Item
4.01. Changes in Registrant’s Certifying Accountant.
(a)
Previous Independent Accounting Firm
On
December 11, 2018, Highcom Global Security, Inc. (the “Company”) was informed by Green & Company, CPAs (“Green
& Co.”), our prior independent registered public accounting firm, that they reluctantly declined to stand for re-election
and as a result resigned as the independent public accounting firm of the Company.
The
reports of Green & Co. on the Company’s financial statements for the two most recent fiscal years did not contain
an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or
accounting principles, except that the report for each of the year ended December 31, 2016 contained a
going concern explanatory paragraph.
During
the two most recent fiscal years and through December 11, 2018, (i) there were no disagreements between the Company and Green
& Co. on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures,
which disagreements, if not resolved to the satisfaction of Green & Co., would have caused Green & Co. to make reference
to the subject matter of the disagreements in its reports on the consolidated financial statements for such years, and (ii) Green
& Co. did not advise us of any of the events requiring reporting in this Current Report on Form 8-K under Item 304(a)(1)(v)
of Regulation S-K.
The
Company provided Green & Co. with a copy of the foregoing disclosures and requested that Green & Co. furnish us with a
letter addressed to the Securities and Exchange Commission stating whether or not Green & Co. agrees with the disclosures.
A copy of such letter, dated December 12, 2018, is attached as Exhibit 16.1.
(b)
New Independent Accountants
Effective
December 12, 2018, the Company engaged Turner, Stone & Company, LLP (the “New Accounting Firm”) as our independent
registered public accounting for the year ended December 31, 2018. The engagement of Turner, Stone & Company, LLP was approved
by our Audit Committee.
The
Company has not consulted with the New Accounting Firm during our two most recent fiscal years or during any subsequent interim
period prior to December 12, 2018 (the date of the New Accounting Firm’s appointment regarding (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
our financial statements and neither a written report was provided to us nor oral advice was provided that the New Accounting
Firm concluded was an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial
reporting issue; or (iii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation
S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).
Engagement
of Turner, Stone & Company, L.L.P.
On
December 12, 2018, the Company engaged Turner, Stone & Company, L.L.P. (“Turner”), an independent registered public
accounting firm which is registered with, and governed by, the rules of the Public Company Accounting Oversight Board, as its
independent registered public accounting firm.