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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 ACT OF
1934.
Date of Report (Date of Earliest event reported):
June 22, 2005
Commission file number 000-27825
EXIM INTERNET GROUP, INC.
(formerly Global Trade Portal Corporation;
Hydro Environmental Resources, Inc.)
(Exact Name of Registrant as specified in its charter)
Nevada 73-1552304
(State or other jurisdiction of (IRS Employer
Incorporation or organization) Identification Number)
7683 SE 27TH Street
Mercer Island, Washington 98040
(Address of principal executive offices)
(City, State and Zip Code)
(866)571-0200
Company's telephone number, including area code
ITEM 4.0 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT:
(1) Previous Independent Auditors: Cordovano & Honeck, LLP
(i) Effective June 20, 2005, Exim Internet Group, Inc., formerly Global Trade
Portal Corporation and Hydro Environmental Resources, Inc, (the Company)
determined to change the Company's independent accountants, and, accordingly,
ended the engagement of Cordovano & Honeck, LLP, in that role and retained
Madsen & Associates, CPA's, Inc. as its independent accountants. The Audit
Committee of the Board of Directors (the "Audit Committee") and the Board of
Directors of the Company approved the decision to change independent
accountants.
(ii) Management of Exim Internet Group, Inc., formerly Global Trade Portal
Corporation and Hydro Environmental Resources, Inc., is unaware of any
disagreements with Cordovano & Honeck, LLP related to any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure. For the most recent fiscal year of December 31, 2003 and any
subsequent interim period through Cordovano & Honeck, LLP's termination on June
20, 2005,there has been no disagreement between the Company and Cordovano &
Honeck, LLP on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreement, if not
resolved to the satisfaction of Cordovano & Honeck, LLP would have caused it to
make a reference to the subject matter of the disagreement in connection with
its reports.
(iii) The Company's Board of Directors participated in and approved the
decision to change independent accountants. Cordovano & Honeck, LLP's audit
report on the financial statements for the year ended December 31, 2003
contained no adverse opinion or disclaimer of opinion and was not qualified or
modified as to audit scope or accounting principles.
(iv) In connection with its audits for the two most recent fiscal years and
review of financial statements through September 30, 2004, there have been no
disagreements with Cordovano & Honeck, 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 Cordovano
& Honeck, LLP would have caused them to make reference thereto in their report
on the financial statements.
(v) During the two most recent fiscal years of December 31, 2002 and 2003, and
the interim period to September 30, 2004, there have been no reportable events
with the Company as set forth in Item 304(a(i)(v) of Regulation S-K.
(vi) The Company requested that Cordovano & Honeck, LLP furnish it with a letter
addressed to the SEC stating whether or not it agrees with the above statements.
(2) New Independent Accountants:
(i) The Company engaged Madsen & Associates, CPA's Inc., Inc., Murray, Utah as
its new independent auditors as of June 20, 2005. Prior to such date,
the Company, did not consult with Madsen & Associates, CPA's, Inc. regarding (i)
the application of accounting principles, (ii) the type of audit opinion that
might be rendered by Madsen & Associates, CPA's, Inc, or (iii) any other matter
that was the subject of a disagreement between the Company and its former
auditor as described in Item 304(a)(1)(iv) of Regulation S-B.
June 22, 2005 EXIM INTERNET GROUP, INC.
By /s/ Mr. Nicholas Alexander
------------------------------
Mr. Nicholas Alexander, Secretary
and Director