- Current report filing (8-K)
08 April 2009 - 10:12PM
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 6, 2009
Averox Inc.
(Exact name of registrant as specified in its charter)
Nevada 000-28867 88-0407936
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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House No. 381, Street No. 13 , Sector F-10/2, Islamabad, Pakistan
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code +92 (0) 51 211 0755
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 240.13a-4(c))
ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Morgenstern, Svoboda & Baer, CPA's ("Morgenstern"), the independent
accountant who was engaged as the principal accountant to audit Averox Inc.'s
("Registrant") financial statements, resigned effective April 6, 2009.
Except as noted in the paragraph immediately below, the reports of Morgenstern
for the fiscal years ended December 31, 2008 and 2007 did not contain any
adverse opinion or disclaimer of opinion and such reports were not modified as
to any uncertainty, audit scope or accounting principle.
The reports of Morgenstern on the Registrant's financial statements for the
quarters ended September 30, 2008 and December 31, 2008 contained an explanatory
paragraph which noted that there was substantial doubt as to the Registrant's
ability to continue as a going concern because it has sustained net losses since
inception, has negative working capital and does not generate sufficient cash to
cover its operating costs.
During the fiscal years ended December 31, 2008 and 2007, and any subsequent
interim period preceding the resignation of Morgenstern, there were no
disagreements with Morgenstern on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures which
disagreements, if not resolved to the satisfaction of Morgenstern, would have
caused it to make reference to the subject matter of the disagreement in
connection with its report.
During the fiscal years ended December 31, 2008 and 2007, and any subsequent
interim period preceding its resignation, Morgenstern did not advise the
Registrant of any reportable events listed in Item 304(a)(1)(v)(A) through (D)
of Regulation S-K.
The Registrant has provided Morgenstern with a copy of the disclosures it is
making in response to this Item 4.01. The Registrant requested Morgenstern to
furnish the Registrant with a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the statements made by the Registrant
in response to this Item 4.01 and, if not, stating the respects in which it does
not agree. Such letter is filed as Exhibit 16.2 to this Current Report.
(b) On April 8, 2009, the Registrant's Board of Directors approved the
engagement of Kabani & Company, Inc. ("Kabani") as the Registrant's independent
registered public accounting firm for its third quarter ended March 31, 2009 and
the fiscal year ending June 30, 2009.
During the two most recent fiscal years and through April 7, 2009, neither the
Registrant nor anyone on its behalf has consulted Kabani with respect to either
(i) 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 Registrant's financial statements, and neither a written report nor oral
advice was provided to the Registrant that Kabani concluded was an important
factor considered by the Registrant in reaching a decision as to any accounting,
auditing or financial reporting issue; or (ii) any matter that was either the
subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K
and the related instructions to Item 304 of Regulation S-K) or a reportable
event (as defined in Item 304(a)(1)(v) of Regulation S-K).
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit No. Description
16.1 Letter, dated April 6, 2009, from Morgenstern, Svoboda & Baer,
CPA's resigning as Averox Inc.'s accountants
16.2 Letter, dated April 7, 2009 from Morgenstern, Svoboda & Baer,
CPA's to the Securities and Exchange Commission regarding
change in certifying accountant of Averox Inc.
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AVEROX INC.
Date: April 8, 2009 By: /s/ Salman Mahmood
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Name: Salman Mahmood
Title: Chairman of the Board and
Chief Executive Officer,
(Principal Executive Officer)
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