-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KokIFrE+84FRbXiXcUjJLsZxmtzuds1tjnDEi/xGSHDi5U0XjwpRwJcg7uXkUHUP nZG9vE1Sv6PsJK6FG6e+fw== 0001144204-07-006253.txt : 20070209 0001144204-07-006253.hdr.sgml : 20070209 20070209154510 ACCESSION NUMBER: 0001144204-07-006253 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070207 ITEM INFORMATION: Changes in Registrant.s Certifying Accountant ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070209 DATE AS OF CHANGE: 20070209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Petals Decorative Accents, Inc. CENTRAL INDEX KEY: 0000789097 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 841016435 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24641 FILM NUMBER: 07597780 BUSINESS ADDRESS: STREET 1: EXECUTIVE PAVILION STREET 2: 90 GROVE STREET CITY: RIDGEFIELD STATE: CT ZIP: 06877 BUSINESS PHONE: 8013993632 MAIL ADDRESS: STREET 1: EXECUTIVE PAVILION STREET 2: 90 GROVE STREET CITY: RIDGEFIELD STATE: CT ZIP: 06877 FORMER COMPANY: FORMER CONFORMED NAME: IMMUNOTECHNOLOGY CORP DATE OF NAME CHANGE: 19980630 FORMER COMPANY: FORMER CONFORMED NAME: IMMUNOTECHNOLOGY LABORATORIES INC DATE OF NAME CHANGE: 19900503 FORMER COMPANY: FORMER CONFORMED NAME: LJC CORP DATE OF NAME CHANGE: 19891025 8-K 1 v064927_8k.htm
 
Washington, DC 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 7, 2007
 
PETALS DECORATIVE ACCENTS, INC.
 
 
 Delaware
0-24641
84-1016435
 (State or other jurisdiction
 (Commission File Number)
 (I.R.S. Employer
of incorporation)
 
 Identification No.)
 
 Executive Pavilion, 90 Grove street, Ridgefield, CT
  06877
 (Address of principal executive offices)
 (Zip Code)
 
 
 Registrant’s telephone number, including area code:
 (203) 431 3300
 
 
 
N/A
(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 (see General Instruction A.2. below):
 
 
[ ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ]   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
 
[ ]   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))
 
 
 
 


ITEM 4.01 CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTS
 
1.  Previous Independent Registered Public Accounting Firm.
 
A.  On February 7, 2007, Petals Decorative Accents, Inc (“Registrant’) dismissed its independent registered public accounting firm, Most & Company, LLP (“Mostco”)
 
B.  The reports of Mostco on the financial statements of the Registrant for the three months ended September 30, 2006 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles other than going concern.
 
C.  The decision to change independent registered public accounting firms was approved by the members of the Board of Directors of the Registrant.
 
D.  During the Registrant’s two most recent fiscal years and the subsequent interim periods through February 7, 2007, there were no disagreements with Mostco on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Mostco, would have caused it to make reference thereto in its reports on the financial statements for such years.
 
E.  The Registrant provided Mostco with a copy of this Current Report and has requested that it furnish the Registrant with a letter addressed to the Securities & Exchange Commission stating whether it agrees with the above statements. A copy of such letter will filed as Exhibit 16.1 in an amendment to this Current Report on Form 8-K.
 
2.  New Independent Registered Public Accounting Firm.
 
The Registrant has engaged Li & Company, PC as its new independent certified public accounting firm to audit the Registrant’s financial statements effective February 7, 2007. Prior to such engagement, the Registrant did not consult such firm on any of the matters referenced in Regulation S-B Item 304(a)(2).

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On January 31, 2007, Antonio Yenidjeian tendered his resignation as Chief Operating Officer of the Registrant. To the knowledge of the Company’s executive officers, Mr. Yenidjeian’s resignation was not due to any disagreement with the Company’s operations, policies or practices.

The Board of Directors of the Company has not yet chosen a permanent replacement for Mr. Yenidjeian or determined who will act as interim principal operating officer while the Board of Directors conducts a search for a permanent replacement for Mr. Yenidjeian.
 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
 
(a) Financial Statements of Businesses Acquired: None
(b) Pro-Forma Financial Statements: None
(c) Exhibits: None
 

 
 
 
SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
PETALS DECORATIVE ACCENTS, INC.
(Registrant)
 
 
 
 
 
 
Date: February 8, 2007
By:  
/s/ Christopher Topping                           
 
Christopher Topping 
 
Chief Executive Officer

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