RETC 12 Retech Corporation (CE)

Item 4.01 – Changes in Registrant’s Certifying Accountant

On September 17, 2018, 12 ReTech Corporation engaged a new audit firm Rose, Snyder & Jacobs, LLP (RSJ) as the Company’s independent registered public accounting firm for the year ending December 31, 2018.

During the two most recent fiscal years ended December 31, 2016 and December 31, 2017 and during the subsequent interim period from January 1, 2018 through June 30, 2018, neither the Company nor anyone on its behalf consulted RSJ regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that RSJ concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a “disagreement” or a “reportable event” each as defined in Regulation S-K Item 304(a)(1)(v), respectively.

Rotenberg Meril Solomon Bertiger & Guttilla, P.C. (“RM”) has mutually resigned as the Company’s independent registered public accounting firm. The audit reports of RM on the consolidated financial statements of the Company for each of the two most recent fiscal years ended December 31, 2016 and December 31, 2017, 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.

During the two most recent fiscal years ended December 31, 2016 and December 31, 2017 and during the subsequent interim period from January 1, 2018 through June 30, 2018, there were no disagreements between the Company and RM on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures that, if not resolved to RM’s satisfaction, would have caused RM to make reference to the subject matter of the disagreement in connection with its reports and (ii) there were no “reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K.

The Company provided RM with a copy of the disclosures in this report prior to filing with the Securities and Exchange Commission (the “SEC”). A copy of RM’s letter to the SEC, stating whether it agrees with the statements made in this report, is filed as Exhibit 16.1 to this report.

(d) Exhibits.