Asia Equity Exchange Group, Inc. (OTCMKTS:AEEX) Files An 8-K Changes in Registrant’s Certifying Accountant
ITEM 4.01 CHANGE IN REGISTRANTS CERTIFYING ACCOUNTANT.
Former Independent Registered Public Accounting
Firm
On March 24, 2017, the board of directors of Asia Equity Exchange
Group, Inc. (the Company) decided to dismiss Centurion ZD CPA
Limited (CZD) (formerly known as DCAW (CPA) Limited) as its
independent registered public accounting firm, effectively
immediately.
CZD was engaged as the Companys independent registered public
accounting firm on September 28, 2016 and did not conduct an
audit and has not issued any report on the consolidated financial
statements of the Company prior to its dismissal.
Since its engagement as the Companys independent registered
public accounting firm on September 28, 2016 and through the date
of this Report: (i) there were no disagreements between the
Company and CZD 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 CZD, would have caused CZD to make reference to
the subject matter of the disagreement in its report on the
Companys financial statements for such year or during the interim
period through the date of this Report, and (ii) there were no
reportable events within the meaning set forth in Item
304(a)(1)(v) of Regulation S-K.
In accordance with Item 304(a)(3) of Regulation S-K, the Company
furnished CZD with a copy of this Current Report on Form 8-K on
March 24, 2017, providing CZD with the opportunity to furnish the
Company with a letter addressed to the U.S. Securities and
Exchange Commission (SEC) stating whether it agrees with the
statements made by the Company herein in response to Item 304(a)
of Regulation S-K and if not, stating the respects in which it
does not agree. Attached as Exhibit 16.1 is a copy of CZDs letter
addressed to the SEC relating to the statements made by the
Company in this report.
New Independent Registered Public Accounting
Firm
On March 24, 2017, in connection with the dismissal of CZD, upon
the approval of its board of directors, the Company engaged
Beijing Yongtuo CPAs (special general partner) (Shenzhen Branch)
(BY) as its new independent registered public accounting firm to
audit and review the Companys financial statements, effective
immediately.
During the Companys two most recent fiscal years ended December
31, 2016 and 2015, and for the subsequent interim period through
the date of this Report, neither the Company nor anyone on its
behalf consulted BY regarding (i) the application of accounting
principles to a specified transaction, either completed or
proposed; or on the type of audit opinion that might be rendered
on the consolidated financial statements of the Company, and
neither a written report nor oral advice was provided to the
Company that BY concluded was an important factor considered by
the Company in reaching a decision as to the accounting, auditing
or financial reporting issue; or (ii) any matter that was either
the subject of a disagreement as defined in Item 304(a)(1)(iv) of
Regulation S-K or a reportable event as described in Item
304(a)(1)(v) of Regulation S-K.
ITEM 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On and effective March 24, 2017, the Board of Directors of the
Company appointed Ms. Yue Ming as Chief Financial Officer of the
Company.
Ms. Ming, 30, has more than 8 years corporate finance and
accounting experience. She has served as our Treasurer since
January 20, 2017. From December 1, 2014 to March 23, 2017, she
acted as the Companys internal accountant. Prior to joining the
Company, Ms. Ming was employed for more than 4 years by Shenzhen
Yamuna Science and Technology Co., Ltd., an international trade
company, most recently as finance manager from April 12, 2010 to
November 30, 2014. Ms. Ming started her accounting career at
Shenzhen Hui Tian Accounting Firm on July 1, 2009 after she
graduated from Central China Normal University where she majored
in international trade.
There is no family relationship that exists between Ms. Ming and
any directors or executive officers of the Company. In addition,
there are no arrangements or understandings between Ms. Ming and
any other persons to which she was selected as an officer of the
Company and there are no transactions between the Company and Ms.
Ming that would require disclosure under Item 404(a) of
Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
| Exhibit No. | Description | |
| 16.1 | Letter from Centurion ZD CPA Limited, dated March 27, 2017 |
About Asia Equity Exchange Group, Inc. (OTCMKTS:AEEX)
Asia Equity Exchange Group, Inc., formerly I In The Sky, Inc., operates in the online equity information industry. The Company through its subsidiary, Asia Equity Exchange Group Company Limited, offers an international equity assistance and information service platform designed to provide member registration services, equity investment financing information to enterprises in Asia, mainly in China. Its member registration services refer to companies seeking to join its equity investment and financing information dissemination platform. The Company through its indirect subsidiaries, AEEX (HK) International Finance Service Limited and Yinfu Guotai Investment Consultant (Shenzhen) Co. Ltd., is also engaged in the provision of investment and corporate management consultancy services. The Company’s original business plan was to manufacture and market global positioning system (GPS) tracking devices and software to businesses and families. Asia Equity Exchange Group, Inc. (OTCMKTS:AEEX) Recent Trading Information
Asia Equity Exchange Group, Inc. (OTCMKTS:AEEX) closed its last trading session down -0.050 at 0.900 with 450 shares trading hands.