SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 8-K


Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act


October 26, 2015

Date of Report (Date of Earliest Event Reported)


EF Hutton America, Inc.

 (Exact name of registrant as specified in its charter)



Colorado

 

000-55175

 

20-8594615

(State or other jurisdiction of incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer Identification Number)


77 Water Street, 7th Floor

New York, NY

 

10005

(Address of principal executive offices)

 

(Zip Code)


(212) 742-5000

 (Registrant's telephone number, including area code)


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))




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Item 4.02 – Non-Reliance on Previously Issued Financial Statements


On September 21, 2015, the Company filed an amendment to their Form 10-K for the year ended December 31, 2014.  Note 6 to the consolidated financial statements contained a valuation for the Company’s intangible assets that was based on the stock price at the time of purchase.  On October 26, 2015, the Company determined that this valuation was calculated incorrectly and as a result, the financial statements presented in the Form 10-K amendment for the year ended December 31, 2014 should not be relied upon.  The Company has discussed this matter with Michael F. Albanese, CPA, its independent registered public accounting firm, and is moving forward with correcting these financial statements so that they accurately disclose our financial position.



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.


EF Hutton America, Inc.


By:      /s/ Christopher Daniels

Dated:

October 27, 2015

Christopher Daniels

Chief Executive Officer




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