Item
4.01 CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT
Previous
independent registered public accounting firm
From
July 13, 2016 through March 19, 2017, Anton & Chia, LLP (“AC”) were the independent registered public
accounting firm of Cyclone Power Technologies, Inc., a Florida corporation (the”Company”). On March 19, 2017, we
notified AC we were terminating it as our independent certifying accountant.
None
of our previous audit reports, in particular the audit reports for the fiscal years ended December 31, 2015 and December 31, 2014,
contained any adverse opinion or disclaimer of opinion, nor were qualified or modified as to uncertainty, audit scope, or accounting
principles, except for going concern qualification on the Company’s financial statement for the fiscal years ended December
31, 2015 and 2014.
During
the Company’s two most recent fiscal years, the subsequent interim periods thereto, and through March 19, 2017, there were
no disagreements (as defined in Item 304 of Regulations S-K) with AC 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 CA would have
caused it to make reference in connection with its opinion to the subject matter of the disagreement. Further, during the Company’s
two most recent fiscal years, the subsequent interim periods thereto, and through March 19, 2017, there were no reportable events
(as defined in Item 304(a)(a)(v) of Regulation S-K).
We
furnished AC with a copy of this disclosure on March 22, 2017, providing AC with the opportunity to furnish the Company with
a letter addressed to the Commission stating whether it agrees with the statements made by the Company herein in response to
Item 304(a) of Regulation S-K and, if not, stating the respect in which AC does not agree.
A copy of AC response is
filed as exhibit 16.1 to this report.
New
independent registered public accounting firm
On
March 19, 2017, we engaged Soles, Heyn & Company, Certified Public Accountant, 120 S. Olive Avenue, Suite 501, W. Palm Beach, FL 33401,
telephone 561-429-6377, an independent registered public accountant, as our principal independent accountant with the approval
of our board of directors.
During
the two most recent fiscal years and through the date of engagement, we have not consulted with Soles, Heyn & Company regarding either:
1.
The application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion
that might be rendered on our financial statements, and neither a written report was provided to us or oral advice was provided
that Soles, Heyn & Company concluded was an important factor considered by us in reaching a decision as to the accounting, auditing
or financial reporting issue: or
2.
Any matter that was either subject of disagreement or event, as defined in Item 304(a)(1)(iv)(A) of Regulation S-K and the related
instruction to Item 30r of Regulation S-K, or a reportable event, as that term is explained in Item 304(a)(1)iv)(A) of Regulation
S-K.