Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related
Audit Report or Completed Interim Review.
On March 4, 2020, the Company filed its annual report on Form 10-K for the
period ended December 31, 2018 with the United States Securities and Exchange
Commission. This filing was consummated without the consent of the Company's
independent public accountants as the accountants had not yet received the
management representation letter required to finish their audit of the
consolidated financial statements under professional standards and procedures
conducted for such audits, as established by generally accepted auditing
standards. Therefore, the Company's management and the independent registered
public accountants have determined that the previously issued consolidated
financial statements included in our annual report on Form 10-K for the period
ended December 31, 2018 should not be relied upon.
The Company intends to file its consolidated financial statements included in
the annual report on Form 10-K/A Amendment No. 1 for the period ended December
31, 2018, with proper authorization from our independent auditors as soon as
practicable.
The Company has informed Sadler, Gibb & Associates, LLC, the Company's
independent registered public accounting firm, of the matters disclosed in this
filing, and has included as an exhibit to this Form 8-K filing the
acknowledgement of Sadler, Gibb & Associates, LLC.
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