CYBERSPACE VITA, INC. (OTCMKTS:CYVA) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 of the Original Report, in its entirety to indicate
that the appointment of Turner Stone as the Companys independent
registered public accounting firm became effective on June 1,
2017; and (ii) amends and restates Item 5.02 of the Original
Report, in its entirety, solely to correct a typographical error
that clarifies that there were no arrangements or understandings
with any person to which Mr. Gingerich was selected as Secretary.
No other changes were made to the Original Report. References to
the exhibit in this Amendment are references to the exhibit filed
with the Original Report.
Item 4.01 Changes in Registrants Certifying
Accountant.
On May 18, 2017, the Board of Directors (the Board) of Cyberspace
Vita, Inc. (the Company) dismissed Paritz Company, P.A. (Paritz)
as the registered independent public accounting firm. Also on May
18, 2017, the Board approved the engagement of Turner, Stone
Company (Turner Stone) as the Companys independent registered
public accounting firm, effective June 1, 2017.
Other than the disclosure of an uncertainty regarding the ability
of the Company to continue as a going concern which was included
in Paritzs report on our financial statements for the years ended
December 31, 2016 and December 31, 2015, Paritzs reports on the
financial statements of the Company for the years ended December
31, 2016 and December 31, 2015, did not contain an adverse
opinion or a disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting
principles.
During the Companys two most recent fiscal years, the subsequent
interim period preceding Paritzs dismissal, there were: (i) no
disagreements (within the meaning of Item 304(a)(1)(iv) of
Regulation S-K) with Paritz on any matters of accounting
principles or practices, financial statement disclosure, or
auditing scope or procedure, which disagreement(s), if not
resolved to the satisfaction of Paritz, would have caused Paritz
to make reference to the subject matter of the disagreement(s) in
its reports on the consolidated financial statements of the
Company; and (ii) no reportable events (as such term is defined
in Item 304(a)(1)(v) of Regulation S-K).
The Company provided Paritz with a copy of this Form 8-K prior to
its filing with the Securities and Exchange Commission
(Commission) and requested that Paritz furnish it with a letter
addressed to the Commission stating whether it agrees with the
statements made above. A copy of Paritzs letter, dated May 22,
2017, is attached as Exhibit 16.1 to this Form 8-K.
During the Companys two most recent fiscal years and the
subsequent interim period prior to the engagement of Turner
Stone, the Company did not consult with Turner Stone regarding
(a) the application of accounting principles to a specified
transaction, either completed or proposed; (b) the type of audit
opinion that might be rendered on the Companys financial
statements, and neither a written report was provided to the
Company nor oral advice was provided that Turner Stone concluded
was an important factor considered by the Company in reaching a
decision as to an accounting, auditing or financial reporting
issue; or (c) any matter that was the subject of a disagreement
or reportable event as defined in Items 304(a)(1)(iv) and (v),
respectively, of Regulation S-K.
Item 5.02 Departure of Directors and Principal Officers,
Election of Directors, Appointment of Principal Officers
On May 16, 2017, the Board appointed Thomas Gingerich to the
position of Secretary, effective immediately. Mr. Gingerich also
serves as Chief Financial Officer, and will continue to serve in
such capacity.
Mr. Gingerich, 56, joined the Company as Chief Financial Officer
on May 11, 2017. He has 33 years of accounting experience in
public and private practice, specializing in tax compliance,
structures and tax planning. He is a former Partner at Lain,
Faulkner Co, PC specializing in forensic accounting. He is a
Certified Public Accountant and a member of the American
Institute of Certified Public Accountants.
There is no arrangement or understanding with any person to which
Mr. Gingerich was selected as Secretary, and there are no family
relationships between Mr. Gingerich and any director or executive
officer of the Company.
About CYBERSPACE VITA, INC. (OTCMKTS:CYVA)
Cyberspace Vita, Inc. is a development-stage and shell company. The Company’s business plan is to seek, investigate, and, if warranted, acquire one or more properties or businesses, and to pursue other related activities. The acquisition of a business opportunity may be made by purchase, merger, exchange of stock or otherwise, and may encompass assets or a business entity, such as a corporation, joint venture or partnership. The Company’s original business plan was to create and conduct an online business for the sale of vitamins and supplement on the Internet. The Company may enter into a combination with a private business engaged in various line of business, including service, finance, mining, manufacturing, real estate, oil and gas, distribution, transportation, medical, communications, high technology, biotechnology or any other. The Company has not generated any revenues.
