Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE - Keyuan Petrochemicals, Inc. | f8k011711ex99i_keyuan.htm |
| EX-16.1 - LETTER ADDRESSED TO SEC - Keyuan Petrochemicals, Inc. | f8k011711ex16i_keyuan.htm |
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
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 17, 2011
KEYUAN PETROCHEMICALS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
|
Nevada
|
333-124837
|
45-0538522
|
||
|
(STATE OR OTHER JURISDICTION OF
INCORPORATION OR ORGANIZATION)
|
(COMMISSION FILE NO.)
|
(IRS EMPLOYEE IDENTIFICATION NO.)
|
Qingshi Industrial Park
Ningbo Economic & Technological Development Zone
Ningbo, Zhejiang Province
P.R. China 315803
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(86) 574-8623-2955
(ISSUER TELEPHONE NUMBER)
Silver Pearl Enterprises, Inc.
1541 E. Interstate 30
Rockwall, Texas 75087
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
|
––––––––––––––––
Copies to:
Leser, Hunter, Taubman & Taubman
17 State Street, Floor 20
New York, NY 10004
Tel: 212-732-7184
|
|
––––––––––––––––
|
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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.
|
(a)
|
Previous independent registered public accounting firm
|
Patrizio & Zhao, LLC (“P&Z”) was previously the principal accountants for Keyuan Petrochemicals, Inc. (the “Registrant” or the “Company”). On January 17, 2011, that firm was dismissed. The decision to dismiss P&Z was approved by the Company’s audit committee of the board of directors.
During the two fiscal years ended December 31, 2009, and the subsequent period through January 17, 2011, there were no: (1) disagreements with P&Z on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to their satisfaction, would have caused them to make reference in connection with their opinion to the subject matter of the disagreements, or (2) reportable events.
The audit reports of P&Z on the consolidated financial statements of the Company as of and for the years ended December 31, 2009 and 2008 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.
A letter from P&Z is attached as Exhibit 16.1 to this Form 8-K.
|
(b)
|
Engagement of independent registered public accounting firm
|
On January 17, 2011, KPMG was engaged as principal accountants. The decision to engage KPMG was approved by the Company’s audit committee of the board of directors. During the two fiscal years ended December 31, 2009 and 2008, and through the date of KPMG’s engagement, the Company did not consult KPMG regarding either: (i) the application of accounting principles to a proposed or completed specified transaction, or the type of audit opinion that might be rendered, and neither a written report nor oral advice was provided that was an important factor considered by the Company in reaching a decision as to the accounting, auditing, or financial reporting issue; or (ii) any matter that was either the subject of a disagreement or reportable event within the meaning set forth in Regulation S-K, Item 304 a(1)(iv) or (a)(1)(v).
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
16.1. Letter from Patrizio & Zhao, LLC., dated January 18, 2011 addressed to the Securities and Exchange Commission.
99.1 Press Release issued by the Company on January 18, 2011.
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.
Keyuan Petrochemicals, Inc.
|
By:
|
/s/ Aichun Li
|
|
Name:
|
Aichun Li
|
|
Title:
Dated:
|
Chief Financiale Officer
January 18, 2011
|