-----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, NmKYtdL0x2FVrnykzpYyK99H2BjuFRZeLTS+iaFuc/y0fH1/+slgaBEXym9kW77o WYMpC1BbFvI0weiis4v6AA== 0000912057-96-019448.txt : 19960904 0000912057-96-019448.hdr.sgml : 19960904 ACCESSION NUMBER: 0000912057-96-019448 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960801 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 19960903 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: INRAD INC CENTRAL INDEX KEY: 0000719494 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 222003247 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11668 FILM NUMBER: 96625195 BUSINESS ADDRESS: STREET 1: 181 LEGRAND AVE CITY: NORTHVALE STATE: NJ ZIP: 07647 BUSINESS PHONE: 2017671910 MAIL ADDRESS: STREET 2: 181 LEGRAND AVE CITY: NORTHVALE STATE: NJ ZIP: 07647 FORMER COMPANY: FORMER CONFORMED NAME: INTERACTIVE RADIATION INC DATE OF NAME CHANGE: 19880804 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 1, 1996 INRAD, INC. (Exact name of registrant as specified in its charter) New Jersey 0-11668 22-2003247 (State or other (Commission (I.R.S. Employer jurisdiction of in- File Number) Identification #) 181 Legrand Avenue, Northvale, NJ 07647 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (201) 767-1910 Total number of sequentially numbered pages: 4 Exhibit index page number: 4 1 ITEM 4 CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT (a) Previous Independent Accountants (i) On August 9, 1996, INRAD, Inc. dismissed Price Waterhouse LLP as its independent accountants. (ii) The reports of Price Waterhouse LLP on the financial statements for the past two fiscal years ended December 31 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle, except that such reports contained a separate paragraph regarding the uncertainty of the Company to continue as a going concern due to the Registrant's recurring losses and declining cash position. (iii) The Registrant's Board of Directors participated in and approved the decision to change independent accountants. (iv) In connection with its audits for the two most recent fiscal years and through August 1, 1996, there have been no disagreements with Price Waterhouse LLP 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 Price Waterhouse LLP would have caused them to make reference thereto in their report on the financial statements for such years. (v) During the two most recent fiscal years and through August 1, 1996 there have been no reportable events [as defined in Regulation S-K Item 304(a)(1)(v)]. (vi) Price Waterhouse LLP has furnished the Registrant 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 Form 8-K Report. (b) New Independent Accountants (i) The Registrant engaged Grant Thornton LLP as its new independent accountants as of August 1, 1996. During the two most recent fiscal years and through August 1, 1996, the Registrant has not consulted with Grant Thornton LLP regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Registrant's financial statements, and either a written report was provided to the Registrant or oral advice was provided that Grant Thornton LLP concluded was an important factor considered by the Registrant in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement (as that term is defined in paragraph 304(a)(1)(iv) of Regulation S-K and the related instructions to Regulation S-K) or a reportable event (as that term is defined in paragraph 304(a)(1)(v) of Regulation S-K). 2 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INRAD, INC. ----------- By: /s/Warren Ruderman ------------------------------- Warren Ruderman, President/CEO Date: August 29, 1996 3 EX-1 2 EXHIBIT 1 EXHIBIT 1 PRICE WATERHOUSE LLP August 26, 1996 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Ladies and Gentlemen: INRAD, INC. ----------- We have read Item 4 of INRAD, Inc's. Form 8-K dated August 1, 1996 and are in agreement with the statements contained in paragraph 4(a) therein. Yours very truly, /s/Price Waterhouse LLP Price Waterhouse LLP 4 -----END PRIVACY-ENHANCED MESSAGE-----