UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 19, 2008 (June 19, 2008)
ABLEAUCTIONS.COM, INC.
(Exact name of Registrant as specified in charter)
Florida
000-28179
59-3404233
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
Identification Number)
Suite 2000 - 1963 Lougheed Highway
Coquitlam, British Columbia Canada
(Address of principal executive offices)
Registrants telephone number, including area code: 604-521-3369
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 CFR240.14a-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 240.13(e)-4(c))
Item 4.
01
Changes in Registrants Certifying Accountant.
STS Partners LLP, Chartered Accountants, the independent accountant who had been engaged by Ableauctions.com, Inc. (the registrant) as the principal accountant to audit the registrants consolidated financial statements, was dismissed effective June 19, 2008. On June 19, 2008, the registrants Board of Directors approved the engagement of Cinammon Jang Willoughby & Company, Chartered Accountants as the registrants new principal independent accountant to audit the registrants consolidated financial statements for the year ending December 31, 2008.
The decision to change the registrants independent accountant from STS Partners LLP, Chartered Accountants to Cinammon Jang Willoughby & Company, Chartered Accountants was approved by the Audit Committee of the registrants Board of Directors.
The report of STS Partners LLP, Chartered Accountants on the financial statements of the registrant as of and for the year ended December 31, 2007 (the only year that was audited by STS Partners LLP, Chartered Accountants) did not contain an adverse opinion, or a disclaimer of opinion. During the period ended December 31, 2007 and the interim period from January 1, 2008 through the date of dismissal, the registrant did not have any disagreements with STS Partners LLP, Chartered Accountants 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 STS Partners LLP, Chartered Accountants, would have caused it to make a reference to the subject matter of the disagreements in connection with its reports.
Prior to engaging Cinammon Jang Willoughby & Company, Chartered Accountants , the registrant had not consulted Cinammon Jang Willoughby & Company, Chartered Accountants , regarding the application of accounting principles to a specified transaction, completed or proposed, or the type of audit opinion that might be rendered on the registrants financial statements.
Item 9.01
Financial Statements and Exhibits
16
Letter re Change in Certifying Accountant.
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.
ABLEAUCTIONS.COM, INC.
/s/ Abdul Ladha
Abdul Ladha, Chief Executive Officer
Dated: June 19, 2008