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) __January 6, 2006, ______
Bestway Coach Express, Inc.
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(Name of small business issuer as specified in its charter)
New York 000-51158 13-3961159
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2 Mott Street, 7th Floor, New York, New York 10013
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 608-8988
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(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):
[] 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)).
Section 4 - Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant.
a) On or about January 1, 2006, Child, Sullivan & Company, the independent
auditor for Bestway Coach Express (the "Company") changed its accounting
practice from a corporation to a professional limited liability company named
Child, Van Wagoner & Bradshaw, PLLC. As this is viewed as a separate legal
entity, the Company dismissed Child, Sullivan & Company as its independent
auditor and engaged Child, Van Wagoner & Bradshaw, PLLC, as the Company's
independent auditor for the Company's fiscal year ending November 30, 2005 and
the interim periods for 2005 and 2006. The decision to change its independent
auditor was approved by the Board of Directors of the Company.
None of the reports of Child, Sullivan & Company, on the Company's financial
statements for either of the past two years or subsequent interim period
contained an adverse opinion or disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles.
There were no disagreements between the Company and Child, Sullivan &
Company,for either of the past two years or subsequent interim period on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which, if not resolved to the satisfaction of
Child, Sullivan & Company, would have caused them to make reference to the
subject matter of the disagreement in connection with its report. Further,
Child, Sullivan & Company has not advised the Registrant that:
1) internal controls necessary to develop reliable financial statements did not
exist; or
2) information has come to the attention of Child, Sullivan & Company which made
it unwilling to rely upon management's representations, or made it unwilling to
be associated with the financial statements prepared by management; or
3) the scope of the audit should be expanded significantly, or information has
come to the attention of Child, Sullivan & Company that they have concluded
will, or if further investigated might, materially impact the fairness or
reliability of a previously issued audit report or the underlying financial
statements, or the financial statements issued or to be issued covering the
fiscal year ended November 30, 2005.
(b) On or about January 3, 2006 the Registrant engaged Child, Van Wagoner &
Bradshaw, PLLC as its independent auditor to audit the Registrant's financial
statements as successor to Child, Sullivan & Company. During the Registrant's
two most recent fiscal years or subsequent interim period, the Registrant has
not consulted with the entity of Child, Van Wagoner & Bradshaw, PLLC regarding
the application of accounting principles to a specific transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Registrant's financial statements, nor did the entity of Child, Van Wagoner
& Bradshaw, PLLC provide advice to the Registrant, either written or oral, that
was an important factor considered by the Registrant in reaching a decision as
to the accounting, auditing or financial reporting issue. Further, during the
Registrant's two most recent fiscal years or subsequent interim period, the
Registrant has not consulted the entity of Child, Van Wagoner & Bradshaw, PLLC
on any matter that was the subject of a disagreement or a reportable event.
Item 9.01 Financial Statements and Exhibits.
Exhibit
Number Descriptions
16.1 Letter from Child, Sullivan & Company dated January 6, 2006 regarding
change in certifying accountant
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: January 6, 2006 By: /s/ Wilson Cheng
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Wilson Chen, Chief Executive Officer,
Chairman of the Board of Directors and Treasurer