Date of Report (Date of earliest event reported): January 5, 2011 (October 15, 2010)
First Quantum Ventures, Inc.
The purpose of this current report on Form 8-K is to report a change in the Company’s auditors.
ITEM 4.01 Changes in Registrant’s Certifying Accountant
On October 15, 2010, Larry O’Donnell, CPA, PC retired and resigned as the Company’s Independent Auditor.
We understand that on December 14, 2010, Larry O’Donnell, CPA, PC’s registration with the Public Companies Accounting Oversight Board, (PCAOB), was revoked by the PCAOB.
During the Registrant's two most recent fiscal years and during any subsequent interim period prior to the October 15, 2010, resignation as the Company's independent auditors, there were no disagreements with Larry O’Donnell, CPA, PC, with respect to accounting or auditing issues of the type discussed in Item 304(a)(iv) of Regulation S-K.
O’Donnell’s audit opinion for the last two years contained an audit scope modification due to the Company’s uncertainty regarding its ability to continue as a going concern.
On October 15, 2010, the Company retained Malcolm Pollard, Inc. as the Company’s Independent Auditor.
During the Registrant's two most recent fiscal years or any subsequent interim period prior to engaging Malcolm Pollard, Inc., the Company, or someone on the Company's behalf, had not consulted Malcolm Pollard, Inc. regarding any of the accounting or auditing concerns stated in Item 304(a)(2) of Regulation S-K.
The Company’s Board of Directors approved the change of auditors pursuant to Item 304(a)(1)(iii) of Regulation S-K.
On January 4, 2011, the Company provided Larry O’Donnell, CPA, PC with a copy of this disclosure and requested that it furnish a letter to the Company, addressed to the SEC, stating that it agreed with the statements made herein or the reasons why it disagreed.
| EXHIBIT NUMBER | | DESCRIPTION |
| | | |
| Exhibit 16.1 | | Larry O’Donnell, CPA, PC letter regarding change of accountants |
