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EX-16.1 - EXHIBIT 16.1 - CannLabs, Inc.v337863_ex16-1.htm

 

 

 

 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):

March 11, 2013

 

 

SpeedSport Branding, Inc., Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Nevada

(State of Other Jurisdiction of Incorporation)

 

 

333-155318 20-4168979
(Commission File Number) (IRS Employer Identification No.)

 

 

111 Sunrise Center Dr. Thomasville, NC 27360 27360
(Address of Principal Executive Offices) (Zip Code)

 

 

951) 656.1160

(Registrant's 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:

 

¨ 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 communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13c-4(c)

 

 
 

 

ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

 

On February 18 , 2013, the Registrant was informed by its independent registered public accounting firm, Ronald R. Chadwick, P.C., that they decline continuation due to partner limitation. Mr. Chadwick resigned due to reaching the 5 year limit as auditor as required by the auditor rotation requirements of the Sarbanes-Oxley Act.  The Board of Directors accepted his resignation on March 1, 2013 .  On March 1, 2013 the Board of Directors engaged Borges & Cutler CPAS PLLC of Arvada, Colorado as the Registrant’s new independent registered public accounting firm. 

 

The Board of Directors of the Registrant approved of the replacement of Ronald R. Chadwick P.C., and the engagement of Borges & Cutler CPAS PLLC as its independent auditor.

 

Neither the report of Ronald R Chadwick, P.C. on the financial statements of SpeedSport Branding, Inc. for the years ended December 31, 2010 and December 31, 2011, nor subsequent interim periods contained an adverse opinion or disclaimer of opinion, or was qualified or modified as to uncertainty, audit scope or accounting principles, except that the Registrant's audited financial statements contained in its Form 10-K for the year ended December 31, 2011 contained a going concern qualification in the registrant's audited financial statements. We have had no disagreements with Ronald R. Chadwick P.C., whether or not resolved, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Ronald R. Chadwick P.C's satisfaction would have caused it to make reference to the subject matter of the disagreement in connection with its report on our financial statements.

 

We have provided Ronald R. Chadwick P.C. with a copy of the foregoing disclosure, and have requested that it furnish us with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with such disclosure. We are including as an Exhibit to this Form 8-K, a copy of the letter from Ronald R. Chadwick P.C. as required by Item 304(a)(3) of Regulation S-K.

 

There were no disagreements or other “reportable events” as that term is described in Item Item 304(a)(1)(iv) and Item 304(a)(1)(v), respectively, of Regulation S-K, occurring within the registrant’s two most recent fiscal years and the subsequent interim periods through the date of dismissal

 

On March 1, 2013 the registrant engaged Borges & Cutler CPAS PLLC as its independent accountant. During the most recent fiscal year, since inception, and the interim periods preceding the engagement, the registrant has not consulted Borges & Cutler CPAS PLLC regarding any of the matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.

 

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 

The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.

      

 

      

  16.1  Letter from Ronald R. Chadwick P.C., dated  March 11, 2013, to the Securities and Exchange
           Commission regarding statements included in this Form 8-K

 

 

  

 

 

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.

 

 

 

                    SpeedSport Branding, Inc., Inc.

                    (Registrant)

 
Date: March 11, 2013    
  By:   /s/ Roy Montgomery  
          Roy Montgomery  
   

      Chief Executive Officer

      Chief Financial Officer