New Media Insight Group, Inc. (OTCMKTS:NMED) Files An 8-K Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
Item 4.02
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. |
On June 20, 2017 the Company realized that due to a series of
inadvertent miscommunications between the Company and its
independent auditor the Form 10-Qs filed on June 13, 2017 for the
periods ended October 31, 2015 and January 31, 2016 had not been
reviewed and approved for filing by the Companys independent
auditor.
The Company has been in the process of catching up all filings
and has provided all quarterly and yearly financial statements
and Forms 10-Q and 10-K to the independent auditor. During the
process of communication on financial statements, the Company and
auditor agreed that the forms were ready to be edgarized for
further review. In a telephonic communication, the Companys
President misunderstood a conversation as granting filing
permission for the two filed 10-Qs.
Upon realizing the error the independent auditor informed the
Company and has now begun a review of the subject filings. Until
such review is completed, the Company and the independent auditor
agree that the filed financial statements should not be relied
upon and that amended Form 10-Qs will be filed upon satisfactory
completion of the review by the auditor.
The Companys President is communicating with the auditor on this
matter and both are working to quickly ensure that amended Form
10-Qs are filed as soon as possible.
The independent auditor has been provided a copy of the
disclosures in this report prior to the filing with the SEC. A
copy of Green Company, CPAs letter dated June 22, 2017 stating
whether it agrees with the disclosures in this report is filed as
Exhibit 16.1.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits |
Exhibit No. | Description | |
16.1 | Letter from Green Company, CPAs |
NEW MEDIA INSIGHT GROUP, INC. ExhibitEX-16.1 2 ex16-1.htm June 22,…To view the full exhibit click here