-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, W0DF86ss8CWKFcfP/Kw4PJUuWSyp3ZRrjuiMrzT0zX2cR83O2rv/I3hy+TwY8VxI 1c6juI2T9P93jwmlnN2loA== 0000057201-01-000003.txt : 20010125 0000057201-01-000003.hdr.sgml : 20010125 ACCESSION NUMBER: 0000057201-01-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010115 ITEM INFORMATION: ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUENTRA NETWORKS INC CENTRAL INDEX KEY: 0000057201 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 362448698 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05486 FILM NUMBER: 1513836 BUSINESS ADDRESS: STREET 1: 1640 S SEPULVEDA BOULEVARD STREET 2: SUITE 222 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 8009358506 MAIL ADDRESS: STREET 1: 1640 S SEPULVEDA BOULEVARD STREET 2: SUITE 222 CITY: LOS ANGELES STATE: CA ZIP: 90025 FORMER COMPANY: FORMER CONFORMED NAME: COYOTE NETWORK SYSTEMS INC DATE OF NAME CHANGE: 19971212 FORMER COMPANY: FORMER CONFORMED NAME: DIANA CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FH INDUSTRIES CORP DATE OF NAME CHANGE: 19850814 8-K 1 0001.txt CURRENT REPORT ================================================================================ 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 and Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): January 15, 2001 QUENTRA NETWORKS, INC. ------------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Delaware 1-5486 36-2448698 - ---------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 1640 S. Sepulveda Boulevard, Suite 222, Los Angeles, CA 90025 -------------------------------------------------------------- Address of principal executive offices (800) 935-8506 ------------------------------------ Registrant's Telephone Number, Including area code ================================================================================ Item 4. Changes in Registrant's Certifying Accountant. On January 15, 2001, Arthur Andersen LLP advised the Company that it was resigning as the Company's independent public accountants. Arthur Andersen had served as the Company's independent public accountants for the three fiscal years ended March 31, 2000. In neither of the Company's past three fiscal years did the Arthur Andersen report on the Company's annual financial statements contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles. In connection with its audits for the three most recent fiscal years and through the quarter ending September 30, 2000, the Company has not had any disagreements with Arthur Andersen on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to the satisfaction of Arthur Andersen, would have caused it to make a reference to the subject matter of the disagreement in connection with its reports. As previously disclosed in the Form 10Q for the quarter ended September 30, 2000, we were advised by our independent public accountants that, if prior to the completion of their audit of our financial statements for the year ending March 31, 2001 we are unable to demonstrate our ability to fund our operations for the next 12 months, their auditors' report on those financial statements will be modified for the contingency related to our ability to continue as a going concern. At the Registrant's request, Arthur Andersen has furnished it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter is attached hereto. The Company has not engaged a new independent accountant. Item 5. Other Events. On January 15, 2001, Neal G. Taylor and Ronald E. Bolen resigned from their positions as a director of the Company and on January 17, 2001 Jerry Conrad resigned from his position as a director of the Company. Item 7. Exhibits. (c) Exhibits 16.1 Letter dated January 15, 2001 from Arthur Andersen LLP. 16.2 Letter dated January 23, 2001 from Arthur Andersen LLP. 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, on this 23rd day of January 2001. QUENTRA NETWORKS, INC. By: /s/ Timothy G. Atkinson -------------------------------- Timothy G. Atkinson Vice President of Business Development and General Counsel EX-16.1 2 0002.txt ARTHUR ANDERSEN LETTER ARTHUR ANDERSEN Ms. Cheryl Johnson Arthur Andersen LLP Chief Financial Officer Suite 1400 Quentra Networks, Inc. 6320 Canoga Avenue 1640 S. Sepulveda Blvd. Woodland Hills CA 91367 Suite 222 Los Angeles, California 90025 www.arthurandersen.com January 15, 2001 Dear Cheryl: This is to confirm that the client-auditor relationship between Quentra Networks, Inc. (formerly Coyote Network Systems, Inc. (Commission File Number 1-5486) and Arthur Andersen LLP has ceased. Very truly yours, /s/ Arthur Andersen LLP Arthur Andersen LLP EX-16.2 3 0003.txt SEC LETTER ARTHUR ANDERSEN Office of the Chief Accountant Arthur Andersen LLP Securities and Exchange Suite 1400 Commission 6320 Canoga Avenue 450 Fifth Street, N.W. Woodland Hills CA 91367 Washington, D.C. 20549 www.arthurandersen.com January 23, 2001 Dear Sir/Madam: We have read the first five paragraphs of Item 4 included in the Form 8-K dated January 15, 2001 of Quentra Networks, Inc. to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ Arthur Andersen LLP Arthur Andersen LLP Copy to: Cheryl Johnson, CFO, Quentra Networks, Inc. -----END PRIVACY-ENHANCED MESSAGE-----