company has furnished Deloitte with the disclosure contained in this Item 4(a).
Deloitte has furnished the Company with a letter dated May 1, 2002, and
addressed to the Securities and Exchange Commission, indicating whether it
agrees with the statements made by the Company in this Item 4(a) (see Exhibit
16.1).
(b) Also on May 1, 2002, the Board of Directors of the Company unanimously
appointed Grant Thornton LLP ("Grant Thornton") as the independent accountants
of the Company for the fiscal year ending September 30, 2002, replacing
Deloitte.
During the two years ended September 30, 2001 and 2000 and through the date
hereof, neither the Company nor anyone acting on its behalf consulted Grant
Thornton with respect to 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 consolidated financial statements, or any
other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii)
of Regulation S-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description
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16.1 Letter dated May 1, 2002 from Deloitte & Touche LLP
regarding change in independent public accountant.
2
SIGNATURE
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.
CATALINA LIGHTING, INC.
Date: May 1, 2002 By: /s/ ERIC BESCOBY
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Eric Bescoby
Chief Executive Officer
EXHIBIT INDEX
Exhibit No. Exhibit
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16.1 Letter dated May 1, 2002 from Deloitte & Touche LLP regarding
change in independent public accountant.