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): November 2, 2001
Dial Thru International Corporation
(Exact name of Registrant as specified in its charter)
Delaware 0-22636 75-2461665
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
700 South Flower Street, Suite 2950
Los Angeles, California 90017
(Address of principal executive offices, including zip code)
(213) 627-7599
(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant
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(a) Previous independent accountants
(i) On November 2, 2001, Dial Thru International Corporation, ("Dial
Thru") dismissed King Griffin & Adamson P.C. as its independent
accountant.
(ii) The audit reports of King Griffin & Adamson P.C. on the
consolidated financial statements of Dial Thru as of and for the
years ended October 31, 2000 and 1999, the two most recent
fiscal years, did not contain any adverse opinion or disclaimer
of opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principles, except that
King Griffin and Adamson P.C.'s report on Dial Thru's financial
statements for the fiscal year ended October 31, 2000 contained
a modification as to the uncertainty of Dial Thru's ability to
continue as a going concern. A letter from King Griffin &
Adamson P.C. is attached as Exhibit 16.1.
(iii) Our Audit Committee participated in and approved the decision
to change independent accountants.
(iv) In connection with the audits for the two most recent fiscal
years and through November 2, 2001, there have been no
disagreements with King Griffin & Adamson P.C. on any matter
of accounting principle or practice, financial statement
disclosure, or auditing scope or procedure, which disagreements
if not resolved to the satisfaction of King Griffin & Adamson
P.C. would have caused them to make reference to them in their
report on the financial statements for those years.
(v) During the two most recent fiscal years and through November 2,
2001, there have been no reportable events (as defined in Item
304(a)(1)(v) of Regulation S-K).
(vi) We have requested that King Griffin & Adamson P.C. furnish
a letter stating whether or not it agrees with the above
statements. A copy of this letter dated November 5, 2001 is
filed as Exhibit 16.1 to this Form 8-K.
(b) New independent accounts
We engaged Arthur Andersen LLP as our new independent
accountants as of November 2, 2001. During the two most recent
fiscal years and through November 2, 2001, we have not consulted
with Arthur Andersen LLP regarding the following:
(i) the application of accounting principles to a specified
transaction, either completed or proposed;
(ii) the type of audit opinion that might be rendered on our financial
statements, and in no case was a written report provided to us
nor was oral advice provided that Dial Thru concluded was an
important factor in reaching a decision as to an accounting,
auditing or financial reporting issue; or
(iii) any matter that was either the subject of a disagreement, as that
term is defined in Item 304(a)(1)(iv) of Regulation S-K and
the related instructions to Item 304 of Regulation S-K, or a
reportable event, as that term is defined in Item 304(a)(1)(v)
of Regulation S-K.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
The exhibit listed in the Exhibit Index is filed as part of this
Current Report on Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Current Report to be signed on its
behalf by the undersigned thereunto duly authorized.
Dial Thru International Corporation
Date: November 7, 2001 By: /s/ Allen Sciarillo
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Allen Sciarillo
Executive Vice President and Chief
Financial Officer
EXHIBIT INDEX
Exhibit Description
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16.1 Letter from King Griffin & Adamson P.C. dated November 5, 2001