Highlight Networks, Inc. (OTCMKTS:HNET) Files An 8-K Other Events

25

Highlight Networks, Inc. (OTCMKTS:HNET) Files An 8-K Other Events

Item 8.01.

SECTION 4 MATTERS RELATED TO ACCOUNTANTS AND FINANCIALS
STATEMENTS

Item 4.01 Changes in Registrant’s Certifying
Accountant

(a) Dismissal of Independent Registered Public Accounting Firm.

On January 13, 2017 the board of director (the Board) and
principal officer of Highlight Networks, Inc. (the Company)
dismissed Malone Bailey LLP (MB) as the independent registered
public accounting firm of the Company effective immediately. From
April 23, 2013 (date of engagement) through to the date of this
Current Report on Form 8-K, (1) there were no disagreements with
MB on any matter of accounting principles or practices, financial
statement disclosure, or procedure, which, if not resolved to the
satisfaction of MB, would have caused MB to make reference to the
subject matter of the disagreements in connection with their
report, and (2) there were no reportable events as that term is
defined in Item 304(a)(1)(v) of Regulation S-K. (3) MB did not
provide any audit or review services from its last review on Form
10-Q dated March 31, 2015 due to the Companys inability to
maintain its Exchange Act reporting obligations.

The Company provided MB with a copy of this Current Report on
Form 8-K and requested that MB furnish the Company with a letter
addressed to the US Securities and Exchange Commission stating
whether it agrees with the statements contained herein. The
letter known as Exhibit 16.1 has been filed with this Current
Report on Form 8-K/A.

(b) New Independent Registered Public Accounting Firm

On January 13, 2017, the Company engaged De Leon Company, P.A.
(De Leon) as our new independent principal accountant to audit
the Companys financial statements and to perform reviews of
interim financial statements. During the two most recent fiscal
years ended June 30, 2015 and June 30, 2016 and during the
subsequent interim period from July 1, 2015 through January 13,
2017, neither the Company nor anyone on its behalf consulted De
Leon regarding either (i) 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 Company’s financial statements, and neither a written report
nor oral advice was provided to the Company that De Leon
concluded was an important factor considered by the Company in
reaching a decision as to any accounting, auditing or financial
reporting issue, or (ii) any matter that was either the subject
of adisagreementor areportable event, each as defined in
Regulation S-K Item 304(a)(1)(v), respectively.


SECTION 8 OTHER EVENTS

Item 8.01

On December 29, 2016, the Company received a letter stating it
was not in compliance with its reporting requirements under
Section 13(a) of the Securities and Exchange Act of 1934. The
Company and its auditor, De Leon Company, P.A., responded to the
U.S. Securities and Exchange Commission and discussed that it was
in the process of becoming fully compliant with its reporting
requirements.

SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statement and Exhibits

(d) Exhibits:

Exhibit No. Document Location

16.1

Letter from Malone Bailey LLP, dated February 15, 2017, to
the Securities and Exchange Commission.
Filed herewith


About Highlight Networks, Inc. (OTCMKTS:HNET)

Highlight Networks, Inc. is a development-stage company engaged in the business of planning, development and operation. The Company is engaged in organizational and equity fund-raising activities. The Company focuses on recycling, refining, metals trading and assisting in metal recovery, with a focus on precious metals refining from electronic waste. The Company is also engaged in third party contract services. The Company has not generated any revenue.

Highlight Networks, Inc. (OTCMKTS:HNET) Recent Trading Information

Highlight Networks, Inc. (OTCMKTS:HNET) closed its last trading session 00.0000 at 0.0346 with shares trading hands.

An ad to help with our costs