Item 4.01 Changes in Registrant’s
Certifying Accountant.
On April 3, 2020, Grey
Cloak Tech Inc. (“we” or “us”) dismissed Prager Metis CPAs LLC (“Prager”) as our independent
accountants previously engaged as the principal accountants to audit our financial statements. The decision to change accountants
was approved by our Board of Directors.
On April 3, 2020, we engaged
BF Borgers CPA PC, as our independent certified public accountants. The decision to hire BF Borgers CPA PC was approved by our
Board of Directors.
Prager audited our balance
sheets as of December 31, 2018, and the related statements of operation, stockholders’ deficit, and cash flows for the year
then ended. The audit report of Prager on our financial statements for the fiscal year stated above (the “Audit Period”)
did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope
or accounting principles. The report of Prager did include an explanatory paragraph as to our ability to continue as a going concern.
During the Audit Period, and through April 3, 2020, there were no disagreements with Prager 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 the former accountants, would have caused it to make reference to the subject matter of the disagreements in connection with
its report, and there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K.
We have provided a copy
of this disclosure to Prager and have requested that Prager furnish us with a letter addressed to the Securities and Exchange Commission
stating whether they agree with the statements made by the Registrant, and, if not, stating the respects in which they do not agree.
A copy of the letter is attached hereto as Exhibit 16.1.
During the two most recent
fiscal years, or any subsequent interim period prior to engaging BF Borgers CPA PC, we nor anyone acting on our behalf consulted
with BF Borgers CPA PC regarding (i) the application of accounting principles to a specific completed or contemplated transaction,
or (ii) the type of audit opinion that might be rendered on the company’s financial statements where either written or oral
advice was provided that was an important factor considered by the company in reaching a decision as to the accounting, auditing,
or financial reporting issue, or (iii) any matter that was the subject of a disagreement with the company’s former accountant
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 the former accountant, would have caused it to make reference to the subject matter of the
disagreements in connection with its audit report.