Item 4.01
Changes in Registrants Certifying Accountant.
The independent registered public accounting firm of Retractable Technologies, Inc. (the Company), CF & Co., LLP, announced that, effective June 30, 2016, all of its partners and staff have joined Moss Adams LLP. As a result, effective June 30, 2016, CF & Co., LLP resigned as the Companys independent registered public accounting firm. The Companys Audit Committee has engaged Moss Adams LLP to serve as the Companys independent registered public accounting firm effective June 30, 2016.
None of the reports of CF & Co., LLP on the financial statements of the Company for the past two years contained an adverse opinion or a disclaimer of opinion, or was qualified or modified as to uncertainty, audit scope, or accounting principles.
During the Companys fiscal years ended December 31, 2015 and 2014 and the subsequent interim periods, through the date of this Current Report on Form 8-K, there were: (i) no disagreements (as such term is used in Item 304(a)(1)(iv) of Regulation S-K) between the Company and CF & Co., LLP on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of CF & Co., LLP, would have caused CF & Co., LLP to make reference to the subject matter of the disagreement(s) in connection with its report on the Companys financial statements and (ii) no reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.
During the Companys fiscal years ended December 31, 2015 and 2014 and the subsequent interim periods, through the date of this Current Report on Form 8-K, the Company did not consult with Moss Adams LLP regarding any of the matters set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.
The Company provided CF & Co., LLP a copy of the disclosures in this Current Report on Form 8-K and requested that it furnish the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not CF & Co., LLP agrees with the Companys statements in this Item 4.01. A copy of the letter dated July 6, 2015 furnished by CF & Co., LLP in response to that request is filed as Exhibit 16 to this Current Report on Form 8-K.