UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

January 9, 2005

Date of Report (Date of earliest event reported)

SVC FINANCIAL SERVICES, INC.

(Exact name of registrant as specified in its charter)

Colorado, U.S.A. 84-1343219

(State or other jurisdiction of (I.R.S. Employer

incorporation or organization) Identification No.)

235 Montgomery Street, Suite 956, San Francisco, California 94104

(Address of principal executive offices)

(866) 370-9600

(Issuer's telephone number, including area code)

N/A

(Former name, former address and former fiscal year,

if changed since last report)

Item 4.01.
Changes in Registrant's Certifying Accountant

(a) Previous independent accountants

(i) Effective January 9, 2005, SVC Financial Services, Inc. ("Registrant", "SVC" or the "Company"), confirmed with its auditors, Weinberg & Co. ("Weinberg"), that the firm would no longer be representing the Registrant as its accountants. As of that date, Registrant informed Weinberg that Weinberg was dismissed as the Registrant's accountants.

(ii) Weinberg last reported on Registrant's financial statements as of August 17, 2004 (for the fiscal year ended September 30, 2003). Registrant's financial statements for the past two years, as audited by Weinberg and Lichter, Weil & Associates, included independent auditor's reports containing explanatory paragraphs describing the uncertainty as to the Company's ability to continue as a going concern.

(iii) The change of independent accountants was ratified by the Board of Directors of Registrant on January 9, 2005.

(iv) During Registrant's two most recent fiscal years and the subsequent interim period through January 9, 2005, there were no disagreements with Weinberg on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved, to Weinberg's satisfaction, would have caused it to make reference to the subject matter of the disagreement in connection with its report. However, Weinberg's reports on the Company's consolidated financial statements contained an explanatory paragraph describing the uncertainty as to the Company's ability to continue as a going concern.

(v) During the two most recent fiscal year and the subsequent interim period through January 9, 2005, there have been no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)).

(a) During the previous two fiscal years and the subsequent interim period through January 9, 2005, Weinberg did advise Registrant that the internal controls necessary for the registrant to develop reliable financial statements do not exist.

(b) During the previous two fiscal years and the subsequent interim period through January 9, 2005, Weinberg did not advise Registrant that any information had come to their attention which had led them to no longer be able to rely on management's representation, or that had made Weinberg unwilling to be associated with the financial statements prepared by management.

(c) During the previous two fiscal years and the subsequent interim period through January 9, 2005, Weinberg did advise Registrant that the scope of any audit needed to be expanded significantly and that more investigation was necessary.

(d) During the previous two fiscal years and the subsequent interim period through January 9, 2005, Weinberg did not advise Registrant that there was any information which the accountants concluded would materially impact the fairness and 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 (including information that, unless resolved to the accountant's satisfaction, would prevent it from rendering an unqualified audit report on those financial statements.

(vi) The Registrant has requested that Weinberg furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter, dated January 21, 2005, is filed as Exhibit 16.1 to this Form 8-K.

(b) New independent accountants

The Registrant has engaged Pohl, McNabola, Berg & Company ("PMB") as its new independent accountant on January 9, 2005. Prior to January 9, 2005 the Registrant had not consulted with PMB regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Registrant's consolidated financial statements, and no written report or oral advice was provided to the Registrant by PMB concluding there was an important factor to be considered by the Registrant in reaching a decision as to an accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K, or a reportable event, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K.

Item 9.01. Financial Statement and Exhibits

Exhibit 16.1 Letter from Weinberg dated January 21, 2005.

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.

Dated: January 21, 2005

SVC FINANCIAL SERVICES, INC.

/s/ Christopher Haigh

Christopher Haigh,

President

Exhibit 16.1

January 21, 2005

Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

Re: SVC FINANCIAL SERVICES, INC.

Commission File No. 000-26969

Ladies and Gentlemen:

We have read Item 4 of SVC Financial Services, Inc.'s Form 8-K dated January 21, 2005, and we agree with such statements, except that we are not in a position to confirm that SVC Financial Services, Inc. engaged new principal accountants on January 9, 2005, and therefore, during the fiscal years ended December 31, 2003 and 2002, and the subsequent interim period to the date hereof, SVC Financial Services, Inc. did not consult PMB regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-B.

Very truly yours,

/s/ Weinberg & Co.

Weinberg & Co.

SVC FINANCIAL SERVICES INC 8-K