Item 1.01 Changes in Registrant's Certifying Accountant
Dismissal of Previous Independent Registered Public Accounting Firm
Effective November 24, 2020, upon the approval of the board of directors of the
Company, the Company dismissed Michael Gillespie & Associates, as the Company's
independent registered public accountant.
Although the report of Michael Gillespie & Associates on the Company's financial
statements for the fiscal year ended March 31, 2020 included an explanatory
paragraph that noted the doubt about the Company's ability to continue as a
going concern. They did not contain any adverse opinion or a disclaimer of
opinion, nor were they modified as to uncertainty, audit scope or accounting
principles.
During the fiscal years ended March 31, 2020 and 2019 as well as the subsequent
interim period preceding our decision to dismiss Michael Gillespie & Associates,
there have been no disagreements (as defined in Item 304(a)(1)(iv) of Regulation
S-K) between the Company and Michael Gillespie & Associates on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure, which disagreements, if not resolved to the satisfaction of
Michael Gillespie & Associates, would have caused them to make reference thereto
in their report on financial statements for such years.
On November 27, 2020, the Company provided Michael Gillespie & Associates with a
copy of the foregoing disclosures it is making in response to Item 1.01 on this
Form 8-K, and requested Michael Gillespie & Associates to furnish it with a
letter addressed to the Securities and Exchange Commission stating whether or
not it agrees with the above statements in response to Item 304(a) of Regulation
S-K and, if not, stating the respect in which it does not agree. We have
received the requested letter from Michael Gillespie & Associates, and a copy of
such letter is filed as Exhibit 16.1 to this current report on Form 8-K.
Engagement of New Independent Registered Public Accounting Firm
On November 24, 2020, upon the approval of the board of directors of the
Company, the Company engaged TAAD LLP ("TAAD") as the independent registered
public accounting firm for the Company. During the Company's fiscal years ended
March 31, 2020 and 2019 as well as the subsequent interim period preceding our
decision to retain TAAD, the Company did not consult with TAAD regarding any of
the matters or events set forth in Item 304(a)(2) of Regulation S-K.
Item 9.01 Exhibits.
Exhibit No. Description
16.1 Letter from Michael Gillespie & Associates, dated November 27,
2020
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