Attached files
| file | filename |
|---|---|
| 8-K/A - AMENDED CURRENT REPORT - Estate Vault, Inc. | estatevault_8ka-020510.htm |
| EX-99.2 - LETTER FROM SEALE AND BEERS, CPA - Estate Vault, Inc. | ex99-2.htm |
Exhibit 99.1
SEALE and BEERS, CPAs
PCAOB & CPAB REGISTERED AUDITORS
www.sealebeers.com
January 22, 2010
The
Estate Vault, Inc.
1110 East
Bonneville Ave.
Las
Vegas, NV 89101
To Whom
It May Concern:
Within
the preceding twenty four (24) hours, we have become aware of material
accounting errors in your Form 10-K for the period ending November 30, 2008 and
Form 10-Q for the period ending February 28, 2009 filed with the Securities and
Exchange Commission (“SEC”) on November 16, 2009 and December 24, 2009,
respectively.
Specifically,
the Company failed to convert activity conducted in Canadian dollars to US
dollars. The impact of this correction for the year ended 11/30/2008 will be as
follows:
|
Original
|
Adjusted
|
Difference
|
|
|
Assets
|
$14,805
|
$12,266
|
<$2,539>
(21% down)
|
|
Liabilities
|
$92,679
|
$75,843
|
<$16,836>
(22% down)
|
|
Equity
|
<$77,874>
deficit
|
<$63,577>
deficit
|
<$14,297>(22%
up)
|
|
Revenue
|
$9,412
|
$9,115
|
<$297>
(3% down)
|
|
Expense
|
$1,081,462
|
$1,081,363
|
<$99>
(0% change)
|
|
Gain
on Currency Conversion
|
$14,495
|
You must contact the SEC regarding this
matter within the next Five (5) Business days and provide us with a copy of that
communication. Failure to do so will leave us with no alternative but
to contact the SEC directly. Furthermore, we believe a Form 8-K of
non-reliance should be filed.
Assuming that you intend to comply with
the above, you should plan to file amended forms 10-K and 10-Q as soon as
possible.
Very
truly yours,
/s/ Seale and Beers,
CPAs
Seale and
Beers, CPAs
Las
Vegas, Nevada
50 S JONES BLVD, STE 202, LAS VEGAS,
NV 89107 Ph: (888) 727-8251
Fax: 888-7782-2351