Rothstein Kass Resigned ‘Immediately’ From a SEC Client Due To ‘A Transaction’

We aren't saying this is something, but we aren't saying it's not anything either if you catch our drift.

Our friends over at Audit Analytics noticed an 8-K filed Wednesday with the SEC for biometric security provider Ceelox, Inc that interestingly enough says RK is out as their auditor, like ASAP:

Rothstein Kass informed the company "that it was going through a transaction and… would… resign immediately." http://t.co/5Y9fbe3mHJ

— Audit Analytics (@AuditAnalytics) May 9, 2014

Let's take a look, shall we?

Section 4 – Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant.

Rothstein Kass & Company, P.C. ("Rothstein Kass"), the independent certified public accountants who had been engaged by Ceelox, Inc. (the "Company") as the principal accountant to audit the Company's consolidated financial statements, informed the Company that it was going through a transaction and in connection therewith would be required to resign immediately as the Company's auditor [emphasis ours]. The reports by Rothstein Kass on the financial statements of the Company during the fiscal years ended December 31, 2012 and 2011 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles, except for an explanatory paragraph describing the uncertainty as to the Company's ability to continue as a going concern. During the Company's two most recent fiscal years and subsequent period up to May 7, 2014, the Company did not have any disagreements with Rothstein Kass 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 Rothstein Kass, would have caused them to make reference to the subject matter of the disagreements in connection with their reports. In addition, no reportable events as set forth in Item 304(a)(1)(v) of Regulation S-K have occurred.

Go ahead and jump to conclusions as to what this means in the comments.