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 13, 2012
PERNIX GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware | 333-92445 | 36-4025775 | ||
(State or Other Jurisdiction | (Commission File Number) | (I.R.S. Employer |
151 E. 22nd Street | ||
Lombard, Il. | 60148 | |
(Address of Principal Executive Offices) | (Zip Code) |
(630) 620-4787
(Registrants telephone number, including area code)
(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 (see General Instruction A.2. below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 4.01 Changes in Registrants Certifying Accountant.
Pernix Group, Inc. (the Company) was informed by Reznick Group, P.C. (Reznick Group), the Companys independent registered public accounting firm, that it has entered into a business combination with J. H. Cohn, LLP (J.H. Cohn). In connection with the business combination J.H. Cohn legally changed its name to CohnReznick LLP (CohnReznick) and continues to be registered with the PCAOB. On November 13, 2012 Reznick Group resigned as the Companys independent registered public accounting firm. The Audit Committee of the Companys Board of Directors has appointed CohnReznick as the Companys independent registered public accounting firm effective November 13, 2012.
Reznick Groups reports on the Companys financial statements for the fiscal years ended December 31, 2011 and 2010 and through the subsequent interim period November 13, 2012 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the two fiscal years ended December 31, 2011 and 2010, and the subsequent interim period through November 13, 2012, there were (i) no disagreements (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Reznick Group on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the satisfaction of Reznick Group would have caused Reznick Group to make reference thereto in its reports on the Companys financial statements for such years, and (ii) no reportable events (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
During the two fiscal years ended December 31, 2011 and 2010 and the subsequent interim period through November 13, 2012 neither the Company, nor anyone on its behalf, consulted CohnReznick (formerly J.H. Cohn) regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the financial statements of the Company, and no written report or oral advice was provided to the Company by CohnReznick (formerly J.H. Cohn) that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
The Company provided Reznick Group with a copy of this Form 8-K and requested that Reznick Group provide the Company with a letter addressed to the Securities and Exchange Commission stating whether or not Reznick Group agrees with the above disclosures. A copy of the Reznick Groups letter, dated November 13, 2012, is attached as Exhibit 16.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) The following exhibits are filed with this report:
Exhibit No. Description
16.1 Letter to the Securities and Exchange Commission from Reznick Group, P.C., dated November 13, 2012.
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.
| 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 hereunto duly authorized.
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By: | /s/ Nidal Zayed | |||
Nidal Zayed | ||||
President and Chief Executive Officer | ||||
By: | /s/ Gregg D. Pollack | |||
Gregg D. Pollack | ||||
Vice President Administration and Chief Financial Officer | ||||
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By: | /s/ Carol J. Groeber | |||
Carol J. Groeber | ||||
Corporate Controller & Principal Accounting Officer | ||||
November 15, 2012
Exhibit 16.1
November 13, 2012
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We have reviewed the disclosures concerning Reznick Group, P.C. made by Pernix Group, Inc., in Item 4.01 of its Form 8-K, which we understand will be filed with the Securities and Exchange Commission on the date hereof, and are in agreement with the statements contained therein.
Very truly yours,
/s/ Reznick Group, P.C.