NEXH 8-K 05/24/2007
CURRENT
REPORT FOR ISSUERS SUBJECT TO THE
1934
ACT REPORTING REQUIREMENTS
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 Event: May 21, 2007 (date of earliest event reported)
NEXIA
HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Nevada
(State
or
other jurisdiction of incorporation or organization)
|
333-1221092
(Commission
File Number)
|
84-1062062
(IRS
Employer Identification Number)
|
59
West 100 South, Second Floor, Salt Lake City, Utah
84101
(Address
of principal executive offices)
(801)
575-8073
(Registrant's
telephone number, including area code)
ITEM
4.01 Changes
in Registrant's
Certifying Accountant
On
May
21, 2007, De Joya Griffith & Company, LLC (the “Former Accountant”) resigned
as the auditors for Nexia Holdings, Inc. (the “Company”).
The
reports of the Former Accountant on the financial statements of the Company
for
each of the two most recent fiscal years, did not contain an adverse opinion
or
disclaimer of opinion and was not qualified or modified as to uncertainty,
audit
scope or accounting principles for the two most recent fiscal years and the
first subsequent interim period of 2007, except that the Former Accountant’s
opinion in its report on the Company’s financial statements expressed
substantial doubt with respect to the Company’s ability to continue as a going
concern for the last two fiscal years.
During
the Company’s two recent fiscal years and the subsequent interim periods through
the date of resignation, there were no reportable events as the term described
in Item 304(a)(1)(iv) of Regulation S-B except for the following:
During
the Company’s two most recent fiscal years and the subsequent interim period
through the date of resignation, there were no disagreements with the Former
Accountant on any matters of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which, if not resolved
to
the satisfaction of the Former Accountant, would have caused it to make
reference to the subject matter of the disagreement in connection with its
reports on the financial statements for those periods.
The
Board
of Director’s has agreed to accept the resignation of the Former Accountant and
directed management to begin a search for a replacement principal accounting
firm to provide independent auditor services for the Company going forward.
The
search will place an emphasis on retaining an accounting firm in closer physical
proximity to the Company’s operations to facilitate the exchange of information
with the new accounting firm.
The
Company has requested that the Former Accountant furnish it with a letter
addressed to the Securities and Exchange Commission stating whether it agrees
with the above statements. The requested letter is attached as Exhibit 16.1
to
this Current Report on Form 8-K.
ITEM
9.01 Financial
Statements and Exhibits
The
following exhibits are included as part of this report:
|
Exhibit
No.
|
Page
No.
|
Description
|
|
16.1
|
4
|
|
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.
| |
|
|
| |
Nexia Holdings, Inc. |
|
|
|
| Dated
this 24th
day of May, 2007. |
By: |
/s/ Richard
Surber |
| |
Richard
Surber
President
|