Each one in plain English, with the numbers worked through for a shareholder.
7 Oct 2019listing compliance notice● Neutral
The company, now named You Han Data Tech Co Ltd., filed this amendment to withdraw the Form 15 it submitted on October 4, 2019 to end its SEC reporting, because it has more than 300 holders of record (1,304 stated). Shareholders keep their shares and the company remains registered, so this is not an end of their position.
This amendment corrects the previous 8-K, which had named the wrong new auditor: the sole director appointed David Lee Hillary Jr., CPA, CITP, MBA (not Hillary CPA Group, LLC) effective December 5, 2013. The rest of the auditor-change details are unchanged.
Kenne Ruan, CPA, P.C. resigned as auditor on November 24, 2013, only weeks after being engaged on October 5, 2013. The sole director appointed Hillary CPA Group, LLC as the new auditor effective December 5, 2013; the filing reports no disagreements and attaches Kenne Ruan's letter agreeing with the statements.
This amendment restates the auditor change and gives a different reason for leaving Stan J.H. Lee, CPA: the PCAOB issued an order on July 30, 2013 revoking his registration (the original 8-K said the company dismissed him on October 5, 2013). It attaches Lee's letter dated November 13, 2013, and repeats the Kenne Ruan engagement and the going-concern language in Lee's reports.
On October 5, 2013 the company dismissed its auditor Stan J.H. Lee, CPA and engaged Kenne Ruan, CPA, P.C. for the October 31, 2013 quarter onward. Lee's reports for the years ended April 30, 2013 and 2012 carried going-concern doubt language, and the filing states there were no disagreements; Lee had not yet supplied the requested letter to the SEC.