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<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PURSUANT TO SECTION 13 OR 15(d)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">OF THE SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of Earliest Event Reported):
March 30, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>ZST
DIGITAL networks, INC. </B></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: Black 0.5pt solid">(Exact name
of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Delaware</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">001-34488</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">20-8057756</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: center">&nbsp;(State of Incorporation)</TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Commission File No.)</TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: center">(IRS Employer ID No.)</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ITC Kung Kuan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>No. 206 Tongbai Road,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>3rd Floor, No.2 Building,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Zhengzhou City, Henan Province</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>People&rsquo;s Republic of China 450007</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of Principal Executive Offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(86) 371-6771-6850</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s Telephone Number, Including
Area Code:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">(Former name or former
address, if changed since last report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#168;&nbsp;</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#168;&nbsp;</FONT>Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  <FONT STYLE="font-family: Wingdings">&#168;&nbsp;</FONT>Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #3F6075 0.5pt solid">  <FONT STYLE="font-family: Wingdings">&#168;&nbsp;</FONT>Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ITEM 4.01. CHANGES IN REGISTRANT&rsquo;S CERTIFYING ACCOUNTANT.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 26, 2012, BDO China Dahua CPA
Co., Ltd. (f/k/a BDO China Li Xin Da Hua CPA Co., Ltd.) (&ldquo;BDO&rdquo;) informed ZST Digital Networks, Inc. (the &quot;Company&quot;)
of its decision to resign as the Company's independent registered public accounting firm, effective immediately. The Audit Committee
of the Company&rsquo;s Board of Director accepted BDO&rsquo;s resignation as the Company&rsquo;s independent registered public
accounting firm. In its resignation letter, BDO stated the following, among other things:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;In consideration of the agreed upon
procedures we completed on December 20, 2011 for the cash verification requested by NASDAQ, which including visiting in person
of the bank, physically observing bank employees printing bank statements, etc., we planned a more simple procedure to confirm
the bank balance; but the Company refused and insisted we follow the process the Company had arranged.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;On March 6, 2012, the Company informed
us that the bank account with the largest balance as of December 31, 2011 was closed on February 24, 2012 and the balance on this
bank account was transferred to a new account in another bank. The balance as of December 31, 2011 on the former bank account was
no longer available for confirmation as we previously requested.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;The restrictions placed on us by
the Company had substantially limited our work scope and we determined were severe enough that caused us from being able to complete
the December 31, 2011 audit. Therefore, we must resign as auditor of the Company. In addition, the restrictions on the audit procedures
could indicate a probability that there were material errors in previously issued financial statements. As a result of the restriction
and work scope limitation, we are unable to rely on the Company&rsquo;s management&rsquo;s representations as they related to previously
issued financial statements.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A copy of the resignation letter was hereby
furnished as Exhibit 99.1 and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company believes that it was taking
appropriate steps in responding to BDO&rsquo;s request prior to the resignation of BDO and the reasons for BDO&rsquo;s resignation
as stated in its resignation letter are not warranted. However, BDO does not agree with the Company&rsquo;s assertion in this regard.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Other than the issues disclosed above,
during the Company&rsquo;s two most recent fiscal years ended December 31, 2011 and 2010 and during the subsequent interim period
through March 26, 2012, there were (1) no disagreements with BDO on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of BDO, would have
caused BDO to make reference to the subject matter of the disagreements in connection with its report, and (2) no events of the
type listed in paragraphs (A) through (D) of Item 304(a)(1)(v) of Regulation S-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">BDO&rsquo;s report on the Company&rsquo;s
financial statements as of and for the fiscal year ended December 31, 2010 did not contain an adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with Item 304(a)(3) of Regulation
S-K, the Company provided BDO with a copy of this disclosure on March 30, 2012, requesting BDO to furnish the Company with a letter
addressed to the Securities and Exchange Commission (the &ldquo;SEC&rdquo;) stating whether it agrees with the statements contained
herein. A letter from BDO dated March 30, 2012 is attached as Exhibit 16.1 to this current report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of the date of this Form 8-K, the Audit
Committee of the Company's Board of Directors has not retained a new independent registered public accounting firm. The Company
is currently in the process of selecting its new independent registered public accounting firm, and will file a subsequent Current
Report on Form 8-K when the selection is made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Item
4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 26, 2012, the Company was informed
by BDO that BDO can no longer support its opinion dated March 3, 2011 related to its audit of the Company&rsquo;s consolidated
financial statements for the year ended December 31, 2010 contained in the Form 10-K filed with the SEC on March 4, 2011 because
of the matters described in this Report under Item 4.01. The Company&rsquo;s Chief Executive Officer was authorized by the Audit
Committee to discuss these matters with BDO and did so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company provided BDO with a copy of
the disclosures it is making in this Form 8-K prior to the time this Form 8-K was filed with the SEC. The Company requested that
BDO furnish a letter addressed to the SEC stating whether or not it agrees with the statements made herein. A copy of BDO&rsquo;s
letter dated March 30, 2012 is filed as Exhibit 16.1 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(d) Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-decoration: underline">Exhibit</TD>
    <TD STYLE="width: 85%; text-decoration: underline; padding-right: 0; padding-left: 0">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>16.1</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">Letter from BDO, dated March 30, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1</TD>
    <TD STYLE="padding-right: 0; padding-left: 0">BDO resignation letter</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><BR>
<B>ZST Digital Networks, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: March 30, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>/s/ Bo Zhong</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-decoration: underline">Exhibit</TD>
    <TD STYLE="width: 85%; text-decoration: underline">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>16.1</TD>
    <TD>&nbsp;Letter from BDO, dated March 30, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1</TD>
    <TD>&nbsp;BDO resignation letter</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

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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
Date of Report (Date of Earliest Event Reported):
March 30, 2012
ZST
DIGITAL networks, INC.
(Exact name
of registrant as specified in its charter)
Delaware
001-34488
20-8057756
(State of Incorporation)
(Commission File No.)
(IRS Employer ID No.)
ITC Kung Kuan
No. 206 Tongbai Road,
3rd Floor, No.2 Building,
Zhengzhou City, Henan Province
People's Republic of China 450007
(Address of Principal Executive Offices)
(86) 371-6771-6850
Registrant's Telephone Number, Including
Area Code:
(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):
¨
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR.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 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On March 26, 2012, BDO China Dahua CPA
Co., Ltd. (f/k/a BDO China Li Xin Da Hua CPA Co., Ltd.) ("BDO") informed ZST Digital Networks, Inc. (the "Company")
of its decision to resign as the Company's independent registered public accounting firm, effective immediately. The Audit Committee
of the Company's Board of Director accepted BDO's resignation as the Company's independent registered public
accounting firm. In its resignation letter, BDO stated the following, among other things:
"In consideration of the agreed upon
procedures we completed on December 20, 2011 for the cash verification requested by NASDAQ, which including visiting in person
of the bank, physically observing bank employees printing bank statements, etc., we planned a more simple procedure to confirm
the bank balance; but the Company refused and insisted we follow the process the Company had arranged."
"On March 6, 2012, the Company informed
us that the bank account with the largest balance as of December 31, 2011 was closed on February 24, 2012 and the balance on this
bank account was transferred to a new account in another bank. The balance as of December 31, 2011 on the former bank account was
no longer available for confirmation as we previously requested."
"The restrictions placed on us by
the Company had substantially limited our work scope and we determined were severe enough that caused us from being able to complete
the December 31, 2011 audit. Therefore, we must resign as auditor of the Company. In addition, the restrictions on the audit procedures
could indicate a probability that there were material errors in previously issued financial statements. As a result of the restriction
and work scope limitation, we are unable to rely on the Company's management's representations as they related to previously
issued financial statements."
A copy of the resignation letter was hereby
furnished as Exhibit 99.1 and incorporated herein by reference.
The Company believes that it was taking
appropriate steps in responding to BDO's request prior to the resignation of BDO and the reasons for BDO's resignation
as stated in its resignation letter are not warranted. However, BDO does not agree with the Company's assertion in this regard.
Other than the issues disclosed above,
during the Company's two most recent fiscal years ended December 31, 2011 and 2010 and during the subsequent interim period
through March 26, 2012, there were (1) no disagreements with BDO on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of BDO, would have
caused BDO to make reference to the subject matter of the disagreements in connection with its report, and (2) no events of the
type listed in paragraphs (A) through (D) of Item 304(a)(1)(v) of Regulation S-K.
BDO's report on the Company's
financial statements as of and for the fiscal year ended December 31, 2010 did not contain an adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
In accordance with Item 304(a)(3) of Regulation
S-K, the Company provided BDO with a copy of this disclosure on March 30, 2012, requesting BDO to furnish the Company with a letter
addressed to the Securities and Exchange Commission (the "SEC") stating whether it agrees with the statements contained
herein. A letter from BDO dated March 30, 2012 is attached as Exhibit 16.1 to this current report.
As of the date of this Form 8-K, the Audit
Committee of the Company's Board of Directors has not retained a new independent registered public accounting firm. The Company
is currently in the process of selecting its new independent registered public accounting firm, and will file a subsequent Current
Report on Form 8-K when the selection is made.
Item
4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On March 26, 2012, the Company was informed
by BDO that BDO can no longer support its opinion dated March 3, 2011 related to its audit of the Company's consolidated
financial statements for the year ended December 31, 2010 contained in the Form 10-K filed with the SEC on March 4, 2011 because
of the matters described in this Report under Item 4.01. The Company's Chief Executive Officer was authorized by the Audit
Committee to discuss these matters with BDO and did so.
The Company provided BDO with a copy of
the disclosures it is making in this Form 8-K prior to the time this Form 8-K was filed with the SEC. The Company requested that
BDO furnish a letter addressed to the SEC stating whether or not it agrees with the statements made herein. A copy of BDO's
letter dated March 30, 2012 is filed as Exhibit 16.1 hereto.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit
Description
16.1
Letter from BDO, dated March 30, 2012.
99.1
BDO resignation letter
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.
ZST Digital Networks, Inc.
Date: March 30, 2012
/s/ Bo Zhong
Chief Executive Officer
EXHIBIT INDEX
Exhibit
Description
16.1
Letter from BDO, dated March 30, 2012.
99.1
BDO resignation letter