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
Date of report (Date of earliest event reported): April 12, 2005
WEBB MORTGAGE DEPOT, INC.
(Exact Name of Registrant as Specified in Its Charter)
Florida
(State or Other Jurisdiction of Incorporation)
| | |
333-72376
| | 65-0902373
|
(Commission File Number) | | (IRS Employer Identification No.) |
| | |
155 Wilson Lake Road, Mooresville, NC
| | 28117
|
(Address of Principal Executive Offices) | | (Zip Code) |
(800) 952-8706
(Registrant’s Telephone Number, Including Area Code)
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):
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))
Section 4 – Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant’s Certifying Accountant
Our former auditors, Russell & Atkins, PLC, tendered their resignation on April 8, 2005.
Except with respect to the Company’s ability to continue as a going concern, the audit opinion rendered by Russell & Atkins for the year ended December 31, 2003, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.
Russell & Atkins conducted an audit of our financial statements only for the fiscal year ended December 31, 2003. During their tenure as auditors there were no disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope of procedure, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement.
As result of the resignation of Atkins & Russell CPA, the Company engaged the services of Webb & Company, P.A. on April 8, 2005 to complete its audit for the fiscal year ended December 31, 2004.
The Company has not used the services of the new auditors prior to their appointment.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
Exhibits
16.1
Letter from Russell & Atkins, PLC
2
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.
Date: April 12, 2005
| | | | |
| Webb Mortgage Depot, Inc. | |
| By: | /s/ Byron Webb | |
| | Byron Webb | |
| | President | |
|
Exhibit 16.1
RUSSELL & ATKINS, PLC
CERTIFED PUBLIC ACCOUNTANTS
April 12, 2005
U.S. Securities and Exchange Commission
Office of the Chief Accountant
450 Fifth Street, NW
Washington, D.C. 20549
RE: Webb Mortgage Depot Inc.
File No. 333-72376
Dear Sir or Madam:
We were previously the principal accountant for Webb Mortgage Depot, Inc and, under the date of date of last audit report, we reported on the consolidated financial statements of Webb Mortgage Depot. Inc. and subsidiary as of and for the year ended 2003. On April 8th, 2005 our appointment as principal accountant was terminated. We have read" Webb Mortgage Depot, Inc.'s statements included under Item 4 of its Form 8-K dated date of 8-K and we agree with such statements.
Regards,
/s/Dennis Atkins, CPA
