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) : MARCH 5, 2003
COMMISSION FILE NO. 000-33231
HY-TECH TECHNOLOGY GROUP, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 95-4868120
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(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER IDENTIFICATION NO.)
INCORPORATION OR ORGANIZATION)
1840 BOY SCOUT DRIVE, FORT MYERS, FLORIDA 33907
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(239) 278-4111
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(ISSUER TELEPHONE NUMBER)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Effective March 5, 2003, the client-auditor relationship between Hy-Tech
Technology Group, Inc., formerly SRM Networks, Inc. (the "Company") and
Quintanilla, a Professional Accountancy Corporation ("Quintanilla") ceased. On
that date, the Company engaged Malone & Bailey, PLLC as its principal
independent public accountant. The decision to engage Malone & Bailey, PLLC was
made by the Company's Finance and Audit Committee in accordance with Section 301
of the Sarbanes-Oxley Act of 2002. The change is based on the relocation of the
Company's principal place of business from California to Florida.
Malone & Bailey, PLLC is succeeding Quintanilla. Quintanilla's report on the
financial statements of the Company since its inception on June 8, 2001
through December 31, 2001 did not contain any adverse opinion or disclaimer of
opinion and was not qualified or modified as to uncertainty, audit scope or
accounting principles.
In connection with the audit of the Company's first and most recent fiscal year
ending December 31, 2001 there have been no disagreements with Quintanilla on
any matters of accounting principles or practices, financial statement
disclosure of auditing scope or procedure, which disagreement(s), if not
resolved to the satisfaction of Quintanilla would have caused Quintanilla to
make reference to the subject matter of the disagreement(s) in connection with
its report on the Company' financial statements. Since the Company's inception
on June 8, 2001, there have been no reportable events as defined in Item
301(a)(1)(v) of Regulation S-K.
The Company has authorized Quintanilla to respond fully to any inquiries of any
new auditors hired by the Company relating to their engagement as the Company's
independent accountant. The Company has requested that Quintanilla review the
disclosure and Quintanilla has been given an opportunity to furnish the Company
with a letter addressed to the Commission containing any new information,
clarification of the Company's expression of its views, or the respect in which
it does not agree with the statements made by the Company herein. Such letter is
filed as an exhibit to this Report.
The Company has not previously consulted with Malone & Bailey, PLLC regarding
either (i) the application of accounting principles to a specified transaction,
either completed or proposed; or (ii) the type of audit opinion that might be
rendered on the Company's financial statements; or (iii) any matter that was
either the subject matter of a disagreement (as defined in Item 304(a)(1)(iv) of
Regulation S-K and the related instructions) between the Company and
Quintanilla, the Company's previous independent accountant, as there were no
such disagreements or an other reportable event (as defined in Item 304(a)(1)(v)
of Regulation S-K). Neither has the Company received any written or oral advice
concluding there was an important factor to be considered by the Company in
reaching a decision as to an accounting, auditing, or financial reporting issue.
Malone & Bailey, PLLC has reviewed the disclosure required by Item 304(a) before
it was filed with the Commission and has been provided an opportunity to furnish
the Company with a letter addressed to the Commission containing any new
information, clarification of the Company's expression of its views, or the
respects in which it does not agree with the statements made by the Company in
response to Item 304(a). Malone & Bailey, PLLC did not furnish a letter to the
Commission.
c) Exhibits:
15.1 Letter from Quintanilla, a Professional Accounting Corporation
Signatures
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
HY-TECH TECHNOLOGY GROUP, INC.
March 10, 2003
/s/ Gary F. McNear
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Gary F. McNear
Chief Executive Officer