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

Date of Report (Date of earliest event reported) February 26, 2001
                                                 -----------------



                        POLYMER RESEARCH CORP. OF AMERICA
 -------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)


   New York                         0-14119-NY                11-2023495
- --------------                     -----------                -----------
(State or other                    (Commission               (IRS Employer
 jurisdiction of                   File Number)             Identification No.)
 incorporation)


2186 Mill Avenue, Brooklyn, NY                                       11234
- --------------------------------------------------------------------------------
(Address of principal executive offices)                            (zip code)


Registrant's telephone number, including area code 718-444-4300
                                                  -------------







Item 4.  Changes in and Disagreements With Accountants on Accounting and
         Financial Disclosure

         On February 26, 2001, the  Registrant  engaged  Goldstein & Ganz,  P.C.
("GG") as the  Registrant's  independent  accountants  to audit its December 31,
2000 financial  statements,  replacing  Castellano  Korenberg & Co. (the "Former
Accountants") as the Registrant's  independent auditors. The change was approved
by the Registrant's board of directors.

         The Former Accountants' report on the Registrant's financial statements
for each of the past two years did not contain any adverse opinion or disclaimer
of opinion and was not  qualified as to  uncertainty,  audit scope or accounting
principles.

         During the Registrant's two most recent fiscal years and any subsequent
interim  period,  there were no  disagreements  between the  Registrant  and the
Former  Accountants  on  any  matter  of  accounting  principles  or  practices,
financial statement disclosures or auditing scope or procedures,  nor were there
any "Reportable  Events" within the meaning of Item  304(a)(1)(iv) of Regulation
S-K.

         The Former  Accountants'  letter to the Commission is filed herewith as
Exhibit 1.

         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.

Date: February 26, 2001

                                     POLYMER RESEARCH CORP. OF AMERICA
                                     (Registrant)



                                   By: /s/  Carl Horowitz
                                      ------------------------------------------
                                       Carl Horowitz, President







                                          EXHIBITS

     1. Letter dated  February 26, 2001 from  Castellano  Korenberg & Co. to the
Commission.








                                    EXHIBIT 1
                                    ---------

                      Castellano, Korenberg & Co., CPAs, PC
                            313 West Old Country Road
                           Hicksville, New York 11801


February 26, 2001


Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, NW
Washington, DC 20549

Dear Sirs/Madams:

We have  read and  agree  with  the  comments  in Item 4 of Form 8-K of  Polymer
Research Corp. of America dated February 26, 2001.

Yours truly,

/s/ Castellano, Korenberg & Co., CPAs, PC

Castellano, Korenberg & Co., CPAs, PC