SUMMIT NETWORKS INC (TYO:8053) Files An 8-K Changes in Registrant’s Certifying Accountant

SUMMIT NETWORKS INC (TYO:8053) Files An 8-K Changes in Registrant’s Certifying Accountant

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(a) On March 9, 2017, the Board of Directors of the Registrant
received the resignation of BF Borgers, CPA PC as the
companys independent auditor.
(b) There were no disagreements with BF Borgers, CPA PC whether
or not resolved, on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope
or procedure, which, if not resolved to BF Borgers, CPA PC’s
satisfaction, would have caused it to make reference to the
subject matter of the disagreement in connection with its
report on the registrant’s financial statements.
(c) The registrant requested that BF Borgers, CPA PC furnish it
with a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above
statements. The letter has been included as Exhibit 16 to
this 8-K.
(d) The Companys Board of Directors has engaged Zia Masood Kiani
and Co to serve as the Company’s independent registered
public accounting firm effective March 13, 2017.
(e) During the Company’s fiscal years ended July 31, 2016 and
2015, and the subsequent interim period from August 1, 2016
to the date of this report, the Company did not consult with
Zia Masood Kiani and Co regarding any of the matters set
forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.


a) Not Applicable.

b) Not Applicable.

c) Exhibits

Exhibit 16

Letter from BF Borgers, CPA PC


Sumitomo Corporation is an integrated trading company. The Company is engaged in trading a range of goods and commodities, and in various business activities. It operates through five business segments: Metal Products, which includes various metal products, such as steel products and non-ferrous metal products; Transportation & Construction Systems, which is engaged in transactions involving ships, aircrafts, transportation systems, motor vehicles, construction equipment, and related components and parts; Environment & Infrastructure, which is engaged in a range of overseas infrastructure development projects, such as power generation, and Procurement and Construction (EPC); Media, Network, Lifestyle Related Goods & Services, which is engaged in cable television (TV) operations and movie business, among others, and Mineral Resources, Energy, Chemical & Electronics, which is engaged in the development and trading of mineral and energy resources and commodity derivative transactions.

SUMMIT NETWORKS INC (TYO:8053) Recent Trading Information

SUMMIT NETWORKS INC (TYO:8053) closed its last trading session up +3.00 at 1,521.50 with 4,627,900 shares trading hands.

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