|
Quotes & Info
|
| GWBU > SEC Filings for GWBU > Form 8-K/A on 9-Oct-2012 | All Recent SEC Filings |
9-Oct-2012
Non-Reliance on Previous Financials, Audits or Interim Review
On June 28, 2012, the Company was informed by its former auditors, Anton, that the Company should not rely on the following previously filed financial statements:
·
Balance Sheets as of June 30, 2011, and the related Statements of Operations, Stockholder's Deficit and Cash flows for the year then ended as filed with the SEC on November 14, 2011;
·
Interim statements for the periods ended September 30, 2011, and December 31, 2011, and March 31, 2012, as filed with the SEC on November 21 2011, February 17, 2012, and May 21, 2012, respectively.
Anton has informed the Company that it cannot rely upon the previously issued audit report filed as part of its Annual Report on Form 10-K, filed November 14, 2011.
Anton has been requested to inform management the reasons why the financial statements referenced above may not be relied upon. Anton has informed the Company that those statements cannot be relied upon because their audit opinion for the year ending June 30, 2011, has been withdrawn. Management is not aware of any misstatements on financial statements for those periods. The Company has retained new auditors, who will re-audit the fiscal year 2011, review the interim periods for the first three quarters of 2012 and audit the year-end period of June 30, 2012.
Management is providing a copy of the disclosures it is making in response to
this Item 4.02 no later than the day of filing this Current Report on Form 8-K.
Management has requested Anton to furnish the Company as promptly as possible a
letter addressed to the Commission stating whether Anton agrees with the
statements made herein and, if not, stating the respects in which it does not
agree. The Company will file any such letter received by way of an amendment to
this Current Report on Form 8-K no later than two business days after receipt of
the letter. To date, the Company has been unsuccessful in obtaining such
letter.
The Company does not have an audit committee. However, the Board of Directors, in the absence of an audit committee, as well as the Company's President, has attempted to discuss the matters disclosed in this filing pursuant to item 4.02(b), but has been unsuccessful in making contact.
|
|