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 18, 2007
ALPHA SECURITY GROUP CORP.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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001-33354
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03-0561397 |
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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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328 West 77th Street, New York, New York
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10024 |
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(Address of Principal Executive Offices)
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(Zip Code) |
Registrants telephone number, including area code: (212) 877-1588
(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
Item 4.01. Changes in Registrants Certifying Accountant.
On December 18, 2007, Alpha Security Group Corp. (the Company) was notified that the
partners of Goldstein Golub Kessler LLP (GGK) became partners of McGladrey & Pullen, LLP
(McGladrey & Pullen) in a limited asset purchase agreement and that GGK resigned as independent
registered public accounting firm for the Company. McGladrey & Pullen was appointed as the
Companys new independent registered public accounting firm.
The audit reports of GGK on the financial statements of the Company as of and for the years
ended December 31, 2006 and December 31, 2005 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. GGKs 2006 and 2005 audit report relating to GGKs audit of Companys financial
statements for the fiscal years ended December 31, 2006 and December 31, 2005, included an
emphasis paragraph relating to an uncertainty as to the Companys ability to continue as a going
concern.
The decision to engage McGladrey & Pullen, LLP was approved by the audit committee of the
board of directors on December 18, 2007.
During the Companys most two recent fiscal years ended December 31, 2006 and 2005 and
through December 18, 2007, the Company did not consult with McGladrey & Pullen on (i) the
application of accounting principles to a specified transaction, either completed or proposed, or
the type of audit opinion that may be rendered on the Companys financial statements, and McGladrey
& Pullen did not provide either a written report or oral advice to the Company that was an
important factor considered by the Company in reaching a decision as to any accounting, auditing,
or financial reporting issue; or (ii) the subject of any disagreement, as defined in Item 304
(a)(1)(iv) of Regulation S-K and the related instructions, or a reportable event within the meaning
set forth in Item 304(a)(1)(v) of Regulation S-K.
In connection with the audits of the Companys financial statements for the fiscal year ended
December 31, 2006 and 2005 and through the date of this Current Report, there were: (i) no
disagreements between the Company and GGK on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures, which disagreements, if not
resolved to the satisfaction of GGK, would have caused GGK to make reference to the subject matter
of the disagreement in their reports on the Companys financial statements for such years, and (ii)
no reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.
The Company has provided GGK a copy of the disclosures in this Form 8-K and has requested that
GGK furnish it with a letter addressed to the Securities and Exchange Commission stating whether or
not GGK agrees with the Companys statements in this Item 4.01(a). A copy of the letter dated
December 18, 2007, furnished by GGK in response to that request is filed as Exhibit 16.2 to this
Form 8-K.
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