Inventure Group, Inc. - Current report filing (8-K)
17 July 2008 - 4:08AM
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)
July 14,
2008
The
Inventure Group, Inc.
(Exact name of
registrant as specified in its charter)
Delaware
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1-14556
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86-0786101
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(State or other
jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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5050 N.
40
th
St., Suite 300, Phoenix, AZ
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85018
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(Address of
principal executive offices)
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(Zip Code)
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Registrants
telephone number, including area code
(623) 932-6200
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(Former name or
former address, if changed since last report.)
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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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Item 4.01 Change in Registrants Certifying
Accountants
On
July 14, 2008, The Inventure Group, Inc. (the Company) informed
Deloitte & Touche LLP (Deloitte) that Deloitte was being dismissed
as the Companys principal accountants, effective immediately. The
decision to dismiss Deloitte was approved by the Audit Committee of the Companys
Board of Directors.
On
July 15, 2008, the Company engaged Moss Adams LLP (Moss Adams) as its
new principal accountants for the year ending December 27, 2008. The
decision to engage Moss Adams was approved by the Companys Audit Committee.
Deloittes
audit reports on the Companys consolidated financial statements as of and for
the years ended December 29, 2007 and December 30, 2006 did not
contain an adverse opinion or a disclaimer of opinion and were not qualified or
modified as to uncertainty, audit scope or accounting principles.
During
the years ended December 29, 2007 and December 30, 2006, and in the
subsequent interim period through March 29, 2008, there were: (i) no
disagreements between the Company and Deloitte on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of
Deloitte, would have caused Deloitte to make reference to the subject matter of
the disagreement in their reports on the financial statements for such years,
and; (ii) no reportable events as that term is defined in Item 304(a)(1)(v) of
Regulation S-K.
The
Company provided Deloitte with a copy of the disclosures it is making in this
Current Report on Form 8-K (Report) prior to the time the Report was
filed with the Securities and Exchange Commission (SEC). The Company
requested that Deloitte furnish a letter addressed to the SEC stating whether
or not it agrees with the statements made herein. A copy of Deloittes
letter dated July 16, 2008 is attached as Exhibit 16.01 hereto.
In
deciding to engage Moss Adams, the Audit Committee reviewed auditor
independence issues and prior commercial relations with Moss Adams and
concluded that Moss Adams has no commercial relationship with the Company that
would impair its independence for the year ended December 27, 2008.
During the years ended December 29, 2007 and December 30, 2006 and in
the subsequent interim period through March 29, 2008, neither the Company
nor anyone acting on its behalf has consulted with Moss Adams on any of the
matters or events set forth in Item 304(a)(2) of Regulations S-K.
SIGNATURE
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.
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The Inventure Group, Inc.
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(Registrant)
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Date
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July 16, 2008
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/s/ Steve Weinberger
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(Signature)
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Steve Weinberger
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Chief Financial Officer
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