UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________
FORM 8-K/A
(Amendment No. 1)
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 3, 2005
GLOBAL CONCEPTS, LTD.
------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Colorado 0-25319 84-1191355
----------------------------------------------------------------------------
(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
14 Garrison Inn Lane, Garrison, NY 10524
----------------------------------------
(Address of principal executive offices)
(845) 424-4100
-----------------------------
Registrant's Telephone Number
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communication pursuant to Rule 425 under the Securities
Act (17 CFR 230.425).
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12).
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)).
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)).
Amendment No. 1
This amendment is being filed to include the exhibit.
Item 4.01 Change in Registrant's Certifying Accountant
On March 3, 2005 Global Concepts dismissed Bagell, Josephs & Company,
LLC ("Bagell Josephs") from its position as Global Concepts' principal
independent accountant. The decision to dismiss Bagell Josephs was approved by
the Board of Directors of Global Concepts.
Bagell Josephs had not, prior to its dismissal, rendered any audit
report or review opinion with respect to Global Concepts' financial
statements. Bagell Josephs did not, at any time prior to its dismissal,
advise Global Concepts of any of the enumerated items described in Item
304(a)(1) of Regulation S-B.
Global Concepts and Bagell Josephs have not had any disagreement on any
matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreement, if not resolved to Bagell
Josephs' satisfaction, would have caused Bagell Josephs to make reference to
the subject matter of the disagreement in connection with its reports on
Global Concepts' financial statements.
On March 3, 2005, Global Concepts retained Joseph Troche, CPA to audit
Global Concepts' financial statements for the year ended December 31, 2004.
At no time during the past two fiscal years or any subsequent period did
Global Concepts consult with Joseph Troche regarding either the application of
accounting principles to a specified transaction or the type of audit opinion
which might be rendered on Global Concepts' financial statements or any matter
of the sort described above with reference to Bagell Josephs.
EXHIBITS
16. Letter from Bagell, Josephs & Company, LLC
SIGNATURES
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.
GLOBAL CONCEPTS, LTD.
Dated: March 7, 2005 By: /s/ Michael Margolies
------------------------------
Michael Margolies
Chief Executive Officer