Item 4.01. Changes in Registrant's Certifying Accountant.
(a) Dismissal of Independent Registered Accounting Firm
On October 20, 2020, the Board of Directors of Sollensys Corp. (the "Company")
terminated the engagement of BF Borgers CPA PC ("Borgers") as the Company's
independent registered accounting firm.
Borgers' reports on the Company's financial statements for the fiscal years
ended March 31, 2020 and 2019 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. Furthermore, during the Company's two most recent fiscal
years and through October 20, 2020, there have been no disagreements with
Borgers on any matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which disagreements, if not resolved
to Borgers' satisfaction, would have caused Borgers to make reference to the
subject matter of the disagreement in connection with its reports on the
Company's financial statements for such periods.
For the fiscal years ended March 31, 2020 and 2019 and through October 20, 2020,
there were no "reportable events" as that term is described in Item 304(a)(1)(v)
of Regulation S-K.
The Company provided Borgers with a copy of the disclosure contained herein,
prior to its filing with the Securities and Exchange Commission (the
"Commission"), and requested that Borgers furnish the Company a letter addressed
to the Commission stating whether or not it agreed with the statements herein
and, if not, stating the respects in which it does not agree. Borgers' letter to
the Commission is attached hereto as Exhibit 16.1.
(b) Engagement of New Independent Registered Accounting Firm
On October 20, 2020, the Company's Board of Directors appointed MaloneBailey LLP
("MaloneBailey") as the Company's new independent registered accounting firm.
During the Company's two most recent fiscal years and through October 20, 2020,
neither the Company nor anyone acting on the Company's behalf consulted
MaloneBailey with respect to any of the matters or reportable events set forth
in Item 304(a)(2)(i) and (ii) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
16.1 Letter of BF Borgers CPA PC to the Commission dated October 21, 2020.
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