SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): July 2, 2007
Debut Broadcasting Corporation, Inc.
(Exact name of registrant as specified in charter)
Nevada | | 333-107300 | | 88-0417389 |
(State or other jurisdiction of incorporation or organization) | | (Commission File No.) | | (IRS Employee Identification No.) |
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1209 - 16th Avenue South, Suite 200
Nashville, TN 37212
(Address of Principal Executive Offices)
(615) 866-0530
(Issuer Telephone number)
California News Tech 825 Van Ness Ave., Suite 406-407 San Francisco, California 94109 |
| (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 (17CFR 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)) |
SECTION 4 - Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant’s Certifying Accountant.
Merger Involving Independent Accountants
On July 2 2007, Debut Broadcasting Corporation, Inc. (the “Company”) was informed by Ronald N. Silberstein, CPA, PLLC ("RNS"), the independent registered public accounting firm for the Company, as follows:
| 1. | RNS has consummated a merger (the “Merger”) with Maddox Ungar, PLLC ("MU"). The name of the post-merger firm is Maddox Ungar Silberstein, PLLC ("RNS + MU"), which is registered with the Public Company Accounting Oversight Board (United States); and |
| 2. | The Company is required to file this Form 8-K as notification that RNS + MU succeeds RNS as the Company’s independent registered auditor. |
Changes in Registrant’s Certifying Accountant
As a result of the Merger, on July 2, 2007, RNS resigned as the Company’s independent registered auditor. The Company has engaged RNS + MU as its independent registered auditor effective July 2, 2007. The decision to change auditors was approved by the Company’s board of directors. The Company did not consult with RNS + MU on any matters prior to retaining such firm as its independent registered auditor.
RNS’s audit reports on the financial statements of the Company for the fiscal years ended December 31, 2006 and 2005 contained no adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles, except that the audit reports on the financial statements of the Company for the fiscal years ended December 31, 2006 and 2005 contained an uncertainty about the Company’s ability to continue as a going concern.
During the years ended December 31, 2006 and 2005, and through the interim period ended July 1, 2007, there were no disagreements with RNS on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to the satisfaction of RNS would have caused them to make reference thereto in their reports on the financial statements for such periods.
During the years ended December 31, 2006 and 2005, and through the interim period ended July 1, 2007, RNS did not advise the Company with respect to any of the matters described in paragraphs (a)(1)(iv)(A) and (B) of Item 304 of Regulation S-B.
On July 5, 2007, the Company provided RNS with its disclosures in this Form 8-K disclosing the resignation of RNS and requested in writing that RNS furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. RNS’s response is filed as an exhibit to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
Exhibit Number | Description |
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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.
Debut Broadcasting Corporation, Inc.
/s/ Steven Ludwig
Steven Ludwig
Chief Executive Officer
Date: July 5, 2007
