Current Report Filing (8-k)
01 August 2014 - 2:47PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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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 17, 2014
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JACOBS FINANCIAL GROUP, INC.
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(Exact name of Registrant as specified in its charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-21210 84-0922335
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(Commission File Number) (I.R.S. Employer Identification Number)
300 Summers Street, Suite 970, Charleston, West Virginia 25301
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(Address of Principal Executive Offices) (Zip Code)
(304) 343-8171
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(Registrant's Telephone Number, Including Area Code)
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(Former name, former address and former fiscal year,
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:
|_| 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))
SECTION 4 - MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
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Effective July 17, 2014, Malin, Bergquist & Company, LLP ("Malin") resigned from
the Registrant as its independent registered public accounting firm as a result
of a merger. The Board of Directors of the Registrant accepted Malin's
resignation.
Neither the report of Malin for the years ended May 31, 2011 and 2012, contained
an adverse opinion or disclaimer of opinion, or was qualified or modified as to
uncertainty, audit scope or accounting principles, except that the Registrant's
audited financial statements in its Form 10-K for the years ended May 31, 2011
and 2012 contained a going concern qualification. We have had no disagreements
with Malin, whether or not resolved, on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure,
which, if not resolved to Malin's satisfaction would have caused them to make
reference to the subject matter of the disagreement in connection with their
reports on the financial statements.
We have provided Malin with a copy of the foregoing disclosure, and have
requested that it furnish us with a letter addressed to the Securities and
Exchange Commission stating whether or not it agrees with such disclosure. We
are including as an exhibit to this Form 8-K a copy of the letter from Malin as
required by Item 304(a)(3) of Regulation S-K.
There were no disagreements or other "reportable events" as that term is
described in Item 304(a)(1)(iv) and Item 304(a)(1)(v), respectively, of
Regulation S-K, occurring within the Registrant's two most recent fiscal years
and the subsequent interim periods through the date of dismissal.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
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d) Exhibits -
16.1 - Letter from Malin, Bergquist & Company, LLP
SIGNATURES
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.
Jacobs Financial Group, Inc.
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(Registrant)
/s/ John M. Jacobs
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Date: July 31, 2014 John M. Jacobs
President
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EXHIBIT 16.1
Malin, Bergquist & Company, LLP
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CERTIFIED PUBLIC ACCOUNTANTS & BUSINESS ADVISORS
July 31, 2014
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549-7561
Dear Sirs/Madams:
We have read Item 4.01 of Jacobs Financial Group, Inc.'s Form 8-K dated July 31,
2014 and are in agreement with the statements contained therein to the extent
they relate to our firm. We have no basis to agree or disagree with other
statements of the registrant contained therein.
Yours truly,
/s/ Malin, Bergquist & Company, LLP
MALIN, BERGQUIST & COMPANY, LLP