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): February 14, 2019

 

VELT INTERNATIONAL GROUP INC.

(Exact name of registrant as specified in its charter)

 

Nevada   000-56020   27-5159463

(State or other jurisdiction of

incorporation or organization)

 

Commission

file number

 

(IRS Employer

Identification No.)

 

273 E. Hillcrest Drive

Thousand Oaks, CA 91360
(323) 713-3244

(Address, including zip code, and telephone number, including area code, 
of registrant’s principal executive offices)

 


(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 1 4a-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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

ITEM 4.01 CHANGES IN REGISTRANT’ S CERTIFYING ACCOUNTANT

 

(a) On February 14, 2019, the board of directors of Velt International Group Inc. (the “Company”) accepted the resignation as the Company’s independent registered public accounting firm, Simon & Edward, LLP, Diamond Bar, California (“S&E”), effective as of February 14, 2019.

 

The reports of S&E on the Company’s financial statements for the two years ended September 30, 2018 and 2017 did not contain an adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, with the exception of providing a qualification as to the Company’s ability to continue as a going concern. During the year ended September 30, 2018 and in the subsequent period through February 14, 2019, there were no disagreements with S&E on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which if not resolved to the satisfaction of S&E, would have caused S&E to make reference to the matter in its reports on the Company’s financial statements for such periods.

 

The Company provided S&E with a copy of the disclosures in the preceding paragraph and requested that S&E furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. S&E provided a letter, dated February 15, 2019 stating its agreement with such statements, which is included as exhibit 16.1 to this Current Report on Form 8-K.

 

(b) On February 15, 2019, the Company, based on the decision of its board of directors, approved the engagement of Total Asia Associates PLT, Kuala Lumpur (“Total”) to serve as the Company’s independent registered public accounting firm, commencing February 15, 2019

 

During the fiscal year ended September 30, 2018 and through the date of the board of directors’ decision, the Company did not consult Total with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, or any other matter or reportable events listed in Items 304(a)(2)(i) and (ii) of Regulation S-K.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits.

 

Exhibit
Number 		  Description
     
16.1   Letter from Simon & Edward, LLP dated February 15, 2019.

 

1

 

 

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, thereunto duly authorized.

 

  VELT INTERNATIONAL GROUP INC.
     
Dated: February 15, 2019 By: /s/ Ali Kasa
    Ali Kasa
    President

 

2