SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): Sept 6, 2019
Sino United Worldwide Consolidated Ltd.
(Exact name of Company as specified in its charter)
(State or other jurisdiction
136-20 38th Ave. Unit 12F, Flushing, NY 11354
(Address of principal executive offices) (Zip Code)
Company’s telephone number, including area code
(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 Company under any of the following provisions:
|☐||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))|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 4. Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Company's Certifying Accountant.
(1) Previous Independent Registered Public Accounting Firm
|(i)||On Sept 3, 2019, Sino United Worldwide Consolidated Ltd. (the “Company”) dismissed its independent registered public accounting firm, Yichien Yeh, CPA.|
|(ii)||Yichien Yeh, CPA did not issue any reports during the period from August 14, 2019 through September 3, 2019 (date of dismissal).|
|(iii)||The decision to change independent registered public accounting firm was approved by the Board of Directors of the Company.|
|(iv)||During the period from August 14, 2019 through September 3, 2019 (date of dismissal), (a) there were no disagreements with Yichien Yeh, CPA 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 Yichien Yeh, CPA would have caused it to make reference thereto in its reports on the financial statements for such years and (b) there were no “reportable events” as described in Item 304(a)(1)(v) of Regulation S-K.|
|(v)||On September 5, 2019 the Company provided Yichien Yeh, CPA with a copy of this Current Report and has requested that it furnish the Company with a letter addressing to the U.S. Securities and Exchange Commission stating whether it agrees with the above statements. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K.|
(2) New Independent Registered Public Accounting Firm
On September 4, 2019, concurrent with the dismissal of Yichien Yeh, CPA, the Company, upon the board of directors’ approval, engaged James Pai CPA PLLC as its new independent registered public accounting firm to audit and review the Company’s financial statements effective immediately. During the two most recent years ended December 31, 2017 and 2018, and any subsequent period through the date hereof prior to the engagement of James Pai CPA PLLC the Company, nor someone on its behalf, has consulted James Pai CAP PLLC regarding:
|(i)||Either; the application of accounting principles to a 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 the new accountant concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or|
|(ii)||Any matter that was either the subject of a disagreement as defined in paragraph 304(a)(1)(iv) of Regulation S-K or a reportable event as described in paragraph 304(a)(1)(v) of Regulation S-K.|
Section 9. Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired: None
(b) Pro-Forma Financial Statements: None
|Letter of Yichien Yeh, CPA dated September 6, 2019 to the U.S. Securities and Exchange Commission.|
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.
|Sino United Worldwide Consolidated Ltd.|
|Date: September 6, 2019||By:||/s/ Yanru Zhou|
Chief Executive Officer
Yichien Yeh, CPA
21738 51st AVENUE OAKLAND GARDENS, NY 11364 TEL (646) 243-0425 FAX (646) 389-0987
September 6, 2019
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Ladies and Gentlemen:
We have read Item 4.01 of Form 8-K dated September 6, 2019 of Sino United Worldwide Consolidated Ltd. and are in agreement with the statements contained therein as they pertain to our firm.
We have no basis to agree or disagree with any other statements made in Item 4.01 of such report.
Yichien Yeh, CPA