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EX-16.1 - EXHIBIT 16.1 - Full Throttle Indoor Kart Racing Corpex16x1.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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) August 22, 2011
 
Full Throttle Indoor Kart Racing, Inc.
(Exact name of registrant as specified in its charter)


Colorado
333-167799
27-1494794
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

4950 S. Yosemite Street, F2 #339, Greenwood Village, CO 80111
(Address of principal executive offices)   (Zip Code)
 
Registrant’s telephone number, including area code:   (303) 221-7223
 
 
 
(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:
 
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.

On August 22, 2011, our previous independent accountant, Cordavano & Honeck. (hereafter “C&H”), was dismissed.
 
The report of C&H regarding the Company’s financial statements for the fiscal years ended May 31, 2010 did not contain any adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that such report on our financial statements contained an explanatory paragraph in respect to uncertainty as to the Company's ability to continue as a going concern.
 
During the year ended May 31, 2010 and during the period from the end of the most recently completed fiscal quarter through to August 22, 2011, the date of dismissal, there were no disagreements with C&H on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of C&H would have caused it to make reference to the subject matter of the disagreements in connection with its report.
 
We provided C&H with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission, and requested that C&H furnish us with a letter addressed to the Commission stating whether it agrees with the statements made by us in this Current Report, and if not, stating the aspects with which it does not agree. Attached to this Current Report on Form 8-K is the letter provided by C&H.
 
Also on August 22, 2011, we engaged Borgers & Cutler CPAs, PC  independent registered accountants, as our independent accountant following the dismissal of C&H.  Prior to the engagement of Borgers & Cutler, the Company has not consulted with said firm regarding either:
 
(a) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report was provided to the Company nor oral advice was provided that Morrill concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or   
 
(b) any matter that was either the subject of a disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K), or a "reportable event" (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).  
 
Item 9.01. Financial Statements and Exhibits.

 
(d)
The following exhibits are filed with this report:
 
 
Exhibit
Number
Description
 
16.1
Letter from Cordovano and Honeck LLP


 
 

 
 
SIGNATURE
 
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.
 
Date:  August 24, 2011
FULL THROTTLE INDOOR KART RACING, INC
 
     
 
By:
/s/ RICHARD HERRERA                                                                  
   
RICHARD HERRERA
   
Chief Executive Officer