Current Report Filing (8-k)

Date : 11/14/2019 @ 10:19PM
Source : Edgar (US Regulatory)
Stock : Group, Inc. (RCRT)
Quote : 1.47  0.0 (0.00%) @ 8:59PM

Current Report Filing (8-k)





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 8, 2019



(Exact name of registrant as specified in its charter)


Delaware   000-53641   26-3090646

(State or other Jurisdiction

of Incorporation)

  (Commission File Number)   (IRS Employer
Identification No.)



100 Waugh Dr. Suite 300, Houston, Texas




(Address of principal executive offices)   (Zip Code)


Registrant’s telephone number, including area code: (855)-931-1500



(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 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 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 checkmark 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. ☐


Securities registered pursuant to Section 12(b) of the Act: None






 Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.


On November 8, 2019, management of Group, Inc. (the “Company”) upon discussion with the Company’s independent registered public accounting firm concluded, that the consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2019 should no longer be relied upon as a result of an error in accounting for certain revenue on a net basis rather than a gross basis and that the Company should restate its consolidated financial results for the three and six months ended June 30, 2019. The Audit Committee of the Company approved management’s decision. The Company will amend its Form 10-Q for the three months ended June 30, 2019 to include the restated consolidated financial statements and related disclosures.







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.



Dated: November 14, 2019 RECRUITER.COM GROUP, INC.
  By: /s/ Miles Jennings
    Miles Jennings
    Chief Executive Officer 
(Principal Executive Officer)

 Group, Inc. (USOTC:RCRT)
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