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:  August 17, 2010

Golden Eagle International, Inc.
(Name of registrant as specified in its charter)

Colorado
 
0-23726
 
84-1116515
State of Incorporation
 
Commission File Number
 
IRS Employer Identification No.

 
9661 South 700 East, Salt Lake City, Utah 84070
Address of principal executive offices

801-619-9320
Telephone number, including
Area code

Not applicable
Former name or former address if changed since last report

 
 

 
 
Section 4—Matters Related to Accountants and Financial Statements
 
Item 4.01 Changes in Registrant’s Certifying Accountant
 
On August 17, 2010, Chisholm, Bierwolf, Nilson & Morrill, LLC (CBNM) notified the Company that effective as of that date, the firm was not going to stand for re-election as its independent auditor.   Effective the same date, the Company appointed Mark Bailey & Company, Ltd. as its new auditor and that decision to change the auditor was approved by the Company's Board of Directors.
 
CBNM issued its auditor’s report on the Company's financial statements for the year ended December 31, 2009 and 2008, which included an explanatory paragraph as to the Company’s ability to continue as a going concern.
 
Other than the going concern uncertainty described above, CBNM’s audit report on the Company’s financial statements for the years ended December 31, 2009 and 2008 did not contain an adverse opinion or disclaimer of opinion, or was qualified or modified as to uncertainty, audit scope or accounting principles.
 
During the years ended December 31, 2009 and 2008 and any subsequent interim period through August 17, 2010, the date of resignation of CBNM, there were no disagreements with CBNM on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to CBNM’s satisfaction, would have caused CBNM to make reference to the subject matter of the disagreements in connection with their report on the Company’s consolidated financial statements for such years; and there were no reportable events, as listed in Item 304(a)(l)(v) of Regulation S-K.
 
The Company provided CBNM with a copy of the disclosure in the preceding two paragraphs and requested in writing that CBNM furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. CBNM provided a letter, dated August 20, 2010 stating its agreement with such statements, which is included as exhibit 16 to this Form 8-K.
 
During the year ended December 31, 2009 and through the date of the Audit Committee’s decision, the Company did not consult Mark Bailey & Company, Ltd. with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, or any other matter or reportable events listed in Items 304(a)(2)(i) and (ii) of Regulation S-K.
 
Section 9 – Financial Statements and Exhibits

Item 9.01               Financial Statements and Exhibits

(d)           Exhibits

16.           Letter from Chisholm, Bierwolf, Nilson & Morrill, CPAs, re: Change inCertifying Accountant

 
 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 25th day of August, 2010.

 
  Golden Eagle International, Inc.  
       
       
 
By:
/s/ Terry C. Turner  
    Terry C. Turner,  
    President and Chief Executive Officer