RED FLAG IN TODAY'S 8K FILING:
On July 21, 2009, the Company engaged Robison, Hill & Co., A Professional Corporation (“Robison”) to serve as its new independent registered public accounting firm. During the fiscal year ended May 31, 2008 and 2007, and the subsequent interim periods through the date of Robison’s engagement, neither the Company nor anyone on its behalf consulted with Robison regarding (i) either the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company by Robison that it concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” as defined in Item 304(a)(1)(v) of Regulation S-K.
Looks like big trouble brewing in SPNG la la land....
