Unassociated Document
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): September
18, 2007
CTI
INDUSTRIES CORPORATION
|
(Exact
name of registrant as specified in its
charter)
|
Illinois
|
0-23115
|
36-2848943
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
of
incorporation)
|
File
Number)
|
Identification
No.)
|
22160
North Pepper Road, Barrington,
IL
|
60010
|
(Address
of principal executive
offices)
|
(Zip
Code)
|
|
|
Registrant's
telephone number, including area
code
|
(847)
382-1000 |
|
N/A
|
(Former
name or former address, if changed since
last report.)
|
Check
the
appropriate box below if the Form 8-K is intended to simultaneously satisfy
the
filing obligation of the registrant under any of the following
provisions:
o |
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
o |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17CFR
240.14a-12)
|
o |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
o |
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.
Effective
September 18, 2007, CTI Industries Corporation (the “Registrant”) engaged
Blackman Kallick Bartelstein, LLP as the Registrant's principal accountants
to
audit the Registrant's financial statements for the year ending December 31,
2007. Blackman Kallick Bartelstein, LLP replaces Weiser, LLP, which had
previously been engaged for the same purpose, and whose dismissal was effective
September 18, 2007. The decision to change the Registrant's principal
accountants was approved by the Registrant's Audit Committee on September 18,
2007.
The
reports
of Weiser, LLP, on the Registrant's financial statements for the fiscal years
ended December 31, 2005, as amended, and December 31, 2006 did not contain
an
adverse opinion or disclaimer of opinion, nor were they qualified or modified
as
to uncertainty, audit scope, or accounting principles.
During
the
Registrant's last two fiscal years ended December 31, 2005, and December 31,
2006, and in the subsequent interim periods through September 18, 2007, there
were no disagreements with Weiser, LLP, on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of Weiser, LLP, would
have caused them to make reference to the subject matter of the disagreements
in
connection with their reports on the financial statements for such periods.
Further, there were no “reportable events” as that term is described in Item
304(a)(I)(v) of Regulation S-K during the fiscal years ended December 31, 2005
and December 31, 2006, and through September 20, 2007.
The
Registrant requested that Weiser, LLP furnish a letter addressed to the
Securities and Exchange Commission stating whether it agrees with the above
statements. A copy of this letter dated September 20, 2007 is filed as Exhibit
16 to this Form 8-K.
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.
|
|
|
|
CTI
Industries
Corporation. |
|
(Registrant) |
|
|
|
Date: September
20, 2007 |
By: |
/s/ Howard
W.
Schwan |
|
Howard
W. Schwan, President |
|
|
EXHIBIT
INDEX
Sequential
Page Number
|
Exhibit
Number
|
Document |
|
|
|
5 |
16 |
Letter From Weiser,
LLP |