Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

NOBLE VICI GROUP, INC.

(NVGI)
SummaryChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

NOBLE VICI GROUP, INC. : Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits (form 8-K)

06/01/2021 | 01:07pm EDT

Item 4.01 Change in Registrant's Certifying Accountant

On May 25, 2021, the Board of Directors of Noble Vici Group, Inc., a Delaware corporation ("we" or "us"), accepted the resignation of Exelient PAC ("Exelient") as our independent registered public accountant., effective immediately. Except as noted in the paragraph immediately below, the reports of Exelient PAC on the Company's consolidated financial statements for the year ended March 31, 2020 did not contain an adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.

The reports of Exelient on the Company's consolidated financial statements as of and for the year ended March 31, 2020 contained explanatory paragraphs which noted that there was substantial doubt as to the Company's ability to continue as a going concern as the Company has not generated any revenues and has incurred operating losses since inception, which raised doubt about its ability to continue as a going concern.

During the year ended March 31, 2020, the Company has not had any disagreements with Exelient on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Exelient's satisfaction, would have caused them to make reference thereto in their reports on the Company's consolidated financial statements for such periods.

During the year ended March 31, 2020, there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K.

We have requested that Exelient furnish us with a letter addressed to the Commission stating whether it agrees with the above statements. A copy of this letter is included herewith as Exhibit 16.1.

On May 31, 2021, we retained the firm of J&S Associate ("J&S"), to audit our consolidated financial statements for our fiscal year ending March 31, 2021.

During the fiscal year ended March 31, 2020, and through the date of this Form 8-K, neither the Company nor anyone acting on its behalf consulted J&S regarding (1) 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 Company's consolidated financial statements, and J&S did not provide either a written report or oral advice to the Company that was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (2) any matter that was either the subject of a disagreement with Exelient on accounting principles or practices, financial statement disclosure or auditing scope or procedures, which, if not resolved to the satisfaction of Exelient, would have caused Exelient to make reference to the matter in their report, or a "reportable event" as described in Item 304(a)(1)(v) of Regulation S-K of the SEC's rules and regulations.

Item 9.01. Financial Statements and Exhibits.




(c). Exhibits.



Number   Exhibit

16.1       Consent of Exelient PAC  .














  2

© Edgar Online, source Glimpses

All news about NOBLE VICI GROUP, INC.
07/13NOBLE VICI : Management's Discussion and Analysis of Financial Condition and Res..
AQ
07/13Noble Vici Group, Inc. Reports Earnings Results for the Full Year Ended March..
CI
06/01NOBLE VICI GROUP, INC. : Changes in Registrant's Certifying Accountant, Financia..
AQ
04/05NOBLE VICI GROUP, INC. : Change in Directors or Principal Officers (form 8-K)
AQ
04/05Noble Vici Group, Inc. Accepts the Resignation of Sin Chi Yip from His Positi..
CI
02/16NOBLE VICI : Management's Discussion and Analysis of Financial Condition and Res..
AQ
2020NOBLE VICI : Management's Discussion and Analysis of Financial Condition and Res..
AQ
2020Noble Vici Group, Inc. Reports Earnings Results for the Second Quarter Ended ..
CI
2020NOBLE VICI GROUP, INC. : Submission of Matters to a Vote of Security Holders (fo..
AQ
2020NOBLE VICI : Management's Discussion and Analysis of Financial Condition and Res..
AQ
More news
Financials (USD)
Sales 2021 3,07 M - -
Net income 2021 -1,68 M - -
Net Debt 2021 3,39 M - -
P/E ratio 2021 -390x
Yield 2021 -
Capitalization 190 M 190 M -
EV / Sales 2020 134x
EV / Sales 2021 214x
Nbr of Employees 8
Free-Float 31,3%
Chart NOBLE VICI GROUP, INC.
Duration : Period :
Noble Vici Group, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Wai Chong Tang Chief Executive Officer, CFO, Secretary & Director
Sector and Competitors
1st jan.Capi. (M$)
NOBLE VICI GROUP, INC.-84.35%190
MICROSOFT CORPORATION34.82%2 253 490
SEA LIMITED70.72%187 628
ATLASSIAN CORPORATION PLC73.00%101 816
ZOOM VIDEO COMMUNICATIONS, INC.-14.72%85 478
DASSAULT SYSTÈMES SE50.50%77 220