Date of Report (Date of earliest event reported): June 25, 2004
PACIFIC MAGTRON
INTERNATIONAL CORP.
(Exact name of
registrant as specified in its charter)
Nevada
(State or other
jurisdiction of incorporation)
000-25277 | 88-0353141 |
(Commission File Number) | (IRS Employer Identification Number) |
1600 California
Circle, Milpitas, California
95035
(Address
of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (408) 956-8888
Not Applicable
(Former name or former address, if changed since last report)
(a) On June 18, 2004, KPMG LLP (KPMG), the Registrants independent auditor, tendered its resignation to the Registrant. The Registrant has started the process in seeking an independent auditor replacing KPMG.
(b) The report of KPMG for the fiscal years ended December 31, 2002 and 2003 contained no adverse opinions, disclaimer of opinion or qualification or modification as to uncertainty, audit scope or accounting principles, except for a modification as to uncertainty about the Registrants ability to continue as a going concern as described in the reports of KPMG in the Registrants Form 10-K for the fiscal years ended December 31, 2002 and 2003.
(c) During the Registrants fiscal years ended December 31, 2002 and 2003, and during the subsequent interim period preceding June 18, 2004, there have been no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedure, which, if not resolved to the satisfaction of KPMG, would have caused KPMG to make reference thereto in its reports on the financial statements of the Registrant for such periods.
(d) During the Registrants fiscal years ended December 31, 2002 and 2003, and during the subsequent interim period preceding June 18, 2004, there have been no reportable events (as such term defined in Item 304(a)(1)(v) of Regulation S-K promulgated by the Securities and Exchange Commission.
(e) The Registrant has provided KPMG with a copy of the disclosures set forth in this Form 8-K. The Registrant has requested KPMG to furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Registrant in this Form 8-K regarding KPMG and, if not, stating the reasons for their disagreement. A copy of such letter is filed as Exhibit 16 hereto.
Exhibit No. | Exhibit Description | Filed Herewith |
16 | Letter from registrant's prior independent accountants | X |
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.
PACIFIC MAGTRON INTERNATIONAL CORP., |
|
Date: June 25, 2004 | By /s/ Theodore S. Li |
Theodore S. Li President and Chief Financial Officer |