SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
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 6, 2007
Island Pacific, Inc.
(formerly known as SVI Solutions, Inc.)
__________________________________________________________________________
(Exact Name of Registrant as Specified in its Charter)
Delaware
__________________________________________________________________________
(State or Other Jurisdiction of Incorporation)
0-23049 33-0896617
________________________ ________________________________
(Commission File Number) (IRS Employer Identification No.)
19800 MacArthur Boulevard, Suite 1200, Irvine, California 92612
________________________________________________________________________________
(Address of Principal Executive Offices) (Zip Code)
(949) 476-2212
__________________________________________________________________________
(Registrant's telephone number, including area code)
___________________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On February 21, 2007, Island Pacific, Inc. (the "Company") filed a
Current Report on Form 8-K announcing, among other items, the resignation of the
Company's independent registered public accounting firm, Singer Lewak Greenbaum
& Goldstein LLP ("SLGG"). The Form 8-K is hereby incorporated by reference. In
accordance with Item 4.01 of Form 8-K and Item 304 of Regulation S-K, the
Company provided SLGG with a copy of its disclosures in the Form 8-K and
requested SLGG furnish the Company with a letter addressed to the Securities and
Exchange Commission ("SEC") stating whether or not it agrees with the statements
made by the Company in Item 4.01 of the Form 8-K. On March 5, 2006, the Company
received SLGG's response letter; a copy of that letter is attached hereto as
Exhibit 16.1. By filing the letter as an exhibit as required by Item 304 of
Regulation S-K, the Company is not necessarily indicating its agreement with the
statements contained therein.
ITEM 4.02(b) NON-RELIANCE ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS OR A
RELATED AUDIT REPORT OR COMPLETED INTERIM REVIEW
On February 21, 2007, Island Pacific, Inc. (the "Company") filed a
Current Report on Form 8-K announcing, among other items, SLGG's statement that
reliance can no longer be placed on its audit opinions for the fiscal years
ending March 31, 2002, 2003 and 2004. The Form 8-K is hereby incorporated by
reference. In accordance with Item 4.02 of Form 8-K, the Company provided SLGG
with a copy of its disclosures contained in the Form 8-K and requested that SLGG
furnish the Company with a letter addressed to the SEC stating whether or not it
agrees with the statements made by the Company in Item 4.02 of the Form 8-K. On
March 5, 2006, the Company received SLGG's response letter; a copy of that
letter is attached hereto as Exhibit 16.1. By filing the letter as an exhibit,
the Company is not necessarily indicating its agreement with the statements
contained therein.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibit No. Description
----------- -----------
16.1 SLGG letter dated March 5, 2007
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 hereto duly authorized.
Island Pacific, Inc.
Date: March 6, 2007 By: /s/ Barry Schechter
------------------------------
Name: Barry Schechter
Title: Chief Executive Officer