UNITED STATES
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 17, 2008
CHEETAH OIL & GAS LTD.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-50861
(Commission File Number)
93-1118938
(IRS Employer Identification No.)
400-601 West Broadway, Vancouver, BC V5Z 4C2
(Address of principal executive offices and Zip Code)
604-871-4163
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:
[ ] 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))
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| Item 4.01 | Changes in Registrant’s Certifying Accountant. |
On July 10th, 2008, we decided to engage new auditors as our independent accountants to audit our financial statements. Our Board of Directors approved the change of accountants to Killman Murrell & Company, P.C. Accordingly, we dismissed Ernst & Young LLP, on July 17th, 2008.
In connection with the audits of the Company’s financial statements for each of the two fiscal years ended December 31, 2007 and in the subsequent interim periods through June 30, 2008 there were no disagreements with Ernst & Young LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope and procedures which, if not resolved to the satisfaction of Ernst & Young LLP would have caused Ernst & Young LLP to make reference to the matter in their report. The reports on the financial statements prepared by Ernst & Young LLP, for the past two fiscal years did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principals except that Ernst & Young LLP, expressed in their reports substantial doubt about our ability to continue as a going concern.
We provided Ernst & Young LLP with a copy of this Current Report on Form 8-K prior to its filing with the SEC, and requested that they furnish us with a letter addressed to the SEC stating whether they agree with the statements made in this Current Report, and if not, stating the aspects with which they do not agree. A copy of the letter provided from Ernst & Young LLP is filed as Exhibit 16.1 to this Current Report on Form 8-K.
We have engaged the firm of Killman Murrell & Company, P.C., as of July 17th, 2008. During the last two fiscal years and subsequent interim periods preceding their engagement, Killman Murrell & Company, P.C. was not consulted on any matter relating to accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements .
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.
| CHEETAH OIL & GAS LTD. | |
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| /s/ Isaac Moss | |
| Isaac Moss | |
| President | |
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| July 22, 2008 | |
