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EX-16.1 - SavDen Group Corp.svd16.htm



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):  February 9, 2016

SavDen Group Corp.
(Exact name of registrant as specified in its charter)


Nevada

333-205121

61-1748334

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)


Griegstrasse, 9 – Nesonova, Stuttgart, Germany 70195

70195

(Address of principal executive offices)

(Zip Code)


Registrant’s telephone number, including area code:  +44 20 8133 4952



___________________________________________________

(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 (17CFR 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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SECTION 4- MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS


Item 4.01 Changes in Registrant’s Certifying Accountant.


On November 30, 2015, Hillary CPA Group, LLC (the “Former Accountant”) filed an application to deregister from the PCAOB. As a result of the transaction, on February 9, 2016, the Company terminate its agreement with Hillary CPA Group, LLC and engaged with Gillespie & Associates, PLLC (the “New Accountant”) as the Company’s independent registered public accounting firm. The engagement of the New Accountant was approved by the Company’s Board of Directors.


The Former Accountant’s audit report on the financial statements of the Company for the period from October 2, 2014 (inception) through May 31, 2015 contained no adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles, except that the audit report on the financial statements of the Company for the period from October 2, 2014 (inception) through May 31, 2015 contained an uncertainty about the Company’s ability to continue as a going concern.


During the period from October 2, 2014 (inception) through May 31, 2015, and through the interim periods ended February 9, 2016, there were no “disagreements” (as such term is defined in Item 304 of Regulation S-K) with the Former Accountant 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 the Former Accountant would have caused them to make reference thereto in their reports on the financial statements for such periods.


During the period from October 2, 2014 (inception) through May 31, 2015, and through the interim period ended February 9, 2016, there were no “reportable events” (as such term is defined in Item 304 of Regulation S-K).


Prior to retaining the New Accountant, the Company did not consult with the New Accountant regarding either: (i) the application of accounting principles to a specified transaction, either contemplated or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements; or (ii) any matter that was the subject of a “disagreement” or a “reportable event” (as those terms are defined in Item 304 of Regulation S-K).


On February 9, 2016, the Company provided the Former Accountant with its disclosures in the Current Report on Form 8-K and requested in writing that the Former Accountant furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. The Former Accountant’s response is filed as an exhibit to this Current Report on Form 8-K.


SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS


Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.

Description

16.1

Letter from Hillary CPA Group, LLC to the Securities and Exchange Commission








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.


SavDen Group Corp.


             

/S/ Denis Savinskii

Denis Savinskii
Chief Executive Officer


Date: February 10, 2016