Current Report Filing (8-k)
29 März 2018 - 10:31PM
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 1934
Date
of Report (date of earliest event reported): March 23, 2018
Orient
Paper, Inc.
(Exact
name of registrant as specified in charter)
Nevada
(State
or other jurisdiction of incorporation)
001-34577
|
|
20-4158835
|
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
Science
Park, Juli Road
Xushui
District, Baoding City
Hebei
Province, People’s Republic of China 072550
(Address
of principal executive offices and zip code)
011-
(86) 312-8698215
(Registrant’s
telephone number including area code)
(Registrant’s
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 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(b) under the Exchange Act (17 CFR 240.14a-12(b))
☐
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 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 Accountants
On
March 23, 2018, Orient Paper, Inc. (the “Company”) dismissed its principal independent accountant, BDO China Shu Lun
Pan Certified Public Accountants LLP (“BDO”) from its engagement with the Company, which dismissal was effective immediately. The
decision to dismiss BDO as the Company’s principal independent accountant was approved by the Audit Committee of the Company
on March 23, 2018.
There
were no disagreements between the Company and BDO on any matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, within the Company’s two most recent fiscal years ended December 31, 2017 and subsequently
up to the date of dismissal which disagreements that, if not resolved to BDO’s satisfaction, would have caused BDO to make
reference to the subject matter of the disagreement in connection with its report issued in connection with the audit of the Company’s
financial statements.
None
of the reportable events described under Item 304(a)(1)(v)(A)-(D) of Regulation S-K occurred within the Company’s two most
recent fiscal years ended December 31, 2017 and subsequently up to the date of dismissal.
BDO’s
report on the Company's financial statements for each of the fiscal years ended December 31, 2016 and 2015 contained a modification
by BDO raising substantial doubt of the Company’s ability to continue as a going concern. This modification in BDO’s
report for each of the fiscal year 2016 and 2015 financial statements was based on the Company’s working capital deficit.
BDO’s reports did not contain any other adverse opinion or disclaimer of opinion and were not otherwise qualified or modified
as to uncertainty, audit scope or accounting principles.
The
Company provided BDO with a copy of this disclosure before its filing with the Securities and Exchange Commission (the “SEC”),
providing BDO with the opportunity to furnish the Company with a letter addressed to the SEC containing any new information, clarification
of the Company’s expression of its views, or the respect in which BDO does not agree with the statements contained herein. A
letter from BDO dated March 28, 2018 is attached hereto as Exhibit 16.1.
On
March 26, 2018, the Company engaged WWC, P.C. Certified Accountants ("WWC") to serve as its principal independent accountant,
effective immediately. The decision to engage WWC as the Company’s principal independent accountant was approved
by the Audit Committee of the Company on March 23, 2018.
During
the Company’s two most recent fiscal years, and any subsequent interim period prior to engaging WWC, the Company did not
consult with WWC regarding (i) the application of accounting principles to a specific completed or proposed transaction, or the
type of audit opinion that might be rendered on the Company’s consolidated financial statements and no written or oral advice
was provided by WWC that was an important factor considered by the Company in reaching a decision as to the accounting, auditing
or financial reporting issue or (ii) any matter that was either the subject of a disagreement or event as set forth in Item 304(a)(1)(iv)
or Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
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.
|
ORIENT
PAPER, INC.
|
|
|
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Dated:
March 29, 2018
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By:
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/s/
Zhenyong Liu
|
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Name:
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Zhenyong
Liu
|
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Title:
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Chief
Executive Officer
|
Exhibit
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