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 20, 2002
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TEL-INSTRUMENT ELECTRONICS CORP
(Exact name of registrant as specified in its charter)
New Jersey 33-18978 22-1441806
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
728 Garden St
Carlstadt, New Jersey 07072 (201) 933-1600
(Address of principal (Registrant's telephone number,
executive offices) including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Item 4. Changes in Registrant's Certifying Auditors
The client-auditor relationship between the Registrant and its former
independent auditors, PricewaterhouseCoopers, LLP ("PwC") has ceased
concurrent with the filing of the Registrant's Form 10-Q on November 14,
2002. In connection with its audits for the two most recent fiscal years
and through November 14, 2002, there have been no disagreements with PwC
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure which disagreements if not
resolved to the satisfaction of PwC would have caused them to make
reference thereto in their report on the financial statements and there
have been no reportable events as defined in item 304 of Regulation S-K.
PwC's reports on the financial statements for the Registrant's past two
fiscal years did not contain any adverse opinion or disclaimer of opinion
and were not qualified or modified as to uncertainty, audit scope, or
accounting principles.
The Registrant is currently in the process of selecting new independent
auditors.
The decision to change auditors was made with the knowledge and approval
of the Registrant's audit committee and Board of Directors.
Item 7. Exhibits
The following is filed with the Commission as an exhibit to this report.
16 Letter dated November 20, 2002 from the Registrant's former
independent auditors.
SIGNATURE
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 there unto duly authorized.
TEL-INSTRUMENT ELECTRONICS CORP
Date: November 20, 2002 By /s/ Joseph P. Macaluso
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Joseph P. Macaluso
Principal Accounting Officer
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