SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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 11, 2002 Global Yacht Services, Inc. --------------------------- (Exact name of registrant as specified in its charter) Nevada 000-49616 88-0488686 ------ --------- ---------- (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification No.) 7710 Hazard Center Drive, Suite E-415, San Diego, California 92108 ------------------------------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 619.990.0976 ---------------------------------------------------------- (Former name or former address, if changed since last report) Item 4. Changes in the Registrant's Certifying Public Accountant On November 11, 2002, the Registrant's Board of Directors, voted to replace its independent accountant, Quintanilla Accountancy Corporation ("Quintanilla"). Effective as of November 11, 2002, the Registrant's new independent accountant is Hall & Company, certified public accountants ("Hall & Company"). The Registrant retained the accounting firm of Hall & Company on November 11, 2002, to make an examination of the financial statements of the Company for the 2002 fiscal year. The Registrant authorized Quintanilla to respond fully to any inquiries from Hall & Company and to make its work papers available to Hall & Company. The reports of Quintanilla from February 21, 2001, the date of the Registrant's inception, through November 11, 2002, did not contain any adverse opinion, disclaimer of opinion, or qualification or modification as to the certainty, audit scope or accounting principles. During February 21, 2001 through November 11, 2002, there were no disagreements between the Registrant and Quintanilla on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. In addition, during February 21, 2001 through November 11, 2002, there were no "reportable events" within the meaning of Item 304 of the Securities and Exchange Commission's Regulation S-K. Item 7. Financial Statements and Exhibits Index to Exhibits ----------------- 16.1 Letter from Hall & Company, certified public accountants, to the Securities and Exchange Commission dated November 11, 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. Global Yacht Services, Inc. November 11, 2002 By: /s/ Mitch Keeler ----------------------------------- Mitch Keeler, President