UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 OR 15(d) of The Securities Exchange Act of 1934

OFDate ~~THE~~of ~~SECURITIES~~Report ~~AND~~(Date ~~EXCHANGE~~of ~~ACT~~Earliest OFEvent ~~1934~~Reported): December 18, 2012

~~Date~~Commission offile ~~Report~~number ~~(Date of Earliest Event Reported): July 23, 2012~~000-54548

ACCELERATED ACQUISITIONS XVI, INC.

(Exact name of registrant as specified in its charter)

Delaware	~~000-54548~~	45-3743339
(State of Incorporation)	(Commission File No.)	(IRS Employer ID No.)
(State or other jurisdiction of		(I.R.S. Employer
1840 Gateway Drive, Suite 200, Foster City, California		94404
incorporation or organization)		Identification No.)
Address of Principal Executive Offices		Zip Code

~~Registrant’s~~1840 ~~Telephone~~Gateway ~~Number~~Drive, ~~Including~~Suite ~~Area~~200, ~~Code:~~Foster ~~(650)~~City, ~~283-2653~~CA 94404

~~N/A~~ (Address of principal executive offices)

~~Former~~(650) ~~Address of Principal Executive Offices~~283-2653

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

or Written communications pursuant to Rule 425 under the Securities Act (17 CFR.230.425)

or Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

or Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

or Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~ITEM~~Item 14.01. ~~ENTRY~~Changes ~~INTO~~in ARegistrant's ~~MATERIAL~~Certifying ~~DEFINITIVE AGREEMENT~~Accountants

~~Stock~~The ~~Sale~~Board of Directors of Accelerated Acquisitions XVI, Inc. (the “Company”) approved of the engagement of Anton & Chia, LLP, Newport Beach, California as the Company’s new independent registered public accounting firm on December 17, 2012, and also Peter Messineo, CPA, Palm Harbor, Florida (“Messineo”) declined to stand for re-election from that role.

OnFrom ~~July 23, 2012, Sole Comfort Shoes, Inc. (“Purchaser”) agreed to acquire 23,350,000 shares of~~ the Company’s ~~common~~inception ~~stock~~on ~~par~~October ~~value $0.0001 for a price of $0.0001 per share. At the same time~~21, ~~Accelerated~~2012 ~~Venture~~through ~~Partners,~~December ~~LLC agreed to tender 3~~17,~~500,000~~ ~~of their 5~~2012,~~000,000~~ ~~shares of~~ the Company’s ~~common~~did ~~stock~~not ~~par~~consult value $0.0001 for cancellation. Following these transactions, Sole Comfort Shoes, Inc. owned approximately 94% of the Company’s 24,850,000 issued and outstanding shares of common stock par value $0.0001 and the interest of Accelerated Venture Partners, LLC was reduced to approximately 6% of the total issued and outstanding shares. Simultaneously with ~~the~~Anton ~~share~~& ~~purchase~~Chia, ~~Timothy~~LLP ~~Neher~~regarding ~~resigned~~any ~~from~~matters ~~the~~described ~~Company’s~~in ~~Board~~Items of304(a)(2)(i) ~~Directors~~or ~~and Onkar Dhaliwal was simultaneously appointed to the Company’s Board of Directors. Such action represents~~ 304(a)(2)(ii) ~~change~~ of ~~control~~Regulation ~~of the Company~~S-K. ~~The Purchaser used their working capital to acquire the Shares. The Purchaser did not borrow any funds to acquire the Shares.~~

~~Prior~~The toreport ~~the purchase~~ of ~~the~~Messineo ~~shares,~~on the ~~Purchaser~~financial ~~was~~statements ~~not~~of ~~affiliated with~~ the Company. ~~However,~~for the ~~Purchaser~~period ~~will~~ended beJune ~~deemed~~30, an2012 ~~affiliate~~did ofnot ~~the~~contain ~~Company~~an ~~after~~adverse ~~the~~opinion ~~share~~or ~~purchase as~~ a ~~result~~disclaimer of ~~their~~opinion, ~~stock~~nor ~~ownership interest in the Company. The purchase of the shares by the Purchaser~~ was ~~completed~~such ~~pursuant~~report toqualified ~~written~~or ~~Subscription~~modified ~~Agreements~~as ~~with the Company. The purchase was not subject~~ to ~~any~~uncertainty, ~~other~~audit ~~terms~~scope ~~and~~or ~~conditions~~accounting ~~other~~principles, ~~than~~except ~~the sale of the shares in exchange~~ for ~~the~~an ~~cash~~explanatory ~~payment. Concurrent~~paragraph ~~with~~expressing ~~the~~substantial ~~sale~~doubt ofabout the ~~shares, the~~ Company’s ~~will~~ability ~~file a Certificate of Amendment~~ to ~~its~~continue ~~Certificate~~as ofa ~~Incorporation~~going ~~with~~concern ~~the~~as ~~Secretary of State of Delaware in order to change its name to “Sole Comfort Shoes, Inc.”.~~follows:

OnThe ~~July~~accompanying ~~23,~~financial ~~2012,~~statements ~~the~~have ~~Company~~been ~~entered~~prepared ~~into~~assuming athat ~~Consulting~~the ~~Services~~Company ~~Agreement~~will ~~with~~continue ~~Accelerated~~as ~~Venture Partners LLC (“AVP”),~~ a ~~company~~going ~~controlled by Timothy J~~concern. ~~Neher.~~ The ~~agreement requires AVP to provide the~~ Company ~~with~~has ~~certain~~incurred ~~financial~~material ~~advisory~~losses, ~~services~~and inhas ~~consideration~~limited ofcash. ~~(a)~~These anmatters ~~option~~raise ~~granted~~substantial bydoubt ~~the~~about ~~company to AVP to purchase 1,500,000 shares of~~ the ~~company~~Company’s ~~common~~ability ~~stock~~to atcontinue as a ~~price~~going ~~of $0~~concern.~~0001~~ ~~per~~These ~~share~~financial ~~(which~~statements ~~was~~do ~~immediately~~not ~~exercised~~include byany ~~the~~adjustments ~~holder)~~relating ~~subject~~ to ~~a repurchase option granted to~~ the ~~company~~recoverability toand ~~repurchase~~classification ~~the~~of ~~shares~~asset incarrying ~~the~~amounts ~~event~~or the ~~Company~~amount ~~fails to complete funding as detailed in the agreement~~ and ~~(b)~~classification ~~cash compensation at a rate~~ of ~~$33,333~~liabilities ~~per~~that ~~month. The~~may ~~payment~~result ofshould ~~such~~the ~~compensation~~Company isbe ~~subject~~unable to ~~the~~continue ~~company’s~~as ~~achievement of certain designated milestones detailed in the agreement and~~ a ~~company~~going ~~option to make a lump sum payment to AVP in lieu of all amounts payable thereunder~~concern.

~~ITEM~~From 5the Company’s inception on October 21, 2011 through December 17, 2012, there were no disagreements with Messineo on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Messineo’s satisfaction, would have caused Messineo to make reference to the subject matter of the disagreements in connection with its report.01 ~~CHANGES~~In INaddition, ~~CONTROL~~from OFthe ~~REGISTRANT~~Company’s inception on October 21, 2011 through December 17, 2012, Messineo did not advise the Company of any information that would lead it to no longer be able to rely on management's representations, or that would make it unwilling to be associated with the financial statements prepared by management. Messineo also has not informed the Company of any information that would materially impact the fairness or reliability of either (i) a previously issued audit report or the underlying financial statements, or (ii) the financial statements issued or to be issued covering the fiscal period(s) subsequent to the date of the most recent financial statements covered by an audit report.

~~See~~The ~~response~~Company requested that Messineo furnish it with a letter addressed to ~~Item~~the 1Securities and Exchange Commission ("SEC") stating whether or not Messineo agreed with the above statements.01 A copy of Messineo’s letter to the SEC dated December 18, 2012 is filed as an Exhibit to this Form 8-K.

~~ITEM~~Item 59.0201. ~~DEPARTURE~~Financial OFStatements ~~DIRECTORS~~and ~~OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS~~Exhibits.

~~Resignation~~(a) ~~and~~Not ~~Appointment of Director and Principal Officers~~Applicable.

On(b) ~~July~~Not ~~23, 2012, concurrent with the consummation of the share purchase by the Purchaser, Timothy Neher submitted his resignation as President, Secretary and Treasurer and a director of the Company~~Applicable. ~~Simultaneously, the Board appointed and elected Onkar Dhaliwal to the office of Chief Executive Officer, President, Secretary, Treasurer and a director of the Company.~~

~~Mr.~~(c) ~~Dhaliwal~~Not ~~is the President and CEO of Sueda Investments, operating as Sole Comfort footwear since March 2010~~Applicable. He has been the President and CEO of Aspen Air Corporation, a private cryogenic company, since 2006. Mr. Dhaliwal began his career with Air Liquide, lastly as Western Canadian General Manager of Sales and Operations and then Co-Founded Ferus Gas, a Calgary based Cryogenics start-up company, and joined as Vice President of New Business Development. Mr. Dhaliwal raised thirty million dollars to successfully construct a cryogenic plant and launch Aspen Air Corporation. Mr. Dhaliwal is also the CEO for Aspen Bio-Energy Corporation, whose purpose is to develop the first second-generation cellulosic ethanol facility using renewable feedstock.

~~Mr.~~(d) ~~Lavoie is the COO and a Director of Sole Comfort Shoes, Inc~~Exhibits. He has over 15 years of successful Corporate & Real Estate Finance & Structured Equity, Real Estate Development, Reverse Mergers, Business and Real Estate Acquisitions. He has a broad and diverse background in the Global Capital Markets, International Finance particularly in corporate and real estate ventures. Mr. Lavoie is the founder of Infinity Financial Group, which has been integrally involved in the finance of Commercial Real Estate and the structuring and procuring of debt capital, equity and structured joint ventures in excess of $6.5 Billion throughout North America and the Globe for some of the most recognized Corporations, Developers and Real Estate Owners which have included a number of fortune 500 Companies.

~~ITEM~~Exhibit 916.~~01.~~1 ~~EXHIBITS~~Letter from Peter Messineo, CPA dated December 18, 2012

~~(d) Exhibits~~SIGNATURE

Number		Description
10.1		Subscription Agreement, dated as of July 23, 2012 by and among Accelerated Acquisitions XVI, Inc. and Sole Comfort Shoes, Inc.
10.2 10.3		Letter dated July 23, 2012, from Accelerated Venture Partners to Accelerated Acquisitions XVI, Inc. regarding the tender of shares for cancellation. Letter of resignation tendered by Timothy Neher on July 23, 2012.
10.4 10.5		Consulting Agreement dated as of July 23, 2012 by and among Accelerated Acquisitions XVI, Inc and Accelerated Venture Partners LLC. 2012 employee, director and consultant stock plan.

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 thereunto duly authorized.

SIGNATURES


Dated: December 21, 2012

	ACCELERATED ACQUISITIONS XVI, INC.
	By:	/s/ Onkar Dhaliwal
		Onkar Dhaliwal
		President

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 24, 2012.
		ACCELERATED ACQUISITIONS XIX, INC.
		/s/ Harry S. Versed, Jr.
		Harry S. Versed, Jr.
		Chairman and CEO

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