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
Date of Report (Date of earliest event reported) November 19, 2002
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THE CHROMALINE CORPORATION
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(Exact name of registrant as specified in its charter)
MINNESOTA 000-25727 41-0730027
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(State or other jurisdiction) (Commission File Number) (IRS Employer
of incorporation Identification No.)
4832 GRAND AVENUE
DULUTH, MINNESOTA 55807
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (218) 628-2217
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NOT APPLICABLE
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(Former Name or Former Address, if Changed Since Last Report)
Item 4. Changes in Registrant's Certifying Accountant.
Effective November 19, 2002, The Chromaline Corporation (the
"Company") dismissed Deloitte & Touche LLP ("Deloitte & Touche") as
the Company's independent auditors and engaged McGladrey & Pullen,
LLP ("McGladrey") as the Company's independent auditors for the
fiscal year ending December 31, 2002. Both the Company's Audit
Committee and Board of Directors approved the dismissal of Deloitte &
Touche and the engagement of McGladrey as the Company's independent
auditors.
The reports of Deloitte & Touche on the Company's financial
statements for the fiscal years ended December 31, 2000 and December
31, 2001 did not contain an adverse opinion or a disclaimer of
opinion and were not qualified or modified as to uncertainty, audit
scope or accounting principles.
During the fiscal years ended December 31, 2000 and December
31, 2001, and during the subsequent interim period, there have been
no disagreements between the Company and Deloitte & Touche on any
matter concerning accounting principles or practices, financial
statement disclosure or auditing scope or procedure which, if not
resolved to the satisfaction of Deloitte & Touche, would have caused
Deloitte & Touche to make reference to the subject matter of the
disagreement in connection with its reports.
The Company has provided a copy of the above disclosures to
Deloitte & Touche. Attached as Exhibit 16 is a copy of Deloitte &
Touche's letter dated November 22, 2002 stating Deloitte & Touche's
agreement with said statements.
During the fiscal years ended December 31, 2000 and December
31, 2001 and the subsequent interim period through November 19, 2002,
the Company has not consulted with McGladrey regarding either (1) the
application of accounting principles to a specified completed or
proposed transaction, or the type of opinion that might be rendered
on the Company's financial statements or (2) any matter that was
either the subject of a disagreement or reportable event as set forth
in Item 304 (a) (2) (ii) of Regulation S-B.
Item 7. Exhibits.
16 Letter from Deloitte & Touche LLP to the Securities and Exchange
Commission, dated November 22, 2002.
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, thereunto duly authorized.
THE CHROMALINE CORPORATION
Date: November 22, 2002 By /s/ William C. Ulland
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William C. Ulland
Chairman, Chief Executive Officer
and President
EXHIBIT INDEX
No. Exhibit Page
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16 Letter from Deloitte & Touche LLP to the Filed
Securities and Exchange Commission, dated Electronically
November 22, 2002.