China Forestry Inc - Current report filing (8-K)
30 Janvier 2008 - 10:49PM
Edgar (US Regulatory)
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):
January 23, 2008
CHINA
FORESTRY INC.
(formerly
Patriot Investment
Corporation)
(Exact
Name of Registrant as Specified in Charter)
Nevada
(State
or
Other Jurisdiction of Incorporation)
000-25765
(Commission
File Number)
87-0429748
(I.R.S.
Employer Identification No.)
Room
517, No. 18 Building
Nangangjizhoing
District
Hi-Tech
Development Zone
Harbin,
People’s Republic of
China
(Address
of Principal Executive Offices) (Zip Code)
011-86-0451-87011257
(Registrant's
Telephone Number, Including Area Code)
6269
Jamestown Court
Salt
Lake City,
UT 84121
(Former
Name or Former Address, if changed since last report)
This
Current Report on Form 8-K is filed by China Forestry Inc. (formerly Patriot
Investment Corporation), a Nevada corporation (the “Registrant”), in connection
with the items described below.
ITEM
4.01
CHANGES IN REGISTRANT'S
CERTIFYING
ACCOUNTANTS
(a)
On January 23, 2008, the Registrant dismissed Kempisty & Company,
Certified Public Accountants, as the independent
registered public accounting
firm for
the Registrant.
Kempisty & Company,
had been the independent
registered
public accounting firm for and
reviewed the balance sheets for the
quarters ended June 30, 2007 and September 30, 2007 of the Registrant
and the related consolidated statements of operations, cash flows and
stockholders' equity (deficit) for the quarters then ended.
All
of the foregoing unaudited consolidated
financial statements are hereinafter collectively referred to as the
“consolidated financial statements.” The review performed by Kempisty &
Company
of
the consolidated
financial statements for the two quarters contained no adverse opinion or
disclaimer of opinion, and were not qualified or modified as to uncertainty,
scope or accounting principles. The dismissal of Kempisty & Company was
approved unanimously by the Board of Directors.
In
connection with Kempisty &
Company’s reviews of the interim periods through January 23, 2008, there have
been no disagreements between the Registrant and Kempisty & Company on any
matter of accounting principles or practices, financial statement disclosure,
or
scope or procedure, which, if not resolved to the satisfaction of Kempisty
&
Company would have caused it to make reference thereto in their review of
the
Registrant’s financial statements for these periods.
The
Registrant has made the contents of
this Form 8-K filing available to Kempisty & Company and requested it to
furnish a letter to the Securities and Exchange Commission as to whether
Kempisty & Company agrees or disagrees with, or wishes to clarify
Registrant’s expression of its views. A copy of Kempisty & Company’s letter
to the SEC is included as an exhibit to this filing.
(b)
On January 23, 2008, the Registrant engaged Turner, Stone & Company,
Certified Public Accountants, as its independent registered public accounting
firm. The Registrant has not consulted with Turner, Stone & Company
regarding the application of accounting principles to any contemplated or
completed transactions nor the type of audit opinion that might be rendered
on
the Registrant's financial statements, and neither written nor oral advice
was
provided that would be an important factor considered by the Registrant in
reaching a decision as to an accounting, auditing or financial reporting
issue.
ITEM
9.01
FINANCIAL
STATEMENTS AND
EXHIBITS
(c)
Exhibit
16.1
|
Letter
from Kempisty &
Company, Certified Public Accountants, to the Securities and
Exch
ange Commission
dated January 28
,
2008
|
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 hereunder duly
authorized.
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CHINA
FORESTRY
INC.
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|
|
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By:
/s/
Yuan Tian
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Yuan
Tian, Chief Executive Officer
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DATED: January
30,
2008
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