UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
July 19, 2006Date of Report (Date of earliest event reported)
ALPHATRADE.COM
(Exact name of registrant as specified in its charter)
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| NEVADA | | 000-25631 | | 98-0211652 |
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| (State or other jurisdiction | | (Commission | | (IRS Employer |
| of incorporation) | | File Number) | | Identification Number) |
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| SUITE 1820 - 1111 WEST GEORGIA ST, VANCOUVER BC | | V6E 4M3 |
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| (Address of principal executive offices) | | (Zip Code) |
(604) 681-7503Registrant’s telephone number, including area code
(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 (seeGeneral Instruction A.2. below):
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| | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| | | 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.
Upon notice from Williams & Webster, P .S., Certified Public Accountants, Alphatrade.com's independent certifying accountants, our auditors have terminated their relationship, withdrawing as auditors effectively July 19, 2006. A copy of the letter from Williams & Webster, P.S. dated July 19, 2006 is attached as exhibit 16.1. The termination of our relationship with Williams & Webster was unanimously accepted by our board of directors and audit committee on July 19, 2006. In connection with its audit for the last fiscal year and the interim periods until the date of termination, there have been no disagreements with Williams & Webster on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures which, if not resolved to the satisfaction of Williams & Webster, would have cau sed it to make reference to the subject matter of the disagreement in connection in its report on the financial statements.
Williams & Webster's audit report to our financial statements for the year ended December 31,2005, includes a modification expressing substantial doubt as to our company's ability to continue as a going concern because we have recorded significant losses from operations, have a deficit in stockholders' equity and have a working capital deficit. Our ability to continue as a going concern is dependent upon, among other things, increasing the number of subscribers to our stock-tracking product, thereby increasing sales and increasing the advertisers on our site and email program, continuing to increase gross profit percentage by increasing sales, and converting related party debt to equity when cash flow does not permit cash payments of this debt. The audit report contains no other adverse opinion, disclaimer of opinion or modification as to uncertainty, audit scope or accounting principle.
During our two most recent fiscal years and through July 19, 2006 there have been no reportable events as set forth in Regulation S-B, Item 304(a)(1)(iv). Williams & Webster was provided with a copy of this Form 8-K and furnished us with a letter addressed to the Securities and Exchange Commission stating Williams & Webster's agreement with the above statements. A copy of the letter provided to us by Williams & Webster in response to this request is filed as Exhibit 16.2 to this Form 8-K.
Also on July 19, 2006, our board of directors unanimously approved a resolution to engage Chisholm, Bierwolf & Nilson, LLC, Certified Public Accountants, to become our new independent certifying accountants. During the two most recent fiscal years and through July 19, 2006, we have not consulted with Chisholm, Bierwolf & Nilson, LLC regarding:
(i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and no written report or oral advice was provided to us by concluding there was an important factor to be considered by us in reaching a decision as to an accounting, auditing or financial reporting issue; or
(ii) any matter that was the subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-B and the related instructions thereto, or a reportable event, as described in Item 304(a)(1)(iv) of Regulation S-B.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Description of Exhibits
16.1 Letter from Williams & Webster, P.S., dated July 19, 2006
16.2 Letter from Williams & Webster, P.S., dated July 19, 2006, to the Securities and Exchange Commission
regarding statements included in this Form 8-K.
SIGNATURES
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.
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| | | ALPHATRADE.COM
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| Date: July 24, 2006 | By: | /s/ Penny Perfect | |
| | | Penny Perfect | |
| | | President | |
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EXHIBIT INDEX
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| Exhibit Number | | Description of Exhibit |
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| 16.1 | | Letter from Williams & Webster, P.S., dated July 19, 2006 |
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| 16.2 | | Letter from Williams & Webster, P.S., dated July 19, 2006, to the Securities and Exchange Commission regarding statements included in this Form 8-K. |
