Attached files
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report: December 30, 2010
Vibe Records, Inc. Nevada
(Exact name of registrant as specified in its charter)
Nevada 000-51107 71-0928242
(State of incorporation) (Commission File Number) (IRS Employer ID Number)
824 Old Country Road, PO Box 8, Westbury NY 11590
(Address of principal executive offices) (Zip Code)
(516) 333-2400
(Registrant's telephone number)
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-4c under the Exchange
Act (17 CFR 240.13e-4c)
SECTION 4 - MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS
SECTION 4.01 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
DISMISSAL OF INDEPENDENT ACCOUNTANT.
Effective December 30th, 2010, we have dismissed the firm of S. W. Hatfield, CPA
as our auditor for our 2010 fiscal year. S. W. Hatfield, CPA audited our
financial statements for the 2009 fiscal year. S. W. Hatfield, CPA's opinion on
our financial statements for our 2008 and 2009 fiscal years were qualified as to
our ability to remain a going concern. S. W. Hatfield, CPA's dismissal was
approved by the board of directors.
During the two most recent fiscal years and the subsequent interim period
preceding S. W. Hatfield, CPA's dismissal, there were no disagreements between
S. W. Hatfield, CPA and us on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure. Notwithstanding
the absence of disagreement, S. W. Hatfield, CPA advised us during the specified
period of the following:
That information has come to S. W. Hatfield, CPA attention that it has concluded
could potentially materially impacts the fairness or reliability of either (i) a
previously issued audit report or the underlying financial statements, or (ii)
the financial statements issued or to be issued covering the fiscal period(s)
subsequent to the date of the most recent audited financial statements
(including information that, unless resolved to his satisfaction, would prevent
him from rendering an unqualified audit report on those financial statements).
The information that has come to S. W. Hatfield, CPA's attention are: (a) an
increase in non-cash expenses during fiscal year 2009 as a result of the
possible issue of "cheap stock", (b) the allocation of cash expenses between
management compensation and other expenses and (c) issues regarding our
ownership or lack of ownership of a business operated through a web site, which
individually or collectively may require a restatement of prior periods or a
withdrawal of previously issued opinions. The board of directors discussed this
information with S. W. Hatfield, CPA. We authorized S. W. Hatfield, CPA to
respond fully to inquiries of the successor auditor regarding the information
that has come to its attention.
We have provided a copy of this amendment of this Current Report on Form 8-K to
S. W. Hatfield, CPA and requested it to furnish to us a letter addressed to the
Commission stating whether it agrees with the statements made in this report
and, if not, stating the respects in which it does not agree.
ENGAGEMENT OF INDEPENDENT ACCOUNTANT.
Effective December 30th, 2010, we have engaged M&K CPAS, PLLC of Houston, Texas,
as our independent auditors. We have not consulted with M&K, at any time prior
to the date of engagement, (i) application of accounting principles to a
specified transaction, either completed or proposed; or the type of audit
opinion that might be rendered on our financial statements; or (ii) Any matter
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that was either the subject of a disagreement (as defined in paragraph
304(a)(1)(iv) and the related instructions to this item) or a reportable event
as described in item 304(a)(1)(v) of Regulation S-K. The decision to engage M&K
was recommended and approved by our board of directors.
SECTION 9.01 - FINANCIAL STATEMENT AND EXHIBITS
(c) Exhibits
The following Exhibits are hereby filed as part of this Current Report on Form
8-K:
Exhibit Description
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16.1 Letter from S. W. Hatfield, CPA, updated
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 thereunto duly authorized.
VIBE RECORDS, INC. NEVADA
Date: February 10, 2011 By: /s/ Timothy J. Olphie
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Timothy J. Olphie
Chief Executive Officer,
Chief Financial Officer and Director
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