UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
APRIL 18, 2007
Date of Report (Date of earliest event reported)
COLONIAL COMMERCIAL CORP.
(Exact name of Registrant as Specified in Charter)
NEW YORK 1-6663 11-2037182
(State or other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
275 WAGARAW ROAD, HAWTHORNE, 07506
NEW JERSEY
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: 973-427-8224
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 communications 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))
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective as of April 18, 2007, the Company dismissed Weiser, LLP
("Weiser") as the Company's certified public accountants. Additionally,
effective as of April 18, 2007, the Company engaged Eisner LLP ("Eisner") as the
Company's principal accountants to audit the Company's financial statements for
the year ended December 31, 2007, subject to ratification of this appointment by
the stockholders of the Company. The Company's decision to dismiss Weiser and
engage Eisner was recommended by the Company's Audit Committee and approved by
the Company's Board of Directors.
Weiser reported on the Company's consolidated financial statements for the
years ending December 31, 2006 and 2005. For these periods and up to April 18,
2007, there were no disagreements with Weiser on any matter of accounting
principle or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement(s), if not resolved to the satisfaction of Weiser,
would have caused it to make reference thereto in its report on the financial
statements for such years.
The reports of Weiser on the financial statements of the Company for the
fiscal years ended December 31, 2006 and 2005 did not contain any adverse
opinion or disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles.
During the years ended December 31, 2006 and 2005, and through the
subsequent interim period preceding the decision to change independent
accountants, neither the Company nor anyone acting on its behalf consulted
Eisner regarding either the application of accounting principles as to a
specified completed or proposed transaction, the type of audit opinion that
might be rendered on the Company's consolidated financial statements, or other
information provided that was considered by the Company in reaching a decision
as to an accounting, auditing, or financial reporting issue. Eisner has not
provided to the Company a written report or oral advice regarding such
principles or audit opinion.
During the years ended December 31, 2006 and 2005, and through the
subsequent interim period preceding the decision to change independent
accountants, there were no reportable events as defined by Item 304(a)(1)(v) of
Regulation S-K.
The Company has provided Weiser with a copy of the foregoing disclosure and
requested that Weiser provide the Company with a letter addressed to the
Securities and Exchange Commission stating whether it agrees with the statements
made by the Company in response to this item. Weiser's letter was unavailable at
the time this Form 8-K is being filed.
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.
COLONIAL COMMERCIAL CORP.
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(Registrant)
Date: April 24, 2007 /s/ William Salek
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William Salek
Chief Financial Officer