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
Date of Report (Date of Earliest Event Reported): November 25, 2011
Commission File Number 000-27795
DATAMILL MEDIA CORP.
(Exact name of registrant as specified in its charter)
Nevada 98-0427526
(State or Other Jurisdiction (I.R.S Employer
of Incorporation or Organization) Identification Number)
4700 Hiatus Road, Suite 252
Sunrise, Florida 33351
(Address of principal executive offices)
(954) 749-0484
(Registrant's telephone number, including area code)
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.
DISMISSAL OF SALBERG & COMPANY, P.A. AS THE REGISTRANT'S INDEPENDENT AUDITOR
Effective November 25, 2011, Datamill Media Corp. (the "Company") notified
its principal independent auditor, Salberg & Company, P.A. of Boca Raton,
Florida (the "Former Accountant") of its decision to change principal
independent auditors.
The Former Accountant's report on the Company's financial statements for
the fiscal years ended December 31, 2010 and 2009, did not contain an adverse
opinion or a disclaimer of opinion and was not qualified or modified as to
uncertainty, audit scope or accounting principles, except as follows:
The Former Accountant's report on the Company's financial statements for
the fiscal years ended December 31, 2010 and 2009 contained a separate paragraph
stating "The accompanying financial statements have been prepared assuming that
the Company will continue as a going concern. As discussed in Note 6 in the
accompanying financial statements, the Company had a net loss and net cash used
in operating activities of $67,747 and $51,316, respectively and had minimal
activity or operations in 2010 and had a deficit accumulated during development
stage of $1,137,293, a working capital deficit of $151,147 and stockholders'
deficit of $151,147 at December 31, 2010 and is a development stage company with
no revenues. These matters raise substantial doubt about the Company's ability
to continue as a going concern. Management's plan in regards to these matters is
also described in Note 6. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty."
During the Company's fiscal years ended December 31, 2010 and 2009, and the
nine month period ended September 30, 2011, and through November 25, 2011, which
preceded this change of independent auditors, there were no disagreements with
the Former Accountant on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure which
disagreement(s), if not resolved to the satisfaction of the Former Accountant,
would have caused the Former Accountant to make reference to the subject matter
thereof in its reports. During the Company's fiscal years ended December 31,
2010 and 2009, and the nine month period ended September 30, 2011, and through
November 25, 2011, there have been no reportable events (as defined in Item
304(a)(1)(v) of Regulation S-K of the SEC's rules and regulations).
The change in auditor was recommended and approved by the Company's Board
of Directors effective November 25, 2011.
The Company provided the Former Accountant with a copy of the disclosures
set forth in this Current Report on Form 8-K and requested that the Former
Accountant furnish the Company with a letter addressed to the U.S. Securities
and Exchange Commission stating whether it agrees with the statements made by
the Company herein. When we receive such letter from the Former Accountant, we
will file an amendment to this Form 8-K and attach such letter as an exhibit.
ENGAGEMENT OF HARRIS F. RATTRAY, CPA AS THE REGISTRANT'S INDEPENDENT AUDITOR
The Company has engaged Harris F. Rattray, CPA of Pembroke Pines, Florida
(the "New Accountant) to serve as the new independent registered public
accounting firm responsible for auditing the Company's financial statements for
the fiscal year ending December 31, 2011.
The change in auditor was recommended and approved by the Company's Board
of Directors effective November 25, 2011.
During the Company's fiscal years ended December 31, 2010 and 2009, and the
nine month period ended September 30, 2011, and through November 25, 2011,
neither the Company nor anyone on behalf of the Company consulted the New
Accountant regarding (1) the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that
2
might be rendered on the Company's consolidated financial statements, and the
New Accountant did not provide either a written report or oral advice to the
Company that was an important factor considered by the Company in reaching a
decision as to any accounting, auditing, or financial reporting issue, (2) any
matter that was either the subject of a disagreement with the Former Accountant
on accounting principles or practices, financial statement disclosure or
auditing scope or procedures, which, if not resolved to the satisfaction of the
Former Accountant, would have caused the Former Accountant to make reference to
the matter in their report, or a "reportable event" as described in Item
304(a)(1)(v) of Regulation S-K of the SEC's rules and regulations.
The Company decided to change its independent registered public accounting
firm in order to garner expected cost savings due to the New Accountant's
familiarity with the business of Young Aviation, LLC.
On September 2, 2011, the Company entered into a Share Exchange Agreement
with Young Aviation, LLC, a Florida limited liability company ("Young Aviation")
located in Sunrise, Florida. On October 3, 2011, the Company acquired 100% of
the member's interests of Young Aviation, pursuant to the Share Exchange
Agreement. The acquisition of Young Aviation, considered a reverse merger,
resulted in a change in control at the Company and new management decided to
abandon the former business and focus solely on the business of Young Aviation.
The New Accountant issued a report on Young Aviation's financial statements
for the fiscal years ended December 31, 2010 and 2009, dated September 30, 2011,
and completed a review of the interim period for the six months ended June 30,
2011, dated September 30, 2011, for the Board of Directors of Young Aviation.
The New Accountant's report for the fiscal years ended December 31, 2010 and
2009 and six month review of Young Aviation were included in the Company's Form
8-K filed with the SEC on October 4, 2011. In addition, the New Accountant
completed a review of the interim period for the nine months ended September 30,
2011, dated November 22, 2011, for the Board of Directors of Young Aviation. The
New Accountant's report for the fiscal years ended December 31, 2010 and 2009
and nine month review of Young Aviation were included in the Company's Amendment
No. 1 to Form 8-K filed with the SEC on November 25, 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 thereunto authorized.
Date: November 25, 2011 DATAMILL MEDIA CORP.
By: /s/ Joel A. Young
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Joel A. Young
President and Chief Executive Officer
