UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 10, 2007 (June 29, 2007)
Chinawe.com Inc.
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(Exact name of registrant as specified in its charter)
California 000-26169 95-462728
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
Room 1304, Dongbao Tower, 767 Dongfeng Road East, Guangzhou, China 510600
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (8620) 3821-0119
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(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:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] 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))
EXPLANATORY STATEMENT
The Current Report on Form 8-K filed by Chinawe.com Inc. with the Securities
and Exchange Commission on July 5, 2007 is hereby amended by adding in the
appropriate sub-section references to Item 4.01 thereof.
Item 4.01 Changes in Registrant's Certifying Accountant.
(a) Following the reorganization of Moores Rowland Mazars (the "Former
Auditors") on June 1, 2007, in which certain of its partners
joined Mazars CPA Limited ("Mazars") and the Former Auditors
changed its name to Moores Rowland, the Former Auditors resigned
as the independent auditors of Chinawe.com Inc. (the "Company"),
effective June 29, 2007. Moores Rowland Mazars had been the
Company's auditors since March 7, 2003. The Company's Board of
Directors (the "Board") accepted the resignation of the Former
Auditors on June 29, 2007.
The Former Auditors' audit report on the Company's consolidated
financial statements for each of the past two fiscal years did not
contain an adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope or accounting
principles, except that the Former Auditors' report on the
Company's consolidated financial statements for the fiscal year
ended December 31, 2006 included an explanatory paragraph
describing the uncertainty as to the Company's ability to continue
as a going concern.
During the Company's two most recent fiscal years and through the
subsequent interim period on or prior to June 29, 2007, (a) there
were no disagreements between the Company and the Former Auditors
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 the Former
Auditors, would have caused the Former Auditors to make reference
to the subject matter of the disagreement in connection with its
report; and (b) no reportable events as set forth in Item
304(a)(1)(iv)(A) through (E) of Regulation S-B have occurred.
The Company has provided the Former Auditors with a copy of the
disclosures in this Current Report on Form 8-K prior to its filing
with the Securities and Exchange Commission (the "SEC") and has
requested that the Former Auditors furnish it with a letter
addressed to the SEC stating whether the Former Auditors agree
with the above statements and if not, stating the respects in
which it does not agree. A copy of such letter, dated July 3,
2007, is filed as Exhibit 16.1 hereto and is incorporated by
reference herein.
(b) As key members of the Former Auditors servicing the Company
previously have joined Mazars, the Board appointed Mazars as the
Company's new independent auditors (the "New Auditors"), effective
from June 29, 2007.
During the Company's two most recent fiscal years and subsequent
interim period on or prior to June 29, 2007, the Company did not
consult with the New Auditors regarding the application of
accounting principles to a specified transaction, either completed
or proposed, or any of the matters or events set forth in Item
304(a)(2) of Regulation S-B.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 16.1 Letter from Moores Rowland, dated July 3, 2007, to the Securities
and Exchange Commission.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: July 10, 2007 CHINAWE.COM INC.
By: /s/ Man Keung Wai
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Man Keung Wai
Chief Executive Officer
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EXHIBIT INDEX
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Exhibit No. Description
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Exhibit 16.1 Letter from Moores Rowland, dated July 3, 2007, to
the Securities and Exchange Commission.
