Unified Signal, Inc. (OTCMKTS:UNSI) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01. Changes in Registrants Certifying Accountant
(a) Previous independent accountant
On January 3, 2017, Unified Signal, Inc. (the Company) notified
MaloneBailey, LLP (MaloneBailey) in writing that it had decided
to dismiss MaloneBailey as the Companys independent registered
public accounting firm. The decision to dismiss MaloneBailey was
made and approved by the Companys Board of Directors. The Company
had intended to provide MaloneBailey such written notice on or
about September 10, 2016.
MaloneBailey was originally appointed as the Companys independent
registered public accounting firm on January 29, 2016.
MaloneBailey did not perform any audit work for the Company in
2014. Additionally, MaloneBailey did not review in any capacity
the Quarterly Report on Form 10-Q for the period ended March 31,
2016 filed with the Securities and Exchange Commission (the SEC)
on January 3, 2017 (the March 10-Q).
The audit report of MaloneBailey on the Companys financial
statements for the fiscal year ended December 31, 2015 did not
contain an adverse opinion or disclaimer of opinion, nor were
they qualified or modified as to audit scope, or accounting
principles except the MaloneBailey report for this fiscal year
ended contained a going concern uncertainty. This uncertainty
expressed substantial doubt about the Companys ability to
continue as a going concern based on the Companys accumulated
deficit, net losses and negative cash from for the fiscal year
ended December 31, 2015.
During the two most recent fiscal years through January 3, 2017,
the Company had no disagreements with MaloneBailey on any matter
of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement,
if not resolved to their satisfaction, would have caused
MaloneBailey to make reference to the subject matter of the
disagreement in connection with its report. In addition, during
that time there were no reportable events (as defined in Item
304(a)(1)(v) of Regulation S-K).
The Company has provided MaloneBailey with a copy of the
disclosures required by Item 304(a) contained in this Report on
Form 8-K and has requested that MaloneBailey furnish the Company
with a letter addressed to the SEC stating whether MaloneBailey
agrees with the statements made by the registrant in this Form
8-K and, if not, stating the respects in which it does not agree.
A copy of MaloneBaileys letter dated January 5, 2017 filed as
Exhibit 16.1 to this Current Report on Form 8-K.
(b) New independent accountant
Effective as of September 16, 2016, the Company engaged
Enterprise CPAs, Ltd. (Enterprise) as its new independent
registered public accounting firm. The decision to engage
Enterprise was made and approved by the Companys Board of
Directors. Enterprise reviewed the March 10-Q prior to its filing
with the SEC.
During the two most recent fiscal years, the Company has not
consulted with Enterprise 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 subject of a disagreement (as that term is
defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable
event (as that term is described in Item 304(a)(1)(v) of
Regulation S-K).
Item 5.02 Departure of Directors or Certain Officer; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
(a) Name of new director and date of appointment
On January 3, 2017, Amir Bayyan was appointed as a member of
the Board of Directors of the Company via unanimous written
consent of the then current members of the Board of Directors.
(b) Arrangements or understandings
There are no arrangements or understandings between Mr. Bayyan
and any other persons to which Mr. Bayyan was selected as a
director.
(c) Committees of the Board of Directors
Mr. Bayyan has not been appointed and is not expected to be
appointed to any committees of the Board of Directors as of the
date of this filing.
(d) Related party transactions
There are no related party transactions with respect to Mr.
Bayyan reportable under Item 5.02 of Form 8-K and Item 404(a)
of Regulation S-K.
(e) Compensatory arrangements
The Company has not entered into any other compensatory
arrangements, agreements, contracts, or plans with Mr. Bayyan
at the time of this filing. However, the Company does plan to
enter into such an agreement with Mr. Bayyan at some point in
the future and will report any arrangement at such time.
Item 9.01. Financial Statements and Exhibits
|
Exhibit No. |
Description of Exhibit |
|
|
16.1* |
MaloneBailey, LLP letter addressed to the Securities and Exchange Commission. |
__________
* filed herewith
About Unified Signal, Inc. (OTCMKTS:UNSI)
Unified Signal, Inc. is a communications company. The Company, through its subsidiaries, offers a range of mobile broadband products and services. The Company offers products and services to individual consumers, businesses, government subscribers and resellers. The Company is primarily a wireless communications service provider that obtains bulk access to wireless network infrastructure owned by the wireless carries or other host network operators, and then resells that access to wholesale distributors, including Mobile Virtual Network Operators (MVNOs) and Mobile Virtual Network Enablers (MVNEs). The Company’s turnkey software as a service (SaaS) system allows its clients to provide services with its technology partners, including carrier audit and carrier call detail records (CDR) remediation for Pre and Post-Paid Cellular, Voice over Internet Protocol (VoIP), Internet, Long Distance and mobile commerce. Unified Signal, Inc. (OTCMKTS:UNSI) Recent Trading Information
Unified Signal, Inc. (OTCMKTS:UNSI) closed its last trading session down -0.0023 at 0.0377 with 11,700 shares trading hands.
