U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 1, 2006
Tilden Associates, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
000-1027484 11-3343019
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(Commission File No.) (IRS Employer Identification No.)
300 Hempstead Turnpike
Suite 110
West Hempstead, NY 11552
(516) 746-7911
(Address and telephone number of principal executive offices
and place of business)
(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
240.14-12)
[ ] 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 13ed-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 Account
(a) On March 1, 2006, Tilden Associates, Inc. (the "Company") was notified
by Goldstein & Ganz, P.C., 98 Cuttermill Road, Great Neck, New York 11021, (516)
487-0110 ("Goldstein & Ganz") that they were declining to stand for re-election
as the Company's independent accountant.
The Independent Auditor, Goldstein & Ganz, P.C., has consented to the use of its
Auditor's Opinion for the Fiscal Year ended December 31, 2004.
On March 1, 2006, the management of the Registrant engaged Aaron Stein, C.P.A.,
located at PO Box 406, 981 Allen Lane, Woodmere, NY 11598, 516-569-0520, as its
independent auditors to audit its financial statements for the fiscal year ended
December 31, 2005. The decision to retain Aaron Stein, C.P.A. was approved by
the Registrant's Board of Directors.
During the two most recent fiscal years and through the date of the auditor's
opinion on the financial statements as of December 31, 2005 and through the date
of this 8-K/A, there were no disagreements between Goldstein & Ganz, and the
Registrant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to the satisfaction of Goldstein & Ganz would have caused them to
make reference to the subject matter of the disagreement in connection with its
reports on the Registrant's financial statements and neither contained an
adverse opinion or disclaimer of opinion.
The Registrant has furnished Goldstein & Ganz with a copy of this report and has
requested them to furnish a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements. A copy of the
resignation letter is attached as Exhibit 16 to this Form 8-K/A.
(b) Effective March 1, 2006, Aaron Stein, C.P.A., has been retained as
independent auditor of Tilden Associates, Inc., the Registrant, and was retained
as independent auditor of the registrant for the fiscal year ending December 31,
2005. Prior to the engagement, Registrant did not consult with Aaron Stein,
C.P.A. regarding the application of accounting principles to a specified
transaction, or the type of audit opinion that may be rendered with respect to
the Registrant's financial statements, as well did not consult with Aaron Stein,
C.P.A., as to the application of accounting principles to a specific completed
or contemplated transaction, or the type of audit opinion that might be rendered
on the small business issuer's financial statements and either written or oral
advice was provided that was an important factor considered by the small
business issuer in reaching a decision as to the accounting, auditing or
financial reporting issue.
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Section 8 - Other Events
Item 8.01 Other Events.
On January 23, 2006, the Registrant entered into a Letter of Intent with Global
Cornerstone Group, Inc. ("Global"), of Hauppauge, New York, whereby Registrant
will acquire 100% of the issued and outstanding shares of common stock of
Global, for approximately 95% of the issued and outstanding shares of Registrant
at the time of the transaction.
The Letter of Intent was amended on March 24, 2006.
On May 3, 2006, the Company terminated the Letter of Intent with Global.
Section 9 -- Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
(c) Exhibits.
16. Letter from Goldstein & Ganz, CPA's, P.C., to the
Commission, concerning 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.
Dated: June 12, 2006
Tilden Associates, Inc.
By: /s/ ROBERT BASKIND
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Robert Baskind, President
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