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) - January 8, 2007
COMMISSION FILE NUMBER: 000-254888
RG GLOBAL LIFESTYLES, INC.
(Exact name of registrant as specified in its charter)
CALIFORNIA 33-0230641
(State or jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
30021 TOMAS, STE 200, RANCHO SANTA MARGARITA, CALIFORNIA 92688
(Address of principal executive offices, including zip code)
(949) 888-9500
(Registrant's telephone number, including area code)
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)
|_| Precommencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Precommencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
RG GLOBAL LIFESTYLES, INC.
SECTION 4 - MATTERS RELATED TO ACCOUNTS AND FINANCIAL STATEMENTS
ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On January 8, 2007, the Registrant's principal independent
accountant Beckstead and Watts, LLP notified the Registrant that it would not
stand for re-election as their independent accountants for the fiscal year
ending March 31, 2007.
The audit reports issued by Beckstead & Watts, LLP with respect to the
Registrant's financial statements for the fiscal years ended March 31, 2006 and
2005 did not contain an adverse opinion or disclaimer of opinion, and were not
qualified or modified as to uncertainty, audit scope, or accounting principals,
except that Beckstead & Watts, LLP's reports contained an explanatory paragraph
regarding the Registrant's ability to continue as a going concern. From 2004
through the date of Beckstead & Watts, LLP's withdrawal, there were no
disagreements between the Registrant and Beckstead & Watts, LLP 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
Beckstead & Watts, LLP would have caused it to make a reference to the subject
matter of the disagreement in connection with its audit report.
(b) On January 9, 2007, the Board of Directors of Registrant approved
the appointment of De Joya Griffith & Company, LLC as its principal independent
accountant. De Joya Griffith & Company, LLC was engaged by the Registrant on
January 9, 2007. During the most recent two fiscal years and the portion of time
preceding the decision to engage De Joya Griffith & Company, LLC, neither the
Registrant nor anyone engaged on its behalf has consulted with De Joya Griffith
& Company, LLC regarding (i) either the application of accounting principals to
a specified transaction, either completed or proposed; or the type of audit
opinion that might be rendered on the Registrant's financial statements; or (ii)
any matter that was either the subject of a disagreement (as defined in Item
304(a)(10)(iv) of Regulation S-B) or a reportable event.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Exhibits
EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
16.1 Letter from Beckstead & Watts, LLP, dated January 9, 2007
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
RG Global Lifestyles, Inc.
/S/ WILLIAM HITCHCOCK
---------------------------
William Hitchcock, CFO
Date: January 12, 2007