sec document
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): 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. 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 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 such period, 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 such periods. 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 12, 2002 By: /s/ Steven Francesco
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Name: Steven Francesco
Title: Chief Executive Officer