CURRENT REPORT FOR ISSUERS SUBJECT TO THE

1934 ACT REPORTING REQUIREMENTS

FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act

~~May 29~~December 8, ~~2013~~2014

Date of Report

(Date of Earliest Event Reported)

~~SPECIALTY CONTRACTORS~~CIAO GROUP, INC.

(Exact name of registrant as specified in its charter)

Nevada	333-166057	27-1897718
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

~~1541~~8390 LBJ ~~E. Interstate 30~~Freeway, ~~Suite~~10th ~~140~~Floor, ~~Rockwall~~Dallas, Texas ~~75087~~75243

(Address of principal executive offices (zip code))

(~~214~~347) ~~457~~ 560-~~1227~~5040

(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:

£[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) £[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) £[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) £[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 4 8.01 OTHER ~~Changes in Registrant’s Certifying Accountant.~~EVENTS

On ~~May~~April 2921, ~~2013~~2014, Specialty Contractors, Inc. (the ~~Board~~“Company”) ofentered ~~Directors~~into ~~approved~~a Purchase Agreement (the ~~appointment~~“Agreement”) with the majority shareholders of ~~MaloneBailey~~Ciao ~~LLP~~Telecom, Inc., a Nevada corporation (~~"MaloneBailey"~~“Ciao”), towhereby the Company acquired ~~serve~~97.8% asof the ~~Company's~~issued ~~independent~~and ~~registered~~outstanding ~~public~~shares ~~accounting~~of ~~firm~~Ciao in exchange for the ~~fiscal~~issuance ~~year~~of ~~ending~~119,999,998 ~~December~~shares 31of the Company’s common stock, ~~2013.~~in restricted form.

~~During~~Ciao ~~the~~owns ~~fiscal~~and ~~year~~operates ~~ended~~a ~~December~~telecommunications ~~31,~~company ~~2012~~located ~~and~~in ~~2011~~Dallas, ~~and~~Texas. ~~the~~As ~~subsequent~~a ~~interim~~result ~~period~~of ~~through~~the ~~May 29~~Agreement, ~~2013,~~ the Company ~~had~~sells ~~not consulted~~mobile ~~with~~devices, ~~MaloneBailey~~mobile ~~regarding~~service ~~either~~plans, ~~(i)~~virtual ~~the~~PBX ~~application of accounting principles to a specified transaction~~systems, ~~either~~calling ~~completed or proposed~~cards, orIPTV ~~the~~and ~~type~~other ofwholesale ~~audit~~and ~~opinion~~reseller ~~that~~telecommunications ~~might be rendered on the Company's consolidated financial statements,~~ products and noservices. ~~written report~~As ora ~~oral~~result ~~advice~~of ~~was provided to~~ the ~~Company~~Agreement, ~~that~~Eugenio ~~was~~Santos, anCEO ~~important~~and ~~factor~~chairman ~~considered~~of by the ~~Company~~Board asof ~~to any accounting~~CIAO, ~~auditing~~ ~~or financial reporting issue; or (ii) any matter that~~ was ~~the~~appointed ~~subject~~an ofofficer ~~a disagreement (as that term is defined in Item~~and ~~304(a)(1)(iv)~~director of ~~Regulation~~the ~~S-K~~Company. ~~and~~Michael ~~related~~Goode, ~~instructions)~~its ordirector aand ~~"reportable~~CEO, ~~event"~~and ~~(as~~Charles ~~that~~Smith, ~~term~~its isCFO, ~~described~~subsequently ~~in Item 304(a)(1)(v) of Regulation S-K)~~resigned.

~~SIGNATURES~~Also as a result of the Agreement, the Company increased its authorized capital and changed its name to CIAO Group, Inc., all as previously reported on Forms 8-K filed by the Company.

~~Pursuant to the requirements of the Securities Exchange Act of 1934,~~Update ~~the Registrant has duly caused this Current Report~~ on Form 8-K tofiling bewith ~~signed~~Updated onFinancial ~~its behalf by the undersigned hereunto duly authorized.~~Information

~~SPECIALTY~~The Company, ~~CONTRACTORS~~under U.S. Securities & Exchange Commission rules, ~~INC~~was required to file within 71 days a report an amended report to the originally filed Form 8-K as filed on April 25, 2014, disclosing, among other things, financial information for its operations for the previous two years.

~~By: /s/ Michael~~Since ~~Goode~~the time of the merger, the Company has been working with its Brazilian and United States accountants to prepare the financial information required in order that the audits may be completed. During the process of working with its accountants, the Company encountered such significant hurdles such as:

~~Michael~~Prior ~~Goode~~financial statements were prepared under IFRS standards and have to be re-audited under GAAP and PCAOB standards.
~~Chief~~The ~~Executive~~Company’s ~~Officer~~largest subsidiary is in Brazil, all the documents are in Portuguese and many of them had to be translated for the lead U.S. auditor which has a tedious and time consuming process.
~~Dated: May~~The 29original auditors in Brazil, ~~2013~~although PCAOB registered, were not able to complete the full audit and our U.S. based auditor has had to spend considerable time visiting Brazil and becoming familiar with the new operations of the Company.

2The Company has been working diligently with its accountants and auditors to complete the financial reporting and the audit. Management believes that the audit and review work necessary to file the amended Form 8-K and the Form 10-Q’s for the quarters ended June 30, 2014 and September 30, 2014 should be completed in January 2015. Upon filing these reports, the Company will become current in its SEC filings and compliant with its financial reporting obligations.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	CIAO GROUP, INC.

	/s/ Eugenio Santos

	Eugenio Santos
	Chief Executive Officer

Dated: December 8, 2014

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