Item 4.01 Changes in Registrant's Certifying Accountant
On February 13, 2023, Flexpoint Sensor Systems, Inc. ("Flexpoint") dismissed
Sadler, Gibb & Associates, LLC as our independent registered public accounting
firm. Sadler, Gibb & Associates, LLC audited our financial statements for the
fiscal years ended December 31, 2021 and 2020 and its report, dated March 31,
2022, was modified only as to the uncertainty of our ability to continue as a
going concern. Except for this modification, the report did not contain an
adverse opinion, disclaimer of opinion, nor was it qualified or modified as to
uncertainty, audit scope or accounting principles.
Our board of directors approved the dismissal of Sadler, Gibb & Associates, LLC
and there were no disagreements between Flexpoint and Sadler, Gibb & Associates,
LLC on any matter regarding accounting principles or practices, financial
statement disclosure, or auditing scope or procedure during the two fiscal years
ended December 31, 2021 and 2020 or any subsequent interim period preceding the
date of dismissal.
There were no reportable events (as that term is used in Item 304(a)(1)(v) of
Regulation S-K) between Flexpoint and Sadler, Gibb & Associates, LLC occurring
during the two fiscal years ended December 31, 2021 and 2020 or any subsequent
interim period preceding the date of dismissal.
We provided a copy of this current report on Form 8-K to Sadler, Gibb &
Associates, LLC prior to filing this current report and we requested that
Sadler, Gibb & Associates, LLC furnish a letter addressed to the Securities and
Exchange Commission stating whether or not it agrees with the statements made in
this current report. Sadler, Gibb & Associates, LLC has furnished the requested
letter and it is attached as exhibit 16.1.
Management is currently in the process of engaging a new auditing firm.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
16.1 Letter of agreement from Sadler, Gibb & Associates, LLC, dated February
15, 2023
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