19 Engineers Lane, Farmingdale, NY 11735 | ||
Tel: 631-756-9166 | www.cemtrex.com | Fax: 631-420-4985 |
September 25, 2014
United States Securities and Exchange Commission
Division of Corporate Finance
Washington, D.C. 20549
Attention: Mr. Julie Sherman
RE: Email dated August 12, 2014 to Cemtrex, Inc.
This letter is in response to the email referenced above and we respond as follows:
10-K for the fiscal year ended September 30, 2013
Item 9A. Controls and Procedures, Page 18
1. | We note your response to our prior comment1. Please tell us how your were able to conclude that your disclosure controls and procedures and internal control over financial reporting remain, in fact, effective, considering your omission of Management’s Report of Internal Control over Financial Reporting and your omission of the financial statements required by Rule 8-04 of Regulation S-X. Please provide us with the basis for your conclusions or file an amendment to revise your conclusions accordingly. |
We will file an amendment to our 10-K for September 30, 2013 indicating that our controls and procedures were ineffective.
2. | We note your response to our prior comment 4 and understand your waiver request was not granted. Please tell us when you will file the amended Form 8-K to provide financial statements and pro forma information required by Rule and 8-05 of Regulation S-X related to the acquisition of the ROB Group. |
We are currently working to have the necessary financial statements audited. This audit process of past statements will take time; however we hope to be able to file the amended Form 8-K with audited statements by October, 31, 2014. We will immediately file an amendment to the Form 8-K/A, filed on August 5, 2014, stating unaudited statements are not in compliance with Rule and 8-05 of Regulation S-X.
Further, please note the Company acknowledges that:
o | The Company is responsible for the adequacy and accuracy of the disclosure in the filing; |
o | 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 |
o | 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. |
Thank you in advance for your attention to this matter.
Sincerely,
/s/Renato Dela Rama
Renato Dela Rama
Chief Financial Officer
Cemtrex, Inc.