Current Report Filing (8-k)
April 11 2017 - 2:42PM
Edgar (US Regulatory)
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): April 11, 2017
Fortune
Valley Treasures, Inc.
(Exact
Name of Registrant as Specified in Charter)
Nevada
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333-200760
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32-0439333
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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19F,
Lianhe Tower, 1069 Nanhai Ave,
Nanshan
District, Shenzhen, 518000, China
(Address
of Principal Executive Offices) (Zip Code)
(86)
75586961406
Registrant’s
telephone number, including area code
Crypto-Services,
Inc.
(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))
Item
4.01
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Changes
in Registrant’s Certifying Accountant
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(a)
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Previous
independent registered public accounting firm
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(i)
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On
April 11, 2017 our company dismissed its independent registered public accounting firm, MaloneBailey, LLP.
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(ii)
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The
reports of MaloneBailey, LLP on the financial statements of our company for the fiscal years ended August 31, 2016 and 2015
did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope
or accounting principles, except that the reports contained an explanatory paragraph stating that there was substantial doubt
about the company’s ability to continue as a going concern.
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(iii)
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The
decision to change our independent registered public accounting firm was recommended and approved by our company’s board
of directors.
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(iv)
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During
our company’s most recent fiscal years and through April 11, 2017, the date of dismissal, (a) there were no disagreements
with MaloneBailey, LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope
or procedure, which disagreements, if not resolved to the satisfaction of MaloneBailey, LLP, would have caused it to make
reference thereto in its reports on the financial statements for such years and (b) there were no “reportable events”
as described in Item 304(a)(1)(v) of Regulation S-K.
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(v)
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On
April 11, 2017 our company provided MaloneBailey, LLP with a copy of this Current Report and has requested that it furnish
our company with a letter addressed to the U.S. Securities and Exchange Commission stating whether it agrees with the above
statements. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K.
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(b)
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New
independent
registered public accounting firm
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On
April 7, 2017, our board of directors approved the engagement of Anthony Kam & Associates Ltd. (“AKAM”) as
our new independent registered public accounting firm to audit and review our company’s financial statements. During
our two most recent fiscal years, the subsequent interim periods thereto, and through April 7, 2017, the engagement date of
AKAM, neither our company, nor someone on its behalf, has consulted AKAM regarding either:
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(i)
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The
application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion
that might be rendered on our company’s financial statements, and either a written report was provided to our company
or oral advice was provided that the new independent registered public accounting firm concluded was an important factor considered
by our company in reaching a decision as to the accounting, auditing or financial reporting issue; or
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(ii)
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Any
matter that was either the subject of a disagreement as defined in paragraph 304(a)(1)(iv) of Regulation S-K or a reportable
event as described in paragraph 304(a)(1)(v) of Regulation S-K.
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Item
9.01
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Financial
Statements and Exhibits
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16.1
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Letter
from MaloneBailey, LLP dated April 11, 2017
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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.
Dated:
April 11, 2017
Fortune
Valley Treasures, Inc.
/s/
Lin
Yumin
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Lin
Yumin
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President,
Secretary, Chief Executive Officer, Director
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