Attached files
| file | filename |
|---|---|
| S-1/A - HEALTHWAY SHOPPING NETWORK, INC. - Healthway Shopping Network | healthshops1a16030612.htm |
| EX-99.4 - Healthway Shopping Network | ex993.htm |
| EX-99.2 - Healthway Shopping Network | ex991.htm |
| EX-23.2 - Healthway Shopping Network | ex232.htm |
| EX-99.5 - Healthway Shopping Network | ex994.htm |
| EX-23.3 - Healthway Shopping Network | ex233.htm |
| EX-23.1 - Healthway Shopping Network | ex231.htm |
| EX-5.1 - Healthway Shopping Network | ex51.htm |
Exhibit 99.3
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders’ of
HealthWay Shopping Network
We have audited the accompanying balance sheet of HealthWay Shopping Network as of December 31, 2009 and the related statement of Operations, stockholders’ equity, and cash flows for the year then ended. HealthWay Shopping Network.’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audit. The cumulative statements of operations, stockholders’ equity, and cash flows for the period from January 11, 2008 (inception) to December 31, 2009 include amounts for the period from January 11, 2008 (inception) to December 31, 2008, which were audited by other auditors whose report has been furnished to us, and our opinion, insofar as it relates to the amounts included for the period January 11, 2008 through December 31, 2008 is based solely on the report of other auditors.
We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of HealthWay Shopping Network as of December 31, 2009, and the results of its operations and its cash flows for the year ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of America.
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 7 to the financial statements, the Company has suffered recurring losses from operations, net capital deficiencies, and negative cash flows from operations that raise substantial doubt about its ability to continue as a going concern. Management’s plan in regard to these matters are also described in Note 7. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
De Leon & Company, P.A.
Pembroke Pines, Florida
March 31, 2010