Item 4.01
Changes in Registrant's Certifying Accountant
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Previous independent registered public accounting firm
From February 6, 2018 through April 10, 2018, PLS CPAs ("PLS"), was the independent registered public accounting firm of our company. On April 10, 2018, we notified PLS we were terminating it as our independent certifying accountant.
PLS 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 May 31, 2017 and May 31, 2016, 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 May 31, 2017 and 2016.
From February 6, 2018 to April 10, 2018, there were no disagreements (as defined in Item 304 of Regulation S-K) with PLS 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 PLS would have caused it to make reference in connection with its opinion to the subject matter of the disagreement. Further, during the period of February 6, 2018 to April 10, 2018, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).
We furnished PLS with a copy of this disclosure, providing PLS 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 he does not agree. A copy of PLS's response is filed as Exhibit 16.1 to this Report.
New independent registered public accounting firm
On April 10, 2018, we engaged BF Borgers, CPA, PA, Certified Public Accountants ("Borgers"), an independent registered public accounting firm, 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 Borgers 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 nor oral advice was provided that Borgers 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 304 of Regulation S-K, or a reportable event, as that term is explained in Item 304(a)(1)(iv)(A) of Regulation S-K.