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CHANGES
IN REGISTRANT’S CERTIFYING
ACCOUNTANT.
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Effective
November 1, 2007, the client auditor relationship between Pediatric Prosthetics,
Inc. (the "Company") and Malone & Bailey, PC, Certified Public Accountants
("Malone") was terminated as Malone & Bailey, PC was dismissed by the
Company. Effective November 1, 2007, the Company engaged
GBH
CPAs,
PC, Certified Public Accountants ("GBH") as its principal independent public
accountant for the fiscal year ended June 30, 2008. The decision to change
accountants was recommended, approved and ratified by the Company's Board of
Directors effective November 1, 2007.
Malone's
report on the financial statements of the Company for the fiscal years ended
June 30, 2006 and June 30, 2007, and any later interim period, including the
interim period up to and including the date the relationship with Malone ceased,
did not contain any adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope or accounting principles
except for concerns about the Company's ability to continue as a going
concern.
In
connection with the audit of the Company's fiscal years ended June 30, 2006
and
June 30, 2007, and any later interim period, including the interim period up
to
and including the date the relationship with Malone ceased, there were no
disagreements between Malone and the Company on a matter of accounting
principles or practices, financial statement disclosure, or auditing scope
or
procedure, which disagreement, if not resolved to the satisfaction of Malone
would have caused Malone to make reference to the subject matter of the
disagreement in connection with its report on the Company's financial
statements.
There
have been no reportable events as provided in Item 304(a)(iv) of Regulation
S-B
during the Company's fiscal years ended June 30, 2006 and June 30, 2007, and
any
later interim period, including the interim period up to and including the
date
the relationship with Malone ceased.
The
Company has authorized Malone to respond fully to any inquiries of any new
auditors hired by the Company relating to their engagement as the Company's
independent accountant. The Company has requested that Malone review the
disclosure and Malone has been given an opportunity to furnish the Company
with
a letter addressed to the Commission containing any new information,
clarification of the Company's expression of its views, or the respect in which
it does not agree with the statements made by the Company herein. Such letter
is
filed as an exhibit to this Report.
The
Company has not previously consulted with GBH regarding either (i) the
application of accounting principles to a specific completed or contemplated
transaction; (ii) the type of audit opinion that might be rendered on the
Company's financial statements; or (iii) a reportable event (as provided in
Item
304(a)(iv)(B) of Regulation S-B) during the Company's fiscal years ended June
30, 2006 and June 30, 2007, and any later interim period, including the interim
period up to and including the date the relationship with Malone ceased. GBH
has
reviewed the disclosure required by Item 304 (a) before it was filed with the
Commission and has been provided an opportunity to furnish the Company with
a
letter addressed to the Commission containing any new information, clarification
of the Company's expression of its views, or the respects in which it does
not
agree with the statements made by the Company in response to Item 304 (a).
GBH
did not furnish a letter to the Commission.