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): June 24, 2004
CHAMPIONS SPORTS, INC.
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Exact name of registrant as specified in its charter)
Delaware 1-17263 52-1401755
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(State of (Commission File (IRS employment
incorporation) Number) identification no.)
2420 Wilson Blvd., Suite 214
Arlington, VA 22201
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(Address of principal executive offices)
703-526-0400
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(Registrant's telephone number, including area code)
Item 4. Change in Registrant's Certifying Accountants
On June 24, 2004, the Company was notified of the resignation of its independent
accountant, Michael F. Moore, CPA (sole practitioner) due to the inability to
find a second partner review. He served as the independent accountant for the
Company since May 2003.
In connection with the audit done by Michael F. Moore for FY 2003 (1) there were
no disagreements on any matter of accounting principle or practice, financial
statement disclosure, auditing scope or procedure, whereby such disagreements,
if not resolved to the satisfaction of Michael F. Moore, would have caused him
to make reference thereto in his report on the financial statements for FY 2003;
and (2) there have been no reportable events (as defined in Item 304(a)(1)(v) of
Regulation S-K).
The Company has engaged effective June 24, 2004 Bagell, Josephs & Co.
L.L.C. as its independent accountant to audit the Company's financial
statements. The Board of Directors of the Company approved the engagement of
Bagell, Josephs & Co. L.L.C.
Item 7. Financial Statements and Exhibits:
(a) Not applicable
(b) Not applicable
(c) Not applicable
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Champions Sports, Inc.
Dated: June 28, 2004 By: /s/ James Martell
James Martell
Chief Executive Officer
and President
By: /s/ James E. McCollam
James E. McCollam
Corporate Secretary, Chief
Accounting Officer and Controller