Item 4.01
Changes in Registrant’s Certifying Accountant
As previously disclosed on Form 8-K, on October 2, 2017, Joblocationmap Inc. (the “
Company
”) completed a share exchange transaction (the “
Reverse Merger
”) in which the Company issued shares of its common stock to the stockholders of Bio Health Products Inc. (“
BHP
”), in exchange for all of the issued and outstanding shares of common stock of BHP. As a result of the Reverse Merger, BHP became the Company’s wholly owned operating subsidiary. At the time of the Reverse Merger, Michael Gillespie & Associates, PLLC (“
Gillespie
”) was the Company’s independent registered public accounting firm of record and BF Borgers CPA PC, Certified Public Accountants (“
Borgers
”) was BHP’s independent registered public accounting firm of record.
Pursuant to Section 12230.1 of the Securities and Exchange Commission Financial Reporting Manual, unless the same accountant reported on the most recent financial statements of both the registrant and the accounting acquirer, a reverse acquisition always results in a change in accountants.
(a) Previous independent registered public accounting firm
In connection with the Reverse Merger, on November 30, 2017, the Company’s Board of Directors approved the dismissal of Gillespie as the Company’s independent registered public accounting firm and the engagement of Borgers as the Company’s independent public accounting firm.
Gillespie has not provided our company with an audit report, however, none of our previous audit reports, in particular the audit reports for the fiscal years ended December 31, 2016 and December 31, 2015, contained any adverse opinion or disclaimer of opinion, nor were qualified or modified as to uncertainty, audit scope, or accounting principles, except for a going concern qualification on the Company’s financial statements for the fiscal years ended December 31, 2016 and December 31, 2015.
From May 8, 2017 to November 30, 2017, there were no disagreements (as defined in Item 304 of Regulation S-K) with Gillespie 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 Gillespie would have caused it to make reference in connection with its opinion to the subject matter of the disagreement. Further, during the period of May 8, 2017 to November 30, 2017, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K), except that Gillespie has advised us that they were unable to satisfy themselves as to the sufficiency of audit evidence obtained related to debt.
We provided Gillespie, with a copy of this disclosure before its filing with the SEC. We requested that Gillespie, provide us with a letter addressed to the SEC stating whether or not they agree with the above statements. A copy of the letter provided from Gillespie is filed as Exhibit 16.1 to this Current Report on Form 8-K.
(b) New independent registered public accounting firm
On November 30, 2017 we engaged Borgers as our principal accountant to audit our financial statements as successor to Gillespie. During our two most recent fiscal years or subsequent interim periods, we have not consulted with Borgers regarding the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, nor did Borgers provide advice to our company, either written or oral, that was an important factor considered by our company in reaching a decision as to the accounting, auditing or financial reporting issue.
Further, during our two most recent fiscal years or subsequent interim period, we have not consulted Borgers on any matter that was the subject of a disagreement or a reportable event.