UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): August 12, 2005
AKID CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Colorado 000-27333 84-1493150
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(State or Other Jurisdiction of (Commission File Number) (IRS Employer Identification No.)
Incorporation)
43 West 33rd Street
New York, NY 10001
(Address of Principal Executive Offices)
(Zip Code)
(212) 695-3334
(Registrant's Telephone Number, Including Area Code)
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(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 (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 240.13e-4(c))
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Section 4. Matters Related to Accountants and Financial Statements
Item 4.01. Changes in Registrant's Certifying Accountant.
Akid Corporation (the "Registrant") has changed its principal independent
accountants. On August 12, 2005, the Registrant dismissed Cordovano and Honeck
LLP (the "Former Accountant") from serving as the Registrant's principal
independent accountants. On August 12, 2005, the Registrant retained Meyler &
Co. (the "New Accountant") as its new principal independent accountants. The
decision to change accountants was recommended and approved by the Registrant's
Board of Directors.
The Former Accountant
The reports of the Former Accountant on the financial statements for either of
the past two fiscal years contained no adverse opinion or disclaimer of opinion,
and were not qualified or modified as to uncertainty, audit scope, or accounting
principles. In addition, during Registrant's two most recent fiscal years and
through August 12, 2005, there were no disagreements with the Former Accountant
on any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures, which disagreements, if not
resolved to the satisfaction of the Former Accountant, would have caused it to
make reference to the subject matter of the disagreements in connection with its
reports. None of the reportable events set forth in Item 304(a)(1)(iv)(B) of
Regulation S-B occurred within the Registrant's two most recent fiscal years nor
through August 12, 2005.
The Registrant has provided the Former Accountant with a copy of this disclosure
and has requested that the Former Accountant furnish it with a letter addressed
to the U.S. Securities and Exchange Commission ("SEC") stating whether it agrees
with the above statements, and if not, stating the respects in which it does not
agree. A copy of the letter from the Former Accountant addressed to the SEC,
dated August 12, 2005 is filed as Exhibit 16.1 to this Current Report on Form
8-K.
The New Accountant
During the Registrant's two most recent fiscal years and through August 12,
2005: (1) the Registrant did not consult the New Accountant regarding either the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
Registrant's financial statements; (2) neither a written report nor oral advice
was provided to the Registrant by the New Accountant that they concluded was an
important factor considered by the Registrant in reaching a decision as to the
accounting, auditing or financial reporting issue; and (3) the Registrant did
not consult the New Accountant regarding any matter that was either the subject
of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-B and the
related instructions) or any of the reportable events set forth in Item
304(a)(1)(iv)(B) of Regulation S-B.
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Section 9-Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of business acquired. Not Applicable
(b) Pro forma financial information. Not Applicable
(c) Exhibits
Exhibit 16.1 Letter from Cordovano and Honeck LLP to
the Securities and Exchange Commission,
dated August 12, 2005, on the change in the
certifying accountant
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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.
AKID CORPORATION
By: /s/ Mechael Kanovsky
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Name: Mechael Kanovsky
Title: Chief Executive Officer
Date: August 12, 2005
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