SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): August 3, 2009
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China Crescent Enterprises, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Nevada 0-14306 84-0928627
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(State of Incorporation or (Commission File Number) (I.R.S. Employer
Organization) Identification No.)
14860 Montfort Drive, Suite 210
Dallas, Texas 75254
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (214) 722-3040
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Copies to:
Law Offices of Michael Littman, Esq.
7609 Ralston Road
Arvada, CO 80002
Phone: (303) 422-8127
Fax: (303) 431-1567
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 142-12 under the Exchange Act (17 CFR
240.14z-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 4.01- Changes in Registrant's Certifying Accountant
(a) On August 3, 2009, the Board of Directors of China Crescent Enterprises,
Inc. (the "Registrant") terminated the services of Pollard-Kelley Auditing
Services, Inc. ("PKASI"), as the Registrant's's independent auditors. The
Registrant's's Board of Director has accepted the resignation of PKASI. None of
the accountant's reports of PKASI on the Registrant's financial statements
contained an adverse opinion or disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles.
During the period from the Registrant's two most recent fiscal years and
the subsequent interim periods thereto preceding the termination date, there
were no disagreements with PKASI on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures,
which if not resolved to PKASI's satisfaction would have caused PKASI to make
reference to the subject matter of the disagreements in connection with its
report on the Registrant's financial statements.
The Registrant provided PKASI a copy of the above disclosure and requested
that they furnish a letter addressed to the Securities and Exchange Commission
(the "Commission") stating whether or not PKASI agrees with the statements made
above. A copy of PKASI's letter to the Commission is attached hereto as Exhibit
16.1.
(b) On August 3, 2009, the Board of Directors approved the engagement of
Hamilton, PC as the Registrant's independent registered public accounting firm.
During the Registrant's fiscal 2008 and fiscal 2007 and through August 3, 2009,
the date on which Hamilton, PC's appointment was approved, neither the
Registrant nor anyone on the Registrant's behalf consulted with Hamilton, PC
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 the Registrant's financial statements, nor has Hamilton, PC
provided to the Registrant a written report or oral advice that was an important
factor considered by the Registrant in reaching a decision as to any accounting,
auditing, or factual reporting issue, or any matter that was the subject of a
disagreement or reportable events set forth in Item 304(a)(iv) and (v)
respectively, of Regulation S-K with Hamilton, PC.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
EXHIBIT NO. DESCRIPTION
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16.1 Letter from Pollard-Kelley Auditing Services, Inc. to the
Securities Exchange Commission.
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SIGNATURE
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 thereunto duly authorized.
Date: August 18, 2009
China Crescent Enterprises, Inc.
By: /s/ Philip J. Rauch
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Philip J. Rauch
Chief Financial Officer
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