8-K 1 biospecifics-8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): December 10, 2001 BioSpecifics Technologies Corp. (Exact name of registrant as specified in its charter) -------------------------------------------------------------------------------- Delaware 0-19879 11-3054851 -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer -------------------------------------------------------------------------------- jurisdiction of File No.) Identification No.) -------------------------------------------------------------------------------- incorporation) -------------------------------------------------------------------------------- 35 Wilbur Street, Lynbrook, New York 11563 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (516) 593-7000 Not Applicable (Former name or former address, if changed since last report) Item 4. Changes in Registrant's Certifying Accountant ------- --------------------------------------------- Grant Thornton LLP was previously the principal accountants for BioSpecifics Technologies Corp. ("the Registrant"). On December 10, 2001, that firm's appointment as principal accountants was terminated by the Registrant and BDO Seidman, LLP was engaged as principal accountants. The decision to change accountants was approved by the Board of Directors of the Registrant. In connection with the audits of the two fiscal years ended January 31, 2001, and the subsequent interim period through December 10, 2001, there were no disagreements with Grant Thornton LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement. The audit reports of Grant Thornton LLP on the consolidated financial statements of the Registrant as of and for the years ended January 31, 2000 and January 31, 2001, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. A letter from Grant Thornton LLP is attached as Exhibit 16 to this Form 8-K. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits ------- ------------------------------------------------------------------ (c) Exhibits 16. Letter of Grant Thornton LLP dated December 11, 2001 SIGNATURE 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 thereunto duly authorized. BioSpecifics Technologies Corp. By: /s/ Albert Horcher Albert Horcher Secretary, Treasurer, Principal Financial and Chief Accounting Officer Dated: December 12, 2001