UNITED STATES
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
FEBRUARY 15, 2007 (FEBRUARY 12, 2007)
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
COMPETITIVE TECHNOLOGIES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
1-8696 36-2664428
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(COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.)
777 COMMERCE DRIVE, SUITE 100, FAIRFIELD, CONNECTICUT 06825
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)(ZIP CODE)
(203) 368-6044
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REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:
N/A
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 4.01. Changes in Registrant's Certifying Accountant
(a) Termination of previous independent accountant.
(i) Effective February 12, 2007, the accounting firm BDO Seidman, LLP resigned
as the Registrant's independent registered public accountants.
(ii) BDO Seidman's reports on the Registrant's financial statements for the
past two years have not contained any adverse opinion or disclaimer of opinion,
or been qualified or modified as to uncertainty, audit scope, or accounting
principles.
(iii) During the two most recent fiscal years and through February 12, 2007,
there have been no disagreements between the Registrant and BDO Seidman on any
matter of accounting principles or practices, financial statement disclosure or
auditing scope of procedure, which disagreements, if not resolved to the
satisfaction of BDO Seidman, would have caused them to make reference to the
subject matter thereof in their report on the Registrant's financial statements
for such periods.
(iv) During the two most recent fiscal years and through February 12, 2007,
there have been no reportable events (as defined in Item 304(a)(1)(v) of
Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits.
16.1 Letter dated February 12, 2007 from BDO Seidman, addressed to the
Registrant, advising that the client-auditor relationship has ceased.
16.2 Letter dated February 15, 2007 from BDO Seidman, addressed to the
Securities and Exchange Commission, regarding its agreement to the statements
made herein.
SIGNATURES
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.
COMPETITIVE TECHNOLOGIES, INC.
(Registrant)
Dated: February 15, 2007 By: /s/John B. Nano
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John B. Nano
Chairman and Chief Executive Officer