UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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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 3, 2004
Material Technologies, Inc.
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Exact Name of Registrant as specified in its charter
Delaware 33-23617 95-4622822
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State or other jurisdiction Commission IRS Employer
of incorporation File Number Identification No.
11661 San Vicente Blvd., Suite 707, Los Angeles, California 90049
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Address of principal executive offices Zip Code
Registrant's telephone number, including area code: (310) 208-5589
Item 4. Changes in Registrant's Certifying Accountant
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(a) On June 7, 2004, the Company received Gumbiner, Savett, Finkel,
Fingleson & Rose, Inc., Certified Public Accountants (hereinafter
"Gumbiner") letter to the Commission stating that it disagrees with
certain of the Company's statements included in the second paragraph
under Item 4 of its Form 8-K. This letter is incorporated herein as
Exhibit 16 under Item 7(c).
(b) The Company engaged Farber & Haas, LLP ("Farber") as the principal
accountant to audit the Company's financial statements effective as of
June 3, 2004. The Company, as of the effective date of Farber's
engagement, did not have discussions with Farber regarding the
application of accounting principles to specified transactions, the
type of audit opinion to be rendered or any matters that were the
subject of disagreement or a reportable event.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(c) Exhibits
The following exhibit is filed herewith:
Exhibit Number
16 Letter, dated June 7, 2004 from Gumbiner to the Securities and
Exchange Commission :
SIGNATURES
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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.
Material Technologies, Inc.
June 14, 2004 By: /s/ Robert M. Bernstein
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Robert M. Bernstein, CEO