UNITED STATES
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) 01/20/2005
Platina Energy Group Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-28335 84-1080043
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(State or other Jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
4255 South Bannock St., Englewood CO. 80110
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(Address of principal executive offices)
(307) 637-3900
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(Registrant's telephone number)
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))
Item 4.02. Non-Reliance on Previously Issued Financial Statements or a
Related Audit Report or Completed Interim Review
The Company has determined that its financial statements included in
the Company's Annual Report on Form 10-KSB for the year ended March 31, 2004
and the Company's Quarterly Report on Form 10-QSB for the quarterly period
ended June 30th, 2004 should no longer be relied upon for the reasons
described below.
On December 8th, 2004, our Board of Directors was informed by our Audit
Committee, that our accountant was not a registered certified public
accountant as required by Sarbanes Oxley Act 2002 for the auditing of
public companies. The Audit Committee therefore unanimously agreed to
replace Carl S. Sanko CPA as the Company's Independent Public Accounting
Firm effective immediately. The Board of Directors immediately engaged
Jonathan P. Reuben CPA, as our independent certifying accountant for the
preparation of an ammended 10-k for the year ended March 31st, 2004, and
for future auditing purposes, effective December 8th, 2004. The Company
filed an 8-K reflecting the change in Registrant's Certifying Accountant on
December 16th, 2004 followed by an amended 8-k filed February 1st, 2005.
As a result of the new audit, the Company has elected to restate its
audited financial statements for the fiscal year ended March 31, 2004 to
re-classify the $25,000.00 it received in 2004 on the sale of its securities
which was originally classified as debt. The re-statement also included
the credit to operations and the reduction in liabilities for a debt due a
former officer on which he became barred by statute to collect prior to 2004.
The reclassification of activity is reflected in the 10-KSB/A for the year
ended March 31, 2004 filed on January 20th, 2005 and the 10-QSB/A for the
Quarterly period ended June 30, 2004, filed June 2, 2005. Therefore, any
previous filings for the aforementioned reports should not be relied upon.
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.
Platina Energy Group Inc.
Date: July 28, 2005 / s/ Blair Merriam
Blair Merriam, Chief Executive Officer