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NETE > SEC Filings for NETE > Form 8-K on 21-Apr-2014All Recent SEC Filings

Show all filings for NET ELEMENT, INC.

Form 8-K for NET ELEMENT, INC.


21-Apr-2014

Changes in Registrant's Certifying Accountant, Results of Operations and Financ


Item 4.01 Changes in Registrant's Certifying Accountant.

On April 16, 2014, the Audit Committee of Net Element, Inc. (the "Company") approved the engagement of Daszkal Bolton LLP ("Daszkal Bolton") as its independent registered public accounting firm to audit the Company's financial statements beginning with the fiscal year ending December 31, 2014.

During the Company's two most recent fiscal years, and any subsequent interim period prior to engaging Daszkal Bolton, neither the Company (nor someone on its behalf) has consulted with Daszkal Bolton regarding the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, nor was a written report or oral advice provided to the Company that Daszkal Bolton concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, or on any matter that was the subject of a disagreement (as defined in paragraph
(a)(1)(iv) and the related instructions to Item 304(a)(2) of Regulation S-K) or a reportable event (as described in paragraph (a)(1)(v) to Item 304(a)(2) of Regulation S-K).



Item 2.02 Results of Operations and Financial Condition

On April 21, 2014, the Company issued a press release announcing its financial results for its fiscal year ended December 31, 2013. A copy of the press release is furnished as Exhibit 99.1 to this report.

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