Here's a small bit taken from the previous K-8, can you explain to me where it says they have 2 weeks.......NO Where
So the SEC SAYS SO. IF THEY AREN"T POLICING DILUTION THEN WHO IS POLICING THE 2 WEEK GRACE PERIOD..not suggesting there is dilution BUT!IMHO
The Company has requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Form 8-K.
Item 4. 01(b) New Independent Accountants
On September 1st, 2010, we engaged Michael T. Studer, CPA P.C. (The “New Accounting Firm”) as our independent accountants for the year ending September 30th, 2010. The Board made the decision to engage the New Accounting Firm acting under authority delegated to it and the Board of Directors approved the same on September 2 nd , 2010.
The Company has not consulted with the New Accounting Firm during our two most recent fiscal years or during any subsequent interim period prior to its appointment as New Accounting Firm regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that the New Accounting Firm 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 disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K
