U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 20, 2003 POINT GROUP HOLDINGS, INCORPORATED (Exact name of registrant as specified in its charter) Nevada (State or jurisdiction of incorporation or organization) 0-29113 (Commission File Number) 54-1838089 (I.R.S. Employer Identification Number) 1535 Blackjack Road, Franklin, Kentucky 42134 (Address of principal executive offices) (Zip Code) Registrant's telephone number: (270) 598-0385 3744 Poe Street, San Diego, California 92107 (Former name or former address, if changed since last report) ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT. (a) Effective on November 20, 2003, the independent accountant who was previously engaged as the principal accountant to audit the Registrant's financial statements, Beckstead and Watts, LLP, resigned. This firm audited the Registrant's financial statements for the fiscal year ended December 31, 2002. This firm's report on these financial statements was modified as to uncertainty that the Registrant will continue as a going concern; other than this, the accountant's report on the financial statements for those periods neither contained an adverse opinion or a disclaimer of opinion, nor was qualified or modified as to uncertainty, audit scope, or accounting principles. During the Registrant's most recent fiscal year and the subsequent interim period preceding such resignation, there were no disagreements with the former accountant on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. In addition, there were no "reportable events" as described in Item 304(a)(1)(iv)(B)1 through 3 of Regulation S-B that occurred within the Registrant's most recent fiscal year and the subsequent interim period preceding the former accountant's resignation. (b) Effective on November 21, 2003, the firm of Smith & Company has been engaged to serve as the new principal accountant to audit the Registrant's financial statements. The decision to retain this accountant was approved by the Board of Directors. During the Registrant's two most recent fiscal years, and the subsequent interim period prior to engaging this accountant, neither the Registrant (nor someone on its behalf) consulted the newly engaged accountant regarding any matter. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. Exhibits. Exhibits included are set forth in the Exhibit Index pursuant to Item 601 of Regulation S-B. SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Point Group Holdings, Incorporated Dated: January 20, 2004 By: /s/ John Fleming John Fleming, President EXHIBIT INDEX Number Description 16 Letter on Change in Certifying Accountant (see below).
EX-16 LETTER ON CHANGE IN CERTIFYING ACCOUNTANT Beckstead and Watts, LLP Certified Public Accountants 3340 Wynn Road, Suite B Las Vegas, Nevada 89102 702.257.1984 702.362.0540 fax January 20, 2004 Securities and Exchange Commission Washington, D.C. 20549 Ladies and Gentlemen: The firm of Beckstead and Watts, LLP was previously principal accountant for Point Group Holdings, Inc. (the "Company"). We reported on the financial statements of the Company for the fiscal year ended December 31, 2002, and reviewed the Company's financial statements through the interim period ended September 30, 2003. We resigned as principal accountants effective November 20, 2003. We also notified the Company on November 20, 2003 that our client- auditor relationship had ceased . We have read the Company's statements included under Item 4 of its Form 8-K dated January 20, 2004, and we agree with such statements, except that we are not in a position to agree or disagree with the Company's statement that the change was approved by the Board of Directors or that Smith & Co. was not engaged regarding any matter requiring disclosure under Regulation S-K, Item 304(a}(2). Very truly yours, /s/ Beckstead and Watts, LLP Beckstead and Watts, LLP
Doesn't have many facts on this filing...
Posts: 839 | From: Muncie, IN 47304 | Registered: Nov 2003
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posted
I emailed Ameritrade and asked why neither of the press releases show up on the command center. hopefully they can get that worked out, atleast for future releases.
[This message has been edited by BetNitAll (edited January 21, 2004).]
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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I hope they do before the real BIG BIG BIG PR's are released, I would friggin hate for something as stupid as that to quell the breakout of PGHI that will happen once the news starts flowing!
Posts: 839 | From: Muncie, IN 47304 | Registered: Nov 2003
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posted
On the positive side, in the OTC it does take days for a good PR release to really set-in(see the affects in the PPS) -
Posts: 494 | Registered: Dec 2003
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guys, im convinced Market Wire is to blame for this.. the otcforums.com chat room has streaming otcbb news and the pr did not come up in the chat room and still is not showing in ameritrade streamers. this is very frustrating to say the least.
Posts: 128 | From: New York | Registered: Dec 2003
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posted
lol, yeah except for GLBT. Down 25% on their news about taking some workers overseas.
Man PGHI is starting to vex me. It never moves!! LOL. But I guess low volatility is a good thing
quote:Originally posted by m_h13021: On the positive side, in the OTC it does take days for a good PR release to really set-in(see the affects in the PPS) -
posted
Me thinks it's very healthy accumulation going on. Check out the chart. It wouldn't be so bad to stay at this level for a while. Once we go up we'll go up hard and fast!
------------------ LATE FEES SUCK!
Posts: 418 | From: Avondale, AZ, USA | Registered: Dec 2003
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posted
A lot of red throughout the market today, no worries. Don't follow PGHI every single second of the day, it's not gonna tank on you suddenly! LOL
posted
staying at this level for a while will break the historic trend.. after all retracements pghi has had in the past they rose an anverage of 15 percent... it seems that by the chart trends we should rise 15 percent soon... its a cup and handle pattern on the chart... this is based purely on chart analysis and obviously PR can break any trend.
Posts: 191 | From: Orange, CA | Registered: Jan 2004
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posted
i like this buying opportunity here...hehehehehe, am trying to get more today as soon as we get some movement out of our other stock.
quote:Originally posted by tommy: A lot of red throughout the market today, no worries. Don't follow PGHI every single second of the day, it's not gonna tank on you suddenly! LOL
GLTA!
Posts: 220 | From: San Marcos, Texas, usa | Registered: Dec 2003
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posted
no, i think it is due to a lack of buying pressure.. nobody is paying attention to this stock because of the lack of pr's! the only people that know about these great pr's are the current shareholders!
quote:Originally posted by stockguyDD: any1 thikn this is just an MM shakeout?
Posts: 128 | From: New York | Registered: Dec 2003
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Well, this is what ignorantbliss and drwright68 are eluding to in their posts! I have no knowledge of this, nor am I saying it will happen. Just reiterating what I have read here. - Marty
posted
I'd be able to go a day w/o watching it too if I bought in at .008!
quote:Originally posted by tommy: A lot of red throughout the market today, no worries. Don't follow PGHI every single second of the day, it's not gonna tank on you suddenly! LOL
quote:Originally posted by m_h13021: Well, this is what ignorantbliss and drwright68 are eluding to in their posts! I have no knowledge of this, nor am I saying it will happen. Just reiterating what I have read here. - Marty
------------------ LATE FEES SUCK!
Posts: 418 | From: Avondale, AZ, USA | Registered: Dec 2003
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posted
It's funny to hear people say "I'm long" and see them worry about the stock every single second of every trading day! Where's the logic in that? None!
Sorry I had to vent about the people who question every tick that ANY stock makes! LOL
GLTA!
[This message has been edited by tommy (edited January 21, 2004).]
posted
Well Tommy, it is east to say your long when your way up. Remember, some of these newbies might be down because they bought in at the high fives. Don't worry everyone, it will eventually go back up...I hope
quote:Originally posted by tommy: It's funny to hear people say "I'm long" and see them worry about the stock every single second of every trading day! Where's the logic in that? None!
Sorry I had to vent about the people who question every tick that ANY stock makes! LOL
GLTA!
[This message has been edited by tommy (edited January 21, 2004).]
------------------ BetNitAll: Shake it! Shake it! Shake it like a polaroid picture :)
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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quote:Originally posted by ignorantbliss: I never said this week.
drwright68: "anybody want to speculate as to the LOI that will be announced this week?....yesterday's news was not it!" ignorantbliss: "I know exactly what it's going to be. However, I can't divulge such confidential information."
OK, correction. No, you did not say anything about news this week directly. But when you follow up with these post anything can be assimilated.
Isn't it amazing how each individual can interpret a statement. -
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The key word was speculate....would like to get the board focused on that. i'm not leaking anything. if the board starts thinking in those terms we will be ******g soon enough....the news is coming!
quote:Originally posted by m_h13021: drwright68: "anybody want to speculate as to the LOI that will be announced this week?....yesterday's news was not it!" ignorantbliss: "I know exactly what it's going to be. However, I can't divulge such confidential information."
OK, correction. No, you did not say anything about news this week directly. But when you follow up with these post anything can be assimilated.
Isn't it amazing how each individual can interpret a statement. -
Posts: 220 | From: San Marcos, Texas, usa | Registered: Dec 2003
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posted
Guys let's stay focused here.. I'm happy you have some info... ok great very happy for you... now we all know were this stock is going so patience...
Posts: 200 | From: Canada | Registered: Jan 2004
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All I'm attempting to do is reassure all the weak hands out there that this stock will go way up. Its inevitable. Patience is key, you're correct.
quote:Originally posted by cndboy: Guys let's stay focused here.. I'm happy you have some info... ok great very happy for you... now we all know were this stock is going so patience...
Posts: 418 | From: Avondale, AZ, USA | Registered: Dec 2003
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