ITEM
4.01 CHANGES IN
REGISTRANT'S CERTIFYING ACCOUNTANTS
On
June
26, 2007, the Registrant closed a reverse merger transaction with Harbin SenRun
Forestry Development Limited, a corporation organized and existing under the
laws of the People’s Republic of China (“Harbin SenRun”). Kempisty &
Company, Certified Public Accountants, P.C. was the independent registered
public accountant for Harbin SenRun and Michael J. Larsen, PC was the
independent registered public accountant for the Registrant. The Registrant
decided to dismiss Michael J. Larsen, PC as its independent registered public
accountant effective June 26, 2007 and engage Kempisty & Company, Certified
Public Accountants, as its independent registered public
accountant.
Subsequently,
the Registrant dismissed Michael J. Larsen, PC as the independent
registered public accounting
firm for
the Registrant. Michael J. Larsen, PC
audited the balance sheet of the
Registrant as of December 31, 2006 and the related statements of operations,
stockholders' equity (deficit) and cash flows for the year then ended.
All
of the foregoing audited financial
statements are hereinafter collectively referred to as the “audited financial
statements.” The report of Michael J. Larsen, PC
on
the audited financial
statements
contained no adverse opinion or disclaimer of opinion, and was not qualified
or
modified as to uncertainty, audit scope or accounting principles, except for
an
explanatory paragraph relating to the Registrant's ability to continue as a
"going concern." The dismissal of Michael J. Larsen, PC was approved unanimously
by the Board of Directors.
In
connection with the audit for the
most recent fiscal year by Michael J. Larsen, PC and in connection
with Michael J. Larsen, PC’s review of the subsequent interim periods
through June 26, 2007, there have been no disagreements between the Registrant
and Michael J. Larsen, PC on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which, if not
resolved to the satisfaction of Michael J. Larsen, PC would have caused it
to
make reference thereto in its report on the Registrant’s financial statements
for these periods.
The
Registrant has made the contents of
this Form 8-K filing available to Michael J. Larsen, PC and requested it to
furnish a letter to the Securities and Exchange Commission as to whether Michael
J. Larsen, PC agrees or disagrees with, or wishes to clarify the Registrant’s
expression of its views. A copy of Michael J. Larsen, PC’s letter to the SEC is
included as an exhibit to this filing. In the previous Form 8-K filing made
on
January 30, 2008, a letter was included for Michael J. Larsen, PC which
purported to express its views on the filing. Michael J. Larsen, PC did not
provide nor did it author such letter and the filing of that letter was in
error. However, Michael J. Larsen, PC has reviewed this Form 8-K/A filing and
provided the letter which is attached hereto.
On
June 26, 2007, the Registrant engaged
Kempisty & Company, Certified Public Accountants, as its independent
registered public accounting firm. The Registrant has not consulted with
Kempisty & 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.