SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 13, 2012
HPC POS SYSTEM, CORP.
c/o House of Mohan Corporation
6605 13th Place, N.W., 20012
Washington, D.C. (Zip Code)
(Address of principal
(Registrants telephone number, including area code)
NEVADA 333-149188 26-0857573
(State or other (Commission (IRS Employer.
jurisdiction File No.) Identification
(Former name or former address, if changes 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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange
Act (17 CFR 240.14a-12(b))
[ ] 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))
Section 8 Other Events Item type 4.02 filing.
HPC is filing an 8-K filed on November 12, 2012 as required following
the filing of an 8-K to the independent accountants letter in response
to HPC POS System, Corp. (HPC) 8-K filed on October 19, 2012, as
an Item 4.02 with the following items, upon receipt of an Exhibit
16 letter from the former accountants to ensure that information is
properly addressed in the 8-K with respect to an independent letter.
1. The date on which HPC was so advised or notified: was
November 8 2012; with an Exhibit 16 letter from
the former accountant which does not provide any notation
on any reporting periods being unreliable nor not accurate
other than stating which would lead to misrepresentation
of financial information on the previous financial statement.
2. HPC is identifying the financial statements that no longer
should be relied upon: for the periods in question are the
10-K filing for the first quarter ending on December 31
2011 and the second quarter ending on March 30 2012.
The June 30 2012 filing was not filed based on Mr.
Melvin W. Coles request to make the appropriate
adjustment reflecting the changes for the previous periods
3. In response to information provided by the independent
accountant of whether the audit committee or the board
of directors in the absence of an audit committee or
authorized officer or officers discussed with
the independent accountant the matters disclosed in the
filing pursuant to this Item 4.02(b).
Our Answer: We had no detail discussions with the
Independent accountant on the matters of disclosure
pursuant to the Item 4.02(b) filing other than stated in our
8-K filed on November 12 2012 in response the
Accountant Letter as Exhibit 16.
We believe that HPC management was proactive in its attempts
to get PMB involved in assisting in the effort to present
more accurate accountability of financial transactions in the June
30 2012 10-Q reporting requirements. To conclude the financial
reports do not reflect conditions in the opinion by HPCs
management that creates an atmosphere whereby an investor(s)
will face an adverse material impact from their decisions to
make sound judgments by using previous financial data.
That in our opinion the required adjustments are not uncommon
in financial reporting whereas HPC should be allowed to at
least have the opportunity to make the necessary adjustments
without punitive treatment outside of being late in our filing to
submit the June 30 2012 filing and be restored as fully reporting.
This would establish a healthy environment to allow time for a
new appointed independent accountant to focus on reviewing
subsequent data and to produce audited year-end financials
and for the managements disclosure information to be reviewed
also by an independent SEC approved lawyer appointed by HPC
to meet the 10-K filing on or before the December 29 2012 deadline.
Notably PBM could have made an adjustment on the June 30
2012 reports by reassigning specific transactions as required
and thus participating in providing a clear and concise explanation
by notes rewriting the comments in item sections reflecting the
changes plus showing the changes on the balance sheet that
represents a $33000.00 adjustment (which should have
occurred in the December 31 2011 first quarter 10-Q).
We are prepared to file the necessary unaudited financial
statements and management disclosure information as the
June 30 2012 - 10-K which reflects the changes as
aforementioned for the period ending for June 30 2012 in
order to establish HPCs status as a fully reporting company
that is in compliance with regulatory and reporting
requirements of the Securities Exchange Act of 1934 as amended
(Exchange Act) and Securities Act of 1933 as amended
HPC is engaged in negotiations with a new independent
accountant which we believe will be appointed within the next
10 business days to provide the resources to submit a 10-K in
order to maintain HPCs current reporting status and support the
delivery of the audited financial statements as required for the
year-end fourth quarter reports due on or before
December 29 2012 as required.
Item 9.01 Financial Statements and Exhibits.
Pursuant to the requirements of the Securities and Exchange
Act of 1934 Registrant has duly caused this report to be signed
on its behalf of the undersigned hereunto duly authorized.
November 13 2012
HPC POS SYSTEM CORP.
/s/ Melvin W. Coles
By: MELVIN W. COLES PRESIDEN