ITEM 4.01 Changes in Registrant's Certifying Accountant.
(a) Previous independent registered public accounting firm
On August 28, 2020, the Company dismissed Raul Carrega, CPA (the "Former
Auditor") as the independent registered public accounting firm of the Company.
The decision to dismiss the Former Auditor was approved by the Company's Board
of Directors.
The Company engaged the Former Auditor during the period from February 6, 2020
to August 28, 2020 (the "Engagement Period"). During the Engagement Period, the
Former Auditor did not issue any audit reports on the Company's consolidated
financial statements.
During the fiscal year ended June 30, 2020 and through the date of this Current
Report on Form 8-K (the "Report"), there were no disagreements between the
Company and Former Auditor on matters of accounting principles or practices,
financial statement disclosure or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of the Former Auditor, would
have caused the Former Auditor to make reference to the subject matter of the
disagreement in its report on the consolidated financial statements for such
years.
During the fiscal year ended June 30, 2020 and through the date of this Current
Report on Form 8-K, there were no reportable events as that term is defined in
Item 304(a)(1)(v) of Regulation S-K.
The Company provided the Former Auditor with a copy of the disclosures it is
making in the Report prior to the time the Report was filed with the Securities
and Exchange Commission (the "SEC"). The Company has requested that the Former
Auditor furnish a letter addressed to the SEC stating whether or not it agrees
with the statements made herein. Attached as Exhibit 16.1 is a copy of the
Former Auditor's letter addressed to the SEC relating to the statements made by
the Company in this report on this Form 8-K.
(b) New independent registered public accounting firm
On August 28, 2020, (the "Engagement Date"), the Company engaged SS Accounting
and Auditing Inc. ("New Auditor") as its independent registered public
accounting firm for the Company's fiscal year ended June 30, 2020. The decision
to engage the New Auditor as the Company's independent registered public
accounting firm was approved by the Company's Board of Directors.
During the two most recent fiscal years and through the Engagement Date, the
Company has not consulted with the New Auditor regarding either:
1. application of accounting principles to any specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Company's financial statements, and neither a written report was provided to
the Company nor oral advice was provided that the New Auditor concluded was an
important factor considered by the Company in reaching a decision as to the
accounting, auditing or financial reporting issue; or
2. any matter that was either the subject of a disagreement (as defined in
Regulation S-K, Item 304(a)(1)(iv) and the related instructions) or reportable
event (as defined in Regulation S-K, Item 304(a)(1)(v)), respectively.
ITEM 9.01 Financial Statements and Exhibits.
Exhibit 16.1: Letter from Raul Carrega, CPA dated September 2, 2020 to the
Securities and Exchange Commission.
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