0001137892-01-500116.txt : 20011029 0001137892-01-500116.hdr.sgml : 20011029 ACCESSION NUMBER: 0001137892-01-500116 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010808 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 20011024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FARADAY FINANCIAL INC CENTRAL INDEX KEY: 0000910639 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 330565710 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-22236 FILM NUMBER: 1764930 BUSINESS ADDRESS: STREET 1: 175 SOUTH MAIN STREET STREET 2: SUITE 1240 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 BUSINESS PHONE: 8019617356 MAIL ADDRESS: STREET 1: 24901 DANA POINT HARBOR DR STREET 2: STE 200 CITY: DANA POINT STATE: CA ZIP: 92629 8-K/A 1 f8kaud2.txt AMENDED 8-K ON CHANGE IN AUDITORS 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 8, 2001 (Date of Report: Date of earliest event reported) Faraday Financial, Inc. ------------------------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 0-22236 33-0565710 ---------------------------- ----------------------- -------------------- (State or other jurisdiction (Commission File Number) (IRS Employer ID No.) of incorporation) 145 South Main Street, Suite 1240, Salt Lake City, Utah 84111 ------------------------------------------------------------- (Address of principal executive office) Registrant's telephone number, including area code: (801)961-7356 -------------- NA --------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT Faraday Financial, Inc.'s former auditors Thurman Shaw & Co., L.C. informed Faraday that because of an internal change of service strategy they were no longer be able to act as Faraday's auditors and had to resign. Thurman Shaw & Co. has indicated they will no longer be engaged in any SEC practice. During Faraday's two most recent fiscal years ended March 31, 2000 and 2001, respectively, and any subsequent interim period preceding Thurman Shaw & Co., L.C. resignation, Faraday had no disagreement with them as to any matter of accounting principles or practices, financial statements disclosure or auditing scope or procedure in connection with its reports. Thurman Shaw & Co. had not issued any adverse opinion other than it did question our going concern status and ability to remain operational for a period of twelve months. We had no disagreements with any opinion of Thurman Shaw & Co. Hansen Barnett & Maxwell of Salt Lake City, Utah was hired as our new auditors on August 15, 2001. Faraday has authorized Thurman Shaw & Co. and Hansen Barnett & Maxwell to discuss any matters regarding Faraday's financial statements and accounting systems. The change in auditors has been approved by Rubicon's board of directors. Faraday has not consulted Hansen Barnett & Maxwell on any particular accounting issues. Faraday has requested that Thurman Shaw and Hansen Barnett & Maxwell review the foregoing disclosure and provide a letter addressed to the Securities an Exchange Commission stating whether they agree with the above statements and, if not, stating in what respects they do not agree. Thurman Shaw's letter is included as an exhibit to this report on Form 8-K. ITEM 7. EXHIBITS The following exhibits are included as part of this report: SEC Exhibit Reference Number Number Title of Document Location ---------------------------------------------------------------------------- 16 16.01 Letter from Thurman Shaw & Co. relating to its resignation This filing 3 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 hereunder duly authorized. Faraday Financial, Inc. By: /s/ ---------------------------- Date: October 17, 2001 Frank Gillen, President EX-16 3 fex16lt2.txt AUDITORS LETTER Exhibit 16.01 THURMAN SHAW & CO., L.C. Certified Public Accountants James K. Thurman Jeffrey L. Shaw Justin R. Shaw October 17, 2001 To Whom It May Concern: We have served as the auditors for Faraday Financial, Inc. for the period ended March 31, 2001 and 2000. During the audit periods, there have been no disagreements with Faraday Financial, Inc. in regards to accounting principles, financial statement disclosures, auditing scope or procedures. All audit fees have been paid. Sincerely, /s/ Jeffrey L. Shaw, CPA Jeffrey L. Shaw, CPA Thurman Shaw & Co., L.C. THURMAN SHAW & CO., L.C. Certified Public Accountants James K. Thurman Jeffrey L. Shaw Justin R. Shaw October 17, 2001 U. S. Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Faraday Financial, Inc. Ladies and Gentlemen: We have read Item 4 of Faraday Financial, Inc.'s Amended Form 8-K dated October 17, 2001 (Date of earliest event reported: August 8, 2001), and are in agreement with the statements contained in the paragraph therein. Very truly yours, /s/ Jeffrey L. Shaw, CPA Jeffrey L. Shaw, CPA Thurman Shaw & Co., L.C.