As of October 9, 2001, the Board of Directors of U.S. Wireless Data, Inc. (the Company) approved the dismissal of M.R. Weiser & Co., LLP (M.R. Weiser) as the Companys independent accountants and the engagement of Deloitte & Touche LLP (Deloitte) as the Companys independent accountants. The reports of M.R. Weiser on the Companys financial statements as of and for the fiscal years ended June 30, 2000 and June 30, 2001 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles.
During the Companys fiscal years ended June 30, 2000 and June 30, 2001, there were no disagreements between the Company and M.R. Weiser concerning any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of M.R. Weiser, would have caused it to make reference to the subject matter of the disagreements in connection with its reports.
The Company did not consult with Deloitte during the Companys fiscal years ended June 30, 2000 and June 30, 2001 on the application of accounting principles to a specified transaction; the type of opinion that might be rendered on the Companys financial statements; any accounting, auditing or financial reporting issue; or any item that was either the subject of a disagreement or a reportable event as defined in Item 304 of Regulation S-B.
The Company provided M.R. Weiser with a copy of the disclosures contained herein and has filed as an exhibit hereto the response of M.R. Weiser to the disclosures set forth in this section.
(a) Financial statements of business acquired: Not applicable
(b) Pro forma financial information: Not applicable
(c) Exhibits:
No. Exhibit
16.1 | Letter of M.R. Weiser & Co., LLP, dated October 15, 2001, pursuant to Section 304(a)(3) of Regulation S-B of the rules and regulations of the Securities and Exchange Commission. |
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
U.S. WIRELESS DATA, INC.
(Registrant)
Dated
October 15, 2001
By: /s/ Dean M. Leavitt
Name:
Dean M. Leavitt
Title:
Chairman & Chief Executive Officer
M.R. WEISER
& CO. LLP
Certified Public Accountants and Consultants
135 West 50th Street
New York, NY 10020-1299
Tel 212-812-7000
Fax 212-375-6888
Securities and
Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
To Whom It May Concern:
We have read and agree with the comments in Item 4 of Form 8-K of U.S. Wireless Data, Inc. dated October 15, 2001.
Very truly yours,
/s/ M.R. Weiser & Co. LLP
M.R. Weiser & Co. LLP
October 15, 2001