-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, STtIdGZ5Z8qt4TtoMmZhIWG1PuD2RorRhPa42xQQUmL2hZesmcLGNC7vPvV3mdD5 vTXwWvKl8L4ecx4M8wLhtg== 0001002014-08-000331.txt : 20080423 0001002014-08-000331.hdr.sgml : 20080423 20080423125839 ACCESSION NUMBER: 0001002014-08-000331 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080423 ITEM INFORMATION: Changes in Registrant.s Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080423 DATE AS OF CHANGE: 20080423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARDTREND INTERNATIONAL INC. CENTRAL INDEX KEY: 0001085113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 980204780 STATE OF INCORPORATION: NV FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30013 FILM NUMBER: 08771226 BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 2129076514 MAIL ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 FORMER COMPANY: FORMER CONFORMED NAME: ASIA PAYMENT SYSTEMS INC DATE OF NAME CHANGE: 20050811 FORMER COMPANY: FORMER CONFORMED NAME: ASIA PAYMENT SYSTEMS DATE OF NAME CHANGE: 20040302 FORMER COMPANY: FORMER CONFORMED NAME: ASIAN ALLIANCE VENTURES INC DATE OF NAME CHANGE: 20000203 8-K 1 form8-kfor042308.htm CURRENT REPORT FOR CARDTREND INTERNATIONAL INC. Current Report for Cardtrend International Inc.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
April 22, 2008

CARDTREND INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)

NEVADA  000-30013 
(State or other jurisdiction of incorporation)  (Commission File No.) 

     800 5th Avenue
Suite 4100
Seattle, WA 98104
(Address of principal executive offices and Zip Code)

(206) 447-1379
(Registrant's telephone number, including area code)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[    ]       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
 
[    ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
 
[    ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
   
[    ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
 

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ITEM 4.01     CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT.

Previous independent registered public accounting firm

     On April 22, 2008, we terminated RBSM LLP at 5 West 37th Street, 9th Floor, New York, NY 10018, as our independent registered public accounting firm. The decision to dismiss RBSM LLP as our independent registered public accounting firm was approved by our Board of Directors on April 18, 2008. Except as noted in the paragraph immediately below, the reports of RBSM LLP’s consolidated financial statements for the years ended December 31, 2007 and 2006 and for the period January 1, 2006 through December 31, 2007 did not contain an adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.

     The reports of the RBSM LLP on our consolidated financial statements as of and for the years ended December 31, 2007 and 2006 and for the period January 1, 2006 through December 31, 2007 contained an explanatory paragraph which noted that there was substantial doubt as to our ability to continue as a going concern as we had suffered negative working capital, had experienced negative cash flows from continuing operating activities and also due to uncertainty with respect to our ability to meet short-term cash requirements.

     During the years ended December 31, 2007 and 2006 and for the period January 1, 2006 through December 31, 2007, and through April 22, 2008 we have not had any disagreements with RBSM LLP on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to RBSM LLP’s satisfaction, would have caused it to make reference to the subject matter of the disagreements in its reports on our consolidated financial statements for such years or in connection with its reports in any subsequent interim period through the date of dismissal.

     During the years ended December 31, 2007 and 2006, and through April 22, 2008, there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K.

     On April 22, 2008, we delivered a copy of this report to RBSM LLP. RBSM LLP issued its response. The response stated that it agreed with the foregoing disclosure. A copy of RBSM LLP’s response is attached hereto as Exhibit 16.1.

New independent registered public accounting firm

     On April 23, 2008, we engaged Zhong Yi (Hong Kong) C.P.A. Co. Ltd., 9/F Chinachem Hollywood Centre, 1-13 Hollywood Road, Central, Hong Kong, an independent registered public accounting firm, as our principal independent accountant with the approval of our board of directors. We have not consulted with Zhong Yi (Hong Kong) C.P.A. Co. Ltd. on any accounting issues prior to engaging them as our new auditors.

     During the two most recent fiscal years and through the date of engagement, we have not consulted with Zhong Yi (Hong Kong) C.P.A. Co. Ltd. regarding either:

 


1.       

The application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that Zhong Yi (Hong Kong) C.P.A. Co. Ltd. concluded was an important factor considered by us in reaching a decision as to the accounting, auditing or financial reporting issue; or

 
2.     

Any matter that was either subject of disagreement or event, as defined in Item 304(a)(1)(iv)(A) of Regulation S-K and the related instruction to Item 304 of Regulation S-K, or a reportable event, as that term is explained in Item 304(a)(1)(iv)(A) of Regulation S-K.

 

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS

(d)  Exhibits   
 
              Exhibit No.                         Description of Exhibit 
              16.1  Letter from RBSM LLP 


SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     Dated this 23rd day of April 2008.

CARDTREND INTERNATIONAL INC.

BY:   KING K. NG
         King K. Ng, President and Chief Executive
         Officer

 

 

 

 

 

 


EX-16.1 2 exhibit161.htm LETTER FROM RBSM LLP Exhibit 16.1 - Letter from RBSM LLP

EXHIBIT 16.1

RBSM LLP
CERTIFIED PUBLIC ACCOUNTANTS
NEW YORK, NEW YORK

 

April 22, 2008

Securities and Exchange Commission
Washington, DC 20549

Re:  Cardtrend International, Inc.
File No. 000-30013

Dear Sir or Madam:

     We have read Item 4.01 of the Form 8-K of Cardtrend International, Inc. dated April 22, 2008 and agree with the statements relating only to RBSM LLP, Certified Public Accountants, contained therein.

RBSM LLP

 

 

 

 

 

 

 

 

 


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