Current Report Filing (8-k)
30 December 2016 - 1:51AM
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): December 20, 2016
Financial Gravity
Companies, Inc.
–
(Exact name of registrant as specified
in its charter)
Nevada
–
(State or other jurisdiction of incorporation)
333-144504
–
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20-4057712
–
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(Commission File Number)
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(IRS Employer Identification No.)
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800 N. Watters
Rd., Suite 120, Allen, Texas 75013
.
(Address of principal executive offices) (Zip
Code)
Registrant’s telephone number,
including area code:
(469) 342-9100
________________________________________________
(Former name or former address, if changed
since last report)
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))
Item 4.01 Changes in Registrant’s
Certifying Accountant
Previous registered public accounting
firm
On December 20, 2016,
the firm of Lane Gorman Trubitt, LLC (“Lane Gorman”) resigned as auditors of Financial Gravity Companies, Inc. (the
“Company”). This action was in response to concerns about the independence of Lane Gorman based on the firm’s
involvement in the preparation of footnote disclosures on prior audit reports for the years ended December 31, 2015 and 2014. These
concerns were highlighted in comment letters received from the SEC dated November 8, 2016 and December 12, 2016. Lane Gorman determined
that resignation was the most prudent action to take, in order for the Company to timely engage a new firm and complete a new audit
of the
financial statements for the
two years ended September 30, 2016 and 2015.
Lane Gorman’s
reports on the
Company’s
financial statements
for the past two years did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified
as to uncertainty, audit scope, or accounting principles.
During
the Company’s
two most recent fiscal years and any subsequent interim period
preceding
Lane Gorman’s
resignation, there were no disagreements with
Lane
Gorman
on any matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedure.
During
the Company’s
two most recent fiscal years and any subsequent interim period
preceding
Lane Gorman’s
resignation
, there were no “reportable
events” (as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K).
The Company has provided
Lane Gorman with a copy of the above disclosures. A copy of Lane Gorman’s letter to the U.S. Securities and Exchange Commission
required by Item 304(a) of Regulation S-K is included as Exhibit 16.1 to this Report.
New registered public accounting
firm
On December 26, 2016
(the “Engagement Date”), the Company engaged the firm of Whitley Penn LLP (“Whitley Penn”) as the new independent
auditors for the years ended September 30, 2016 and 2015. The decision to engage Whitley Penn as the Company’s independent
registered public accounting firm was approved by the Company’s Board of Directors.
During the two most
recent fiscal years and through the Engagement Date, the Company has not consulted with Whitley Penn regarding either:
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1.
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The application of accounting principles to any specified
transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial
statements, and neither a written report was provided to the Company nor oral advice was provided that Whitley Penn concluded
was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting
issue; or
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2.
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Any matter that was either the subject of a “disagreement”
(as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K and the related instructions thereto) or a “reportable
event” (as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K).
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Item 9.01 Financial
Statements and Exhibits
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16.1
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Acknowledgement letter
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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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FINANCIAL GRAVITY COMPANIES, INC.
(Registrant)
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Date: December 28, 2016
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By:
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/s/ John Pollock
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Name: John Pollock
Title: Chairman/Chief Executive Officer
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