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: July 13, 2007
THE SAINT JAMES COMPANY
(Exact name of registrant as specified in its charter)
North Carolina 0-13738 56-1426581
- ------------------------------------- ---------------------- ---------------------------------
(State or other jurisdiction of (Commission File (IRS Employer Identification
incorporation) Number) Number)
4505 Las Virgenes Road, Suite 210
Calabasas, CA 91302
(Address of Principal Executive Offices) (Zip Code)
(310)739-5696
Registrant's telephone number, including area code
Radiation Disposal Systems, Inc.
18026 Circa Azul, San Antonio, TX 78259
(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:
[ ] 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 & FINANCIAL STATEMENTS
Item 4.01(a) - Changes in Registrant's Certifying Accountant.
- -------------------------------------------------------------
Stonefield Josephson, Inc.("Stonefield Josephson"), formerly auditor for The
Saint James Company (the Company), was dismissed as auditor on June 12, 2007.
Larry O'Donnell, CPA was engaged as auditors for Company on June 12, 2007.
The change of accountants was approved by the Board of Directors. No audit
committee exists other than the members of the Board of Directors.
In connection with Stonefield Josephson's audit of the Company's financial
statements for the fiscal years ended December 31, 2002 and 2001 and the
cumulative period of January 1, 2001 through December 31, 2002 and through the
date of their termination, there were no disagreements with Stonefield Josephson
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 Stonefield Josephson, would have caused them to make
reference in connection with their report to the subject of the disagreement(s).
The audit report by Stonefield Josephson, Inc. for the years ended December 31,
2002 and 2001 and for the cumulative period of January 1, 2001 though December
31, 2002 (the latest report issued by Stonefield Josephson), included an
explanatory paragraph expressing substantial doubt as to the Company's ability
to continue as a going concern.
Item 9.01 Financial Statements and Exhibits
- --------------------------------------------
(c) Exhibits The following is a complete list of exhibits filed as part
of this Report. Exhibit numbers correspond to the numbers in the exhibit table
of Item 601 of Regulation S-B.
Exhibit No. Description
----------- -----------
16.1* Letter from Stonefield Josephson, Inc.
23.1* Auditors Correspondence to the SEC
23.2 * Auditors Correspondence to the SEC
*Filed herewith
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.
THE SAINT JAMES COMPANY
By: /s/ Bruce A. Cosgrove
Bruce A. Cosgrove,
President and Chief
Executive Officer
Date: July 13, 2007