Attached files
| file | filename |
|---|---|
| EX-16 - LETTER DATED 12-09-2010 - TELVUE CORP | ex_16-1.htm |
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
December 7, 2010
Date of Report (Date of earliest event reported)
TelVue Corporation
(Exact name of registrant as specified in its charter)
Delaware | 0-17170 | 51-0299879 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
16000 Horizon Way, Suite 500
Mt. Laurel, New Jersey 08054
(Address of principal executive offices)
856-273-8888
(Registrant’s telephone number, including area code)
N/A
(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 CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT
On December 1, 2010, TelVue Corporation (the “Company”) was notified that the audit practice of Pressman Ciocca Smith LLP (“PCS”) an independent registered public accounting firm, was combined with ParenteBeard LLC (“ParenteBeard”) in a transaction pursuant to which PCS combined its operations with ParenteBeard and certain of the professional staff and partners of PCS joined ParenteBeard either as employees or partners of ParenteBeard (the “Merger”). On December 7, 2010, PCS notified the Company of the Merger and stated that going forward, all PCS audits will be performed by the surviving firm, ParenteBeard and that as a result, the client-auditor relationship between the Company and PCS has ceased. On December 8, 2010, with the approval of the Company’s Board of Directors, ParenteBeard was engaged as the Company’s independent registered public accounting firm.
Prior to engaging ParenteBeard, the Company did not consult with ParenteBeard regarding the application of accounting principles to a specific completed or contemplated transaction or regarding the type of audit opinions that might be rendered by ParenteBeard on the Company’s financial statements, and ParenteBeard did not provide any written or oral advice that was an important factor considered by the Company in reaching a decision as to any such accounting, auditing or financial reporting issue.
The report of independent registered public accounting firm of PCS regarding the Company’s financial statements for the fiscal years ended December 31, 2009 and 2008 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the years ended December 31, 2009 and 2008, and during the interim period from the end of the most recently completed fiscal year through December 7, 2010, the date of resignation, there were no disagreements with PCS 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 PCS would have caused it to make reference to such disagreement in its reports.
The Company provided PCS with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission and requested that PCS furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with above statements and, if it does not agree, the respects in which it does not agree. A copy of the letter, dated December 9, 2010, is filed as Exhibit 16.1 (which is incorporated by reference herein) to this Current Report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit No. | Description |
16.1 | Letter, dated December 9, 2010, from Pressman Ciocca Smith LLP to the U.S. Securities and Exchange Commission regarding change in certifying accountant. |
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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 hereunto duly authorized.
Date: December 9, 2010 | TelVue Corporation | |
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| By: | /s/ Jesse Lerman |
| Name: | Jesse Lerman |
| Title: | President and Chief Executive Officer |
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EXHIBIT INDEX
Exhibit No. | Description |
Letter, dated December 9, 2010, from Pressman Ciocca Smith LLP to the U.S. Securities and Exchange Commission regarding change in certifying accountant. |
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