UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
December 5, 2010
Date of Report (Date of earliest event reported)
INFOSPI INC.
(Exact name of registrant as specified in its charter)
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000-53104
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51-0668045
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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1720 Harrison Street, 18th Floor
Suite Penthouse A
Hollywood, Florida
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33309
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(Address of principal executive offices)
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(Zip Code)
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(305) 573-0441
Registrant’s telephone number, including area code
5300 NW 12th Avenue, Suite 1
Fort Lauderdale, Florida 33309
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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SECTION 4. MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS
ITEM 4.02 NON RELIANCE ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS OR A RELATED AUDIT REPORT OF COMPLETED INTERIM REVIEW.
On approximately December 5, 2010, the Board of Directors of InfoSpi, Inc., a Nevada corporation (the “Company”), was advised by its newly appointed independent public accountants, Randall N. Drake, C.P.A., P.A. (“Drake”), that its financial statements reviewed and/or audited by its prior independent public accountant, Cornell, Beall & Leigh, LLC (CB&L”), for the quarters referenced below as filed with the Securities and Exchange Commission could not be relied upon since CB&L are not registered under the Public Company Accounting Oversight Board (the “PCAOB”):
| Period Ended | Form | Date Filed with SEC | ||
| September 30, 2009 | 10-Q | November 23, 2009 | ||
| December 31, 2009 | 10-K | April 14, 2010 | ||
| March 31, 2010 | 10-Q | April 24, 2010 | ||
| June 30, 2010 | 10-Q | August 13, 2010 |
As a result, the Board of Directors of the Company concluded on December 5, 2010 that its previously issued financial statements for the periods above should no longer be relied upon.
The Company intends to file, as promptly as practicable, amendments to its Form 10-Qs and Form 10-K for the periods referenced above to restate its financial statements and include either reviewed or audited financial statements.
The Chief Executive Officer/President of the Company has discussed these matters disclosed in this filing on Form 8-K with the Company’s independent public accountants on approximately December 5, 2010.
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SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro forma Financial Information.
Not applicable.
(c) Shell Company Transaction.
Not applicable.
(d) Exhibits.
None.
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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.
| INFOSPI INC. | |||
| DATE: December 14, 2010 | By: | /s/ Dror Svorai | |
| Dror Svorai | |||
| President/Chief Executive Officer | |||
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