UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~November~~June 428, ~~2009~~2010

POWERSAFE TECHNOLOGY CORP.

(Exact ~~Name~~ name of Registrant as ~~Specified~~specified in ~~Its~~its ~~Charter~~charter)

Delaware

Delaware		333-143645		98-0522188
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

~~(State~~1400 ~~or Other~~Coney ~~Jurisdiction~~Island ofAvenue, ~~Incorporation)~~Brooklyn, NY 11230

333-143645		98-0522188
(Commission File Number)		(IRS Employer Identification No.)

(Address of principal executive offices)

~~1400 Coney Island Ave.~~718-951-8021

Brooklyn, NY 11230

(Address of Principal Executive Offices, Zip Code)

(718) 951-8021

(Registrant's Telephone Number, Including Area Code)

Not applicable

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(Former Name or Former Address, if Changed Since Last Report)

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):

~~|_|~~ 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 (17 CFR 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))

~~Section 4~~Item 7.01 Regulation ~~Matters~~FD ~~Related to Accountants and Financial Statements~~Disclosure.

The disclosures set forth below under Item 4 8.01. ~~Changes~~(Other inEvents) ~~Registrant’s~~are ~~Certifying~~hereby ~~Accountant~~incorporated by reference into this Item 7.01.

~~On November~~Limitation 5,on ~~2009,~~Incorporation Powersafe Technology Corp. (the “Registrant”) changed its principal independent accountants. On November 4, 2009, Morgenstern, Svoboda & Baer CPA’s P.C. informed the Registrant that it no longer plans to perform audits for companies such as the Registrant and resigned as the Registrant’s principal independent accountants. On November 5, 2009 the Registrant retained Acquavella, Chiarelli, Shuster, Berkower & Co., LLP, (“ACSB”) as its principal independent accountants. The decision to retain ACSB was approved by ~~the~~ Registrant’s Board of Directors. Morgenstern, Svoboda & Baer CPA’s P.C. The former partner of Morgenstern, Svoboda & Baer CPA’s P.C. who, to the Registrant’s understanding, had primary responsibility for auditing the Registrant, is now a partner of ACSB.Reference

~~The Resignation~~In accordance with General Instruction B.2 of ~~Morgenstern~~ Form 8-K, ~~Svoboda~~the &information ~~Baer~~in ~~CPA’s~~this PItem 7.C01 is being furnished for informational purposes only and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing. The filing of this Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by Regulation FD.

~~Morgenstern, Svoboda~~Item ~~& Baer CPA’s P.C. was the independent registered public accounting firm for the Registrant’s from May~~ 8~~, 2009 until November 4, 2009~~.01 Other ~~None of Morgenstern, Svoboda & Baer CPA’s P~~Events.C. reports on the Registrant’s financial statements from May 8, 2009 until November 4, 2009, (a) contained an adverse opinion or disclaimer of opinion, or (b) was modified as to uncertainty, audit scope, or accounting principles, or (c) contained any disagreements on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Morgenstern, Svoboda & Baer CPA’s P.C., would have caused it to make reference to the subject matter of the disagreements in connection with its reports. None of the reportable events set forth in Item 304(a)(1)(iv) of Regulation S-K occurred during the period in which Morgenstern, Svoboda & Baer CPA’s P.C. served as the Registrant’s principal independent accountants. Morgenstern, Svoboda & Baer CPA’s P.C. did express a concern about the Company’s ability to continue as a going concern for the year ended December 31, 2008.

~~The Registrant~~On ~~has~~June ~~provided Morgenstern~~28, ~~Svoboda~~2010 &Powersafe ~~Baer~~Technology ~~CPA’s P~~Corp.~~C. with a copy of this disclosure and has requested that Morgenstern~~, ~~Svoboda & Baer CPA’s P.C. furnish it with~~ a ~~letter~~Delaware ~~addressed~~corporation to (the ~~U.S.~~“Company”) ~~Securities~~received ~~and~~the ~~Exchange Commission~~compiled ~~stating~~financial ~~whether~~statements itfor ~~agrees~~the ~~with~~years ~~the~~ended ~~above~~December ~~statements~~31, 2008 and ifDecember ~~not~~31, ~~stating~~ ~~the~~2007 ~~respects~~for inits ~~which~~wholly-owned itsubsidiary ~~does~~Amplification ~~not~~Technologies ~~agree. A copy of the letter from Morgenstern~~Inc, ~~Svoboda~~a &Delaware ~~Baer~~corporation ~~CPA’s~~(“ATI”) ~~P.C.~~which ~~addressed~~was toacquired by the ~~Securities~~Company ~~and Exchange~~in ~~Commission~~February ~~dated November 11,~~ 2009. The Company is ~~filed~~working asdiligently ~~Exhibit 16.1~~ to ~~this Current~~bring ~~Report~~its onfinancial ~~Form~~information ~~8-K~~current.

~~The~~Section ~~Engagement~~9-Financial ~~of ACSB~~Statements and Exhibits

Prior to November 5, 2009, the date that ACSB was retained as the principal independent accountants of the Registrant:

(1) The Registrant did not consult ACSB regarding either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Registrant’s financial statements;

(2) Neither a written report nor oral advice was provided to the Registrant by ACSB that they concluded was an important factor considered by the Registrant in reaching a decision as to the accounting, auditing or financial reporting issue; and

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(3) The Registrant did not consult ACSB regarding any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or any of the reportable events set forth in Item 304(a)(1)(v) of Regulation S-K

Item 9.01 Financial Statements and Exhibits.

(da) ~~Exhibits~~ Exhibit 99.1

Exhibit No.	Description
16.1	Letter, dated November 11, 2009, from Morgenstern, Svoboda & Baer CPA’s P.C. to the Securities and Exchange Commission.

Unaudited Financial Information.

-Balance ~~3 -~~Sheet

Statement of Income

Statement of Change in Stockholders’ Equity

Statement of Change in Cash Flow

Notes

(b) Pro forma financial information. Not applicable

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.

~~POWERSAFE~~Date: June ~~TECHNOLOGY~~30, ~~CORP~~2010

POWERSAFE TECHNOLOGY CORP. By: /s/ Jack N. Mayer Name: Jack N. Mayer Title: President

Name: Jack Mayer

Title: President and Chief Executive Officer

Date: November 11, 2009

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