Attached files
| file | filename |
|---|---|
| EX-16.1 - Panache Beverage, Inc. | ex16_1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
AMENDMENT NO.
1
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): August 23, 2010
BMX DEVELOPMENT
CORPORATION
(Exact
name of registrant as specified in its charter)
|
Florida
|
000-52670
|
20-2089854
|
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
19720 Jetton Road, Suite
300, Cornelius,
N.C. 28031
(Address
of principal executive
offices) (Zip
Code)
Registrant’s
telephone number, including area code: (704) 904-2390
(Former
name or former address, if changed since last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425).
[
] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12).
|
[
]
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b)).
|
|
[
]
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c)).
|
Item
4.01. Changes in Registrant’s Certifying Accountant
Effective
August 20, 2010, the client-auditor relationship between BMX Development
Corporation (the "Company") and Traci J. Anderson, CPA (the "Former Auditor")
was terminated upon the dismissal of the Former Auditor as the Company’s
independent registered accounting firm. The Company has not yet engaged
another principal independent public accountant to audit the Company's financial
statements for the year ending December 31, 2010. The decision to change
accountants was recommended and approved by the Company's Board of Directors,
effective August 20, 2010, and was necessitated as a result of the revocation of
the registration of the Former Auditors by the Public Company Accounting
Oversight Board (“PCAOB”) for violations of rules and auditing standards in
auditing financial statements, PCAOB rules and quality control
standards.
The
Former Auditor's reports on the financial statements of the Company for the
years ended December 31, 2009 and 2008, did not contain any adverse opinion or
disclaimer of opinion and was not qualified or modified as to uncertainty, audit
scope or accounting principles.
The reports of the Former Auditor on
the Company’s financial statements as of and for the years ended December 31,
2009 and December 31, 2008, contained an explanatory paragraph which noted that
there was substantial doubt as to the Company’s ability to continue as a going
concern.
During
the years ended December 31, 2009 and 2008 and in the subsequent interim periods
through the date the relationship with the Former Auditor concluded, there were
no disagreements between the Former Auditor and the Company on a matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreement, if not resolved to the satisfaction of
the Former Auditor would have caused the Former Auditor to make reference to the
subject matter of the disagreement in connection with its report on the
Company's financial statements.
There
have been no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K
during the years ended December 31, 2009 and 2008 or in any subsequent interim
periods through the date the relationship with the Former Auditor
ceased.
The
Company has authorized the Former Auditor to respond fully to any inquiries of
the Company's new audit firm, once one is selected, relating to its engagement
as the Company's independent accountant. The Company has requested that the
Former Auditor review the disclosure contained in this Report and the Former
Auditor has been given an opportunity to furnish the Company with a letter
addressed to the Commission containing any new information, clarification of the
Company's expression of its views, or the respect in which it does not agree
with the statements made by the Company herein. The Company will file
such letter with the Securities and Exchange Commission (the "Commission") as an
exhibit to an amendment to this Current Report on Form 8-K/A within two days of
receiving it but no later than ten days after the filing of this
Report.
(d) Exhibits. The
following exhibit is being filed herewith this Current Report on Form
8-K
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
BMX DEVELOMENT CORP.
Date:
August 23,
2010 By: /s/
Michael J. Bongiovanni
Michael J. Bongiovanni,
President