SEC Comment Letter for Worksport Ltd (WKSP) (CIK 0001096275) (WKSP) — Sep 30, 2011
Worksport Ltd (WKSP) (CIK 0001096275)
Date: Sept. 30, 2011 · CIK: 0001096275 · Accession: 0000000000-11-058104
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Letter
September 30, 2011 Via E-mail A.J. Boisdrenghien President and Director Franchise Holdings International, Inc. 5910 South University Boulevard, C-18, Unit 165 Littleton, Colorado 80121 Re: Franchise Holdings International, Inc. Item 4.01 Form 8-K Filed September 27, 2011 File No. 0-27631
Dear Mr. Boisdrenghien: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter within fi ve business days by amending your filing, by providing the requested information, or by advi sing us when you will provide the requested response. If you do not believe our comments apply to your fact s and circumstances or do not believe an amendment is appropriate, pl ease tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to this comment, we may have additional comments. Item 4.01 Form 8-K Filed September 27, 2011
1. Please revise the second paragraph to disclo se that Cordovano & Honeck LLP only audited your financial statements for the fiscal year ended September 30, 2010. 2. We note that your financial statements for th e year ended September 30, 2009 were audited by Ronald R. Chadwick P.C. Please tell us when you dismissed Ronald R. Chadwick P.C. and engaged Cordovano & Honeck LLP as your independent registered public accounting firm and why the change in accountants wa s not reported in Item 4.01 of Form 8-K.
We urge all persons who are responsible for th e accuracy and adequacy of the disclosure in the filing to be certain that the filing include s the information the Securities Exchange Act of 1934 and all applicable Exchange Act rules requir e. Since the company and its management are
A.J. Boisdrenghien Franchise Holdings International, Inc. September 30, 2011 Page 2
in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. In responding to our comments, please provi de a written statement from the company acknowledging that: the company is responsible for the adequacy an d accuracy of the disclo sure in the filing;
staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and
the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. You may contact Ta Tanisha Meadows at ( 202) 551-3322 if you have questions. In her absence you may contact me at (202) 551-3344. Sincerely, /s/ William H. Thompson William H. Thompson Accounting Branch Chief
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September 30, 2011 Via E-mail A.J. Boisdrenghien President and Director Franchise Holdings International, Inc. 5910 South University Boulevard, C-18, Unit 165 Littleton, Colorado 80121 Re: Franchise Holdings International, Inc. Item 4.01 Form 8-K Filed September 27, 2011 File No. 0-27631 Dear Mr. Boisdrenghien: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter within fi ve business days by amending your filing, by providing the requested information, or by advi sing us when you will provide the requested response. If you do not believe our comments apply to your fact s and circumstances or do not believe an amendment is appropriate, pl ease tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to this comment, we may have additional comments. Item 4.01 Form 8-K Filed September 27, 2011 1. Please revise the second paragraph to disclo se that Cordovano & Honeck LLP only audited your financial statements for the fiscal year ended September 30, 2010. 2. We note that your financial statements for th e year ended September 30, 2009 were audited by Ronald R. Chadwick P.C. Please tell us when you dismissed Ronald R. Chadwick P.C. and engaged Cordovano & Honeck LLP as your independent registered public accounting firm and why the change in accountants wa s not reported in Item 4.01 of Form 8-K. We urge all persons who are responsible for th e accuracy and adequacy of the disclosure in the filing to be certain that the filing include s the information the Securities Exchange Act of 1934 and all applicable Exchange Act rules requir e. Since the company and its management are A.J. Boisdrenghien Franchise Holdings International, Inc. September 30, 2011 Page 2 in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. In responding to our comments, please provi de a written statement from the company acknowledging that: the company is responsible for the adequacy an d accuracy of the disclo sure in the filing; staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. You may contact Ta Tanisha Meadows at ( 202) 551-3322 if you have questions. In her absence you may contact me at (202) 551-3344. Sincerely, /s/ William H. Thompson William H. Thompson Accounting Branch Chief