Item 4.01. Change in Registrant's Certifying Accountant
On October 7, 2022, EKIMAS Corporation (the "Company"), was notified by its
auditor, Liggett & Webb, P.A. ("Liggett & Webb") that it would no longer be
offering auditing services. On October 7, 2022, the Company retained BF Borgers
CPA PC to serve as the Company's independent registered public accounting firm.
The reports of Liggett & Webb on the Company's financial statements for the
years ended March 31, 2022 and 2021 did not contain an adverse opinion or
disclaimer of opinion and were not qualified or modified as to audit scope or
accounting principles but did contain a paragraph referring to the uncertainty
with respect to the Company's ability to continue as a going concern.
During the years ended March 31, 2022 and 2021, and in the subsequent period
through October 7, 2022, there were no disagreements with Liggett & Webb on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which if not resolved to the satisfaction of
Liggett & Webb, would have caused Liggett & Webb to make reference to the matter
in its reports on the Company's financial statements for such periods. During
the years ended March 31, 2022 and 2021, and in the subsequent period through
October 7, 2022, there were no reportable events of the types described in Item
304(a)(1)(v) of Regulation S-K.
The Company provided Liggett & Webb with a copy of the disclosures in the
preceding two paragraphs and requested in writing that Liggett & Webb furnish
the Company with a letter addressed to the Securities and Exchange Commission
stating whether or not they agree with such disclosures. Liggett & Webb provided
a letter, dated October 11, 2022 stating its agreement with such statements,
which is included as exhibit 16.1 to this Form 8-K.
During the fiscal year ended March 31, 2022 and through the date of resignation,
the Company did not consult BF Borgers CPA PC with respect to 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, or any other matter or reportable events
listed in Items 304(a)(2)(i) and (ii) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit
Number Description
16.1 Letter from Liggett & Webb to the Securities and Exchange
Commission dated October 11, 2022 with respect to the disclosure in
this Form 8-K.
Cover Page Interactive Data File (embedded within the Inline XBRL
104 document)
© Edgar Online, source Glimpses