UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): May 16, 2019


ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

(Exact name of registrant as specified in its charter)


Nevada

333-168530

27-2343603

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)


701 N. Green Valley Parkway, Suite 200
Henderson, NV

89074

(Address of principal executive offices)

(Zip Code)


Registrant s telephone number, including area code : 702-990-3271


not applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)


[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))


[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))


Securities registered pursuant to Section 12(g) of the Act:


Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common stock, $0.001 par value

AITX

OTC QB


Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company [_]


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [_]




ITEM 4.01 CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT.


On May 13, 2019, the Board of Directors of Artificial Intelligence Technology Solutions Inc. (the “Registrant”) approved and ratified the engagement of Fruci & Associates II, PLLC (“Fruci PLLC”) as the Registrant’s independent registered public accounting firm effective immediately, and dismissed Marcum LLP (“Marcum LLP”) as the Registrant’s independent registered public accounting firm.


From October 18, 2018 through May13, 2019, there were (i) no disagreements (as described in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Registrant and Marcum LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.


During the period from October 18, 2018 and through May 13, 2019, the Registrant did not consult with Fruci PLLC with respect to any matter whatsoever including without limitation with respect to any of (i) the application of accounting principles to a specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Registrant’s financial statements; or (iii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or an event of the type described in Item 304(a)(1)(v) of Regulation S-K.


The Registrant requested from Marcum LLP that it furnish a letter addressed to the Commission stating whether or not the independent auditor agrees with the above statements. Once the Registrant receives the letter from Marcum LLP, the Registrant will file a copy of same on an amended Current Report on Form 8-K.



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: May 17, 2019

Artificial Intelligence Technology Solutions Inc.

 

 

 

 

 

By: /s/ Garett Parsons

 

Garett Parsons

 

Chief Executive Officer


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