PacificNet Inc.
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): January 19,
2007
PacificNet
Inc.
(Exact
name of registrant as specified in charter)
|
Delaware
(State
or Other Jurisdiction of
Incorporation)
|
000-24985
(Commission
File Number)
|
91-2118007
(I.R.S.
Employer Identification No.)
|
|
23/F,
Tower A, Timecourt
No.
6 Shugang Xili
Chaoyang
District
Beijing,
China
(Address
of Principal Executive Offices)
|
100028
(Zip
Code)
|
Registrant’s
telephone number, including area code: 011-852-2876-2900
(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):
[
] 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))
Item 4.01. Changes
in Registrant’s Certifying Accountants
On
January 19, 2007, PacificNet Inc. (the “Company”) was informed by its principal
independent accountant, Clancy and Co. P.L.L.C. (“Clancy”) that is was resigning
from its engagement with the Company, which resignation was effective
immediately. Clancy was engaged by the Company on March 12, 2002 and resigned
as
of January 19, 2007.
There
were no disagreements between the Company and Clancy on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope
or
procedure, during the two fiscal years of the Company ended December 31, 2004
and 2005 and subsequently up to the date of resignation which disagreements,
if
not resolved to Clancy’s satisfaction, would have caused Clancy to make
reference to the subject matter of the disagreement in connection with its
report issued in connection with the audit of the Company’s financial
statements. None of the reportable events described under Item
304(a)(1)(v)(A)-(D) of Regulation S-K occurred within the two fiscal years
of
the Company ended December 31, 2004 and 2005 and subsequently up to the date
of
resignation. The audit report of Clancy on the financial statements of the
Company as of December 31, 2005 did not contain any adverse opinion or
disclaimer of opinion, and such audit report was not qualified or modified
as to
uncertainty, audit scope or accounting principles. The Company has requested
that Clancy furnish a letter addressed to the Securities and Exchange Commission
stating whether it agrees with the statements made by the Company herein and
will file such letter in an amendment to this Current Report on Form 8-K within
two business days of receipt.
The
Audit
Committee of the Board of Directors of the Company is now engaged in
interviewing and selecting a replacement independent accountant to perform
the
upcoming audit for the fiscal year ended December 31, 2006.
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.
| |
PACIFICNET,
INC.
By:
/s/ Victor
Tong
Name:
Victor Tong
Title:
President
|
| Dated: January 25, 2007 |
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