LIVE VENTURES INCORPORATED (NASDAQ:LIVE) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01. Changes in Registrants Certifying Accountant.
(a) On April 27, 2017, Live Ventures Incorporated (the Company)
engaged BDO USA, LLP (BDO) as its independent registered public
accounting firm and dismissed Anton Chia, LLP (AC) from that
role. The change in accountants was approved by the Companys
Audit Committee.
The audit report of AC on the Companys financial statements for
the fiscal years ended September 30, 2016 and 2015 contained no
adverse opinion or disclaimer of opinion and was not qualified or
modified as to uncertainty, audit scope or accounting principles.
During the Companys two most recent fiscal years ended September
30, 2016 and 2015 and for the subsequent interim period through
April 27, 2017, the Company had no disagreements (as described in
Item 304(a)(1)(iv) of Regulation S-K) with AC on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements,
if not resolved to the satisfaction of AC, would have caused it
to make reference in connection with its opinion to the subject
matter of the disagreements.
During the Companys two most recent fiscal years ended September
30, 2016 and 2015, and for the subsequent interim period through
April 27, 2017, there was no reportable event within the meaning
of Item304(a)(1)(v)of Regulation S-K.
In accordance with Item 304(a)(3) of Regulation S-K, we furnished
AC with a copy of this Form 8-K on April 27, 2017, providing AC
with the opportunity to furnish the Company with a letter
addressed to the Securities and Exchange Commission stating
whether it agrees with the statements made by the Company herein
in response to Item 304(a) of Regulation S-K as the same pertains
to AC and, if not, stating the respect in which it does not
agree. A copy of ACs response is filed as Exhibit 16.1 to this
Report.
(b) On April 27, 2017, the Company engaged BDO as the Companys
new independent registered public accounting firm effective
immediately. The retention of BDO was approved by the Audit
Committee. During the Companys two most recent fiscal years ended
September 30, 2016 and 2015 and for the subsequent interim period
through April 27, 2017,, neither the Company, nor anyone on
behalf of the Company consulted with BDO 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 Companys financial
statements, or (ii) any matter that was either the subject of a
disagreement as described in Item 304(a)(1)(iv) of Regulation S-K
or a reportable event within the meaning of Item304(a)(1)(v)of
Regulation S-K.
Item 9.01. Financial Statements and
Exhibits
(d) Exhibits
| Exhibit No. | Description |
| 16.1 | Letter from Anton Chia, LLP., dated April 27, 2017 |
About LIVE VENTURES INCORPORATED (NASDAQ:LIVE)
Live Ventures Incorporated, formerly LiveDeal, Inc., is a holding company. The Company offers LiveDeal.com, a real-time deal engine that connects restaurants across the United States and consumers via a platform. The Company operates in three segments: legacy merchant’s services; online marketplace platform, and manufacturing. The legacy merchants’ services segment consists of local exchange carrier (LEC) and Velocity Local. The online marketplace platform segment consists of LiveDeal.com and various consumer products entities. The manufacturing segment includes the operations of Marquis Industries, Inc. (Marquis Industries). Marquis Industries is a carpet manufacturer and a manufacturer of yarn products, as well as a reseller of hard surface flooring products. LiveDeal.com provides marketing solutions to restaurants to boost customer awareness and merchant visibility on the Internet. LIVE VENTURES INCORPORATED (NASDAQ:LIVE) Recent Trading Information
LIVE VENTURES INCORPORATED (NASDAQ:LIVE) closed its last trading session down -0.04 at 15.70 with 6,882 shares trading hands.