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 26, 2007
AMERICAN AMMUNITION, INC.
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(Exact name of registrant as specified in its charter)
Nevada 0-32379 91-2021594
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(State or other jurisdiction of (Commission (I.R.S. Employer
Incorporation or organization) File Number) Identification No.)
3545 NW 71st Street
Miami, FL 33147
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(Address of Principal Executive Office) (Zip Code)
(305) 835-7400
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(Issuer's Telephone Number)
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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
CFR230.425)
[_] 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 Accountant
Resignation of S.W. Hatfield, CPA
On June 26, 2007, the Board of Directors of American Ammunition, Inc.
(Company) was notified by its auditors, S.W. Hatfield, CPA (SWHCPA) of Dallas,
Texas that, due to the partner rotation rules and regulations of the U.S.
Securities and Exchange Commission and Sarbanes-Oxley Act of 2002, was resigning
as the Company's auditor.
The Company's Board of Director has accepted he resignation of SWHCPA.
No accountant's report of the financial statements for either of the past
two (2) years contained an adverse opinion or a disclaimer of opinion or was
qualified or modified as to uncertainty , audit scope or accounting principles,
except for a going concern opinion expressing substantial doubt about the
ability of the Company to continue as a going concern.
During the Company's two most recent fiscal years (ended December 31, 2006
and 2005) and from January 1, 2007 to the date of this Report, there were no
disagreements with SWHCPA on any matter of accounting principles or practices,
financial disclosure, or auditing scope or procedure. There were no reportable
events, as described in Item 304(a)(1)(iv)(B) of Regulation S-B, during the
Company's two most recent fiscal years (ended December 31, 2006 and 2005) from
January 1, 2007 to the date of this Report.
On June 26, 2007, the Company's board of directors approved the engagement
of the firm of Pollard-Kelley Auditing Services, Inc., 3250 W. Market St., Suite
307, Fairlawn, Ohio 44333, as the Company's independent auditors. Such
appointment was accepted by Terance Kelly of the firm.
During the Registrant's two most recent fiscal years or any subsequent
interim period prior to engaging Pollard-Kelley Auditing Services, Inc., the
Company, or someone on the Company's behalf, had not consulted Pollard-Kelley
Auditing Services, Inc. regarding any of the accounting or auditing concerns
stated in Item 304(a)(2) of Regulation S-B.
On June 26, 2007 the Company provided S.W. Hatfield, CPA with a copy of
this disclosure and requested that it furnish a letter to the Company, addressed
to the SEC, stating that it agreed with the statements made herein or the
reasons why it disagreed.
ITEM 9.01-Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
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16.1 Letter regarding 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 thereunto duly authorized.
American Ammunition, Inc.
Date: June 26, 2007 By:/s/ Andres F. Fernandez
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Andres F. Fernandez
Chief Executive Officer and
Chief Financial Officer