SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
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January 14, 2004
FARADAY FINANCIAL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-22236 33-0565710
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(State or other jurisdiction of (Commission (IRS employer
incorporation) file number) identification no.)
175 South Main, Suite 1240, SLC, Utah 84111
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(Address of principal executive offices) (Zip code)
(801) 502-6100
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(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 (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 240.13c-4(c)
This document contains a total of 3 pages.
Item 4.01 Changes in Registrant's Certifying Accountant
On or about January 14, 2004, the Company elected to dismiss Hansen,
Barnett & Maxwell ("HBM") as its independent auditors. The decision to change
auditors was recommended by the Company's Board of Directors. Subsequently, the
Company's Board of Directors elected to retain HJ & Associates, LLC ("HJ") as
its independent auditors.
The report of HBM on the financial statements of the Company for the
two fiscal years prior to the dismissal did not contain any adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles, except that reports contained an
explanatory paragraph that expressed that substantial doubt existed regarding
the Company's ability to continue as a going concern. During the Company's two
fiscal years preceding the change in auditors and all subsequent interim periods
preceding such change in auditors, there was no disagreement with HBM on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which, if not resolved to the satisfaction of the
former accountant, would have caused it to make a reference to the subject
matter of the disagreements in connection with its report; nor has HBM ever
presented a written report, or otherwise communicated in writing to the Company
or its board of directors the existence of any "disagreement" or "reportable
event" within the meaning of Item 304 of Regulation S-B.
The Company has authorized HBM to respond fully to the inquiries of the
Company's successor accountant. The Company provided HBM with a copy of this
disclosure before it was filed and HBM has provided the Company with the letter
required by Item 304(a)(3) of Regulations S-B which is attached hereto as
Exhibit 16.1.
Item 9.01 Financial Statements and Exhibits
a. Financial statements of businesses acquired
Not applicable.
b. Pro forma financial information
Not applicable.
c. Exhibits
Number Description
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16.1 Letter re Change in Certifying Accountants
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.
FARADAY FINANCIAL, INC.
Date: October 21, 2004 By /s/ Frank Gillen
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Frank Gillen
President