0001144204-11-068591.txt : 20111206 0001144204-11-068591.hdr.sgml : 20111206 20111206170038 ACCESSION NUMBER: 0001144204-11-068591 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111205 ITEM INFORMATION: Changes in Registrant's Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111206 DATE AS OF CHANGE: 20111206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WebXU, Inc. CENTRAL INDEX KEY: 0001416729 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53095 FILM NUMBER: 111246304 BUSINESS ADDRESS: STREET 1: 3435 OCEAN PARK BLVD., SUITE 107-282 CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 310-807-1765 MAIL ADDRESS: STREET 1: 3435 OCEAN PARK BLVD., SUITE 107-282 CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: CST HOLDING CORP. DATE OF NAME CHANGE: 20100317 FORMER COMPANY: FORMER CONFORMED NAME: CST Holding Corp. DATE OF NAME CHANGE: 20100125 FORMER COMPANY: FORMER CONFORMED NAME: WhistlePig Enterprises, Inc. DATE OF NAME CHANGE: 20100125 8-K 1 v242523_8k.htm CURRENT REPORT ON FORM 8-K Unassociated Document
 
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
 
Date of report (Date of earliest event reported): December 6, 2011 (December 5, 2011)
 
WebXU, Inc.
(Exact name of registrant as specified in Charter)
 
Delaware
 
000-53095
 
26-0460511
(State or other jurisdiction of incorporation)
 
(Commission File No.)
 
(IRS Employer Identification No.)
 
11999 San Vicente Blvd., Suite 400
Los Angeles, CA 90049
(Address of Principal Executive Offices)

(310) 807-1765
(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:
 
o        Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o        Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o        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 5, 2011, the registrant dismissed Seale and Beers, CPAs (“Seale and Beers”) as our independent auditors.  This action was approved by our Board of Directors.

The report of Seale and Beers on our financial statements as of December 31, 2010 and for the period July 16, 2010 (inception) to December 31, 2010 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles.

In connection with the audit of our financial statements for the period July 16, 2010 (inception) to December 31, 2010 and through the date of this Form 8-K, there were: (i) no disagreements between the Company and Seale and Beers on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Seale and Beers, would have caused Seale and Beers to make reference to the subject matter of the disagreement in its report on our financial statements for such period, and (ii) no reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.

On December 5, 2011, we engaged L.L. Bradford and Company (“L.L. Bradford”) as our independent registered accounting firm.  Since our inception on July 16, 2010 and through the date of this Form 8-K, we did not consult with L.L. Bradford on (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be rendered on the registrant’s financial statements, and L.L. Bradford did not provide either a written report or oral advice to the registrant that was an important factor considered by the registrant in reaching a decision as to any accounting, auditing, or financial reporting issue; or (ii) the subject of any disagreement, as defined in Item 304 (a)(1)(iv) of Regulation S-K and the related instructions, or a reportable event within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.

We provided Seale and Beers a copy of the disclosures contained herein and requested that Seale and Beers furnish us with a letter addressed to the Securities and Exchange Commission stating whether or not Seale and Beers agrees with our statements in this Item 4.01.  A copy of the letter dated December 5, 2011, furnished by Seale and Beers in response to that request, is filed as Exhibit 16.1 to this Current Report.
 
Item 9.01  Financial Statements and Exhibits.
 
(d) 
Exhibits

 
Exhibit No.
Exhibit Description
                       
 
16.1
Letter from Seale and Beers, CPAs to the U.S. Securities and Exchange Commission, dated December 5, 2011
 
 
 

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
WebXU, Inc.
 
     
       
Date: December 6, 2011
By:
/s/ Matt Hill  
   
Matt Hill
 
   
Chief Executive Officer
 
       
 
 
 

 
 
EX-16.1 2 v242523_ex16-1.htm LETTER FROM CPAS Unassociated Document

SEALE and BEERS, CPAs
PCAOB & CPAB REGISTERED AUDITORS
www.sealebeers.com


December 5, 2011

Office of the Chief Accountant
Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549

 
Dear Sir/Madam:
 
We have read the statements included under Item 4.01 in the Form 8-K dated December 5, 2011 of WebXU, Inc. (the “Company”) to be filed with the Securities and Exchange Commission and we agree with such statements insofar as they relate to our dismissal. We cannot confirm or deny that the appointment of L.L. Bradford and Company was approved by the Board of Directors, or that they were not consulted prior to their appointment as auditors.

 
Very truly yours,
 

/s/ Seale and Beers, CPAs
Seale and Beers, CPAs
Las Vegas, Nevada



 
Seale and Beers, CPAs   PCAOB & CPAB Registered Auditors
50 S. Jones Blvd, Ste 202, Las Vegas, NV  89107 (888)727-8251 Fax: (888)782-2351