-----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, FNrGrvlcoXiktXcr3qmUKKk7Oym6tJEUF1YEfGQ9toQGYVamUVZlYh68hUeeKECZ V3imncvBJ665q7XtcvGSgw== 0000897101-02-000814.txt : 20021119 0000897101-02-000814.hdr.sgml : 20021119 20021119163751 ACCESSION NUMBER: 0000897101-02-000814 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021118 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW ULM TELECOM INC CENTRAL INDEX KEY: 0000071557 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 410440990 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03024 FILM NUMBER: 02833357 BUSINESS ADDRESS: STREET 1: 400 2ND ST N CITY: NEW ULM STATE: MN ZIP: 56073 BUSINESS PHONE: 5073544111 MAIL ADDRESS: STREET 1: P O BOX 697 CITY: NEW ULM STATE: MN ZIP: 56073 FORMER COMPANY: FORMER CONFORMED NAME: NEW ULM RURAL TELEPHONE CO DATE OF NAME CHANGE: 19840816 8-K 1 newulm025541_8k.txt NEW ULM TELECOM, INC. FORM 8K 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 NOVEMBER 18, 2002 Date of report (Date of earliest event reported) NEW ULM TELECOM, INC. (Exact Name of Registrant as Specified in Its Charter) MINNESOTA 0-3024 41-0440990 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification Number) 27 N. MINNESOTA STREET NEW ULM, MN 56073-0697 (Address of Principal Executive Offices, including Zip Code) (507) 354-4111 (Registrant's Telephone Number, including Area Code) ITEM 4 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On November 18, 2002, the company engaged Kiesling Associates LLP ("Kiesling") as its independent accountant for the fiscal year ending December 31, 2002. During the two most recent fiscal years and through November 18, 2002, the company did not consult with Kiesling regarding (1) the application of accounting principles to a specific completed or proposed transaction, (2) the type of audit opinion that might be rendered on the company's financial statements, or (3) the subject matter of a disagreement or reportable event with the former auditor (as described in Regulation S-K Item 304(a)(1)(v)). On November 18, 2002, the company dismissed Olsen Thielen and Co., Ltd. ("O & T") as its independent accountant. The reports of O & T on the financial statements for the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. The audit committee of the board of directors approved the decision to change independent accountants. In connection with its audits for the two most recent fiscal years and through November 18, 2002, there were no disagreements with O & T on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of O & T, would have caused O & T to make reference thereto in its report on the company's financial statements. During the two most recent fiscal years and through November 18, 2002, there were no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)). O & T has furnished the company with a letter addressed to the SEC stating that it agrees with the above statements. A copy of this letter is included as an exhibit to this report. ITEM 7 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 16 Letter re Change in Certifying Accountant. 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 November 19, 2002. NEW ULM TELECOM, INC. By: /s/ Bill Otis ------------------------------------ Bill Otis President and Chief Executive Officer EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - ------- ----------- 16 Letter re Change in Certifying Accountant. EX-16 3 newulm025541_ex16.txt LETTER RE: CHANGE OF CERTIFYING ACCOUNTANT EXHIBIT 16 November 19, 2002 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for New Ulm Telecom, Inc. and on February 21, 2002, we reported on the consolidated financial statements of New Ulm Telecom, Inc. and subsidiaries ("NU") as of and for the two years ended December 31, 2001. On November 18, 2002, we were replaced as principal accountants of NU. We have read and agree with the statements in Item 4 of the Form 8-K of New Ulm Telecom, Inc. dated November 18, 2002. Very truly yours, OLSEN THIELEN & CO., LTD. Certified Public Accountants -----END PRIVACY-ENHANCED MESSAGE-----