(a) On September 9, 2013, the Board of Directors of the Company accepted the resignation of Madsen & Associates, CPA's Inc., its independent registered public accounting firm. On the same date, September 9, 2013, the accounting firm of Sadler, Gibb & Associates, LLC was engaged as the Company's new independent registered public accounting firm, to audit the Company's financial statements for its fiscal year ending August 31, 2013. From the date that Madsen & Associates, CPA's Inc. were engaged, November 5, 2010, to the present time, or any other period of time, the reports of Madsen & Associates, CPA's Inc. on the Company's financial statements did not contain an adverse opinion or disclaimer of opinion, or were qualified or modified as to uncertainty, audit scope or accounting principles, except that the reports of Madsen & Associates, CPA's Inc. as to the Company's financial statements for its fiscal years ended August 31, 2010, 2011 and 2012, were modified for uncertainty due to the substantial doubt about the Company's ability to continue as a going concern.
During the Company's two most recent fiscal years and the subsequent interim periods thereto, there were no disagreements with Madsen & Associates, CPA's Inc., whether or not resolved, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the satisfaction of Madsen & Associates, CPA's Inc., would have caused it to make reference to the subject matter of the disagreement in connection with its report on the Company's financial statements.
The Company has requested that Madsen & Associates, CPA's Inc. furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. The letter is attached as an exhibit to this Form 8-K.
b) On September 9, 2013, the Company engaged Sadler, Gibb & Associates, LLC as its independent registered public accounting firm. During the two most recent fiscal years and the interim periods preceding the engagement, the Company has not consulted Sadler, Gibb & Associates, LLC regarding any of the matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.
See exhibit index.
Lyynks Inc. |
By: | /s/ Robert Rosner |
Name: Robert Rosner | |
Title: President and Chief Executive Officer |
Exhibit No.
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Description
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EX-16.1
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Letter on change in certifying accountant from Madsen & Associates, CPA's Inc.
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EXHIBIT 16
LETTER ON CHANGE IN CERTIFYING ACCOUNTANT FROM MADSEN & ASSOCIATES, CPA’S INC.
September 10, 2013
Securities and Exchange Commission
Washington, D.C. 20549
Dear Sirs:
We have read Item 4.01 of the Form 8-K dated September 10, 2013, of Lyynks Inc. and are in agreement with the statements contained in the first and second paragraphs of Item 4.01 on page 2 therein. We have no basis to agree or disagree with the other statements of the Company contained therein.
We hereby confirm that there were no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K) that occurred within the two most recent fiscal years of Lyynks Inc.
Sincerely,
By: /s/ Madsen & Associates, CPA’s Inc.
Madsen & Associates, CPA’s Inc.
cc: Lyynks Inc.