U.S. 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):
November 21, 2006
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NORTHERN ETHANOL, INC.
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(Exact name of small business issuer as specified in its charter)
Delaware 000-51564 34-2033194
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State or other jurisdiction Commission File Number (IRS Employer ID No.)
of incorporation)
193 King Street East
Suite 300
Toronto, Ontario, M5A 1J5, Canada
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(Address of principal executive offices)
(416) 366-5511
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(Issuer's Telephone Number)
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related
Report or Completed Interim Review
Effective immediately, the Company advises that our Form 10Q-SB filed on
November 21, 2006, consisting of the unaudited interim consolidated balance
sheets at September 30, 2006 and December 31, 2005, and the unaudited interim
consolidated statements of operations, stockholders' equity and cash flows for
the three-month and nine-month periods ended September 30, 2006 and 2005, and
for the period November 29, 2004 (inception) to September 30, 2006, and the
related Management's Discussion and Analysis has been withdrawn and should no
longer be relied upon. We were notified late last week that KPMG LLP, our
independent registered public accountants, did not complete their review of such
interim financial statements despite the fact that our management believed that
such review had been completed. Further, management wishes to consider the
possible impact of the SEC's comment letter dated November 14, 2006 relating to
our registration statement on Form SB-2 filed on October 12, 2006 regarding
various matters pertaining to our aforesaid report on Form 10-QSB. Our Audit
Committee of the Board of Directors has approved such action and has discussed
the matters disclosed in this filing with the Company's independent registered
public accountants.
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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.
Dated: December 6, 2006 NORTHERN ETHANOL, INC.
(Registrant)
By: s/Gordon Laschinger
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Gordon Laschinger, Chief Executive Officer