Effective August 5, 2009, Russell C. Ball resigned from his seat on the Ascend Acquisition Corp.'s Board of Directors. Mr. Ball indicated that his resignation was not due to any disagreement with the company.

Ascend Acquisition Corp. filed its 10-K on March 31, 2009 for the period ending December 31, 2008. In this report its auditor, GBH CPAs, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Ascend Acquisition Corp. announced that it had engaged a new independent registered public accounting firm, Malone & Bailey, PC to audit the Company's financial statements for the year ending December 31, 2008. On January 20, 2009, the Company dismissed Malone as the Company's independent registered public accounting firm because the Company's audit partner at Malone resigned from Malone and accepted a position at GBH CPAs, PC. On January 20, 2009, the Company engaged a new independent registered public accounting firm, GBH CPAs, PC ('GBH'), to audit the Company's financial statements for the year ending December 31, 2008. The Company's Board of Directors approved the decision to engage GBH.