RICH PHARMACEUTICALS, INC. (OTCMKTS:RCHA) Files An 8-K Changes in Registrant’s Certifying Accountant

0

RICH PHARMACEUTICALS, INC. (OTCMKTS:RCHA) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 9.01 Changes In Registrant’s Certifying Public Accountant

(a) Dismissal of KLJ & Associates, LLP (“KLJ”).

On September 5, 2017 (the “Dismissal Date”), the Board of Directors of the Company determined to dismiss KLJ as its independent registered public accounting firm.

The report of KLJ on the audited financial statements of the Company for the fiscal years ended March 31, 2017 and March 31, 2016 did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles, except a going concern qualification on the Company’s financial statements for the fiscal years ended March 31, 2017 and March 31, 2016.

During the Company’s two most recent fiscal years, the subsequent interim periods thereto, and through the Dismissal Date, there were no disagreements (as defined in Item 304 of Regulation S-K) with KLJ on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KLJ, would have caused it to make reference in connection with its opinion to the subject matter of the disagreement. Further, during the Company’s two most recent fiscal years, the subsequent interim periods thereto, and through the Dismissal Date, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).

The Company provided KLJ with a copy of this Report prior to its filing with the Securities and Exchange Commission (the “SEC”) and requested KLJ to furnish the Company with a letter addressed to the SEC, stating whether or not it agrees with the statements made above and, if not, stating the respects in which they do not agree. A copy of such letter is filed as an exhibit to this report.

(b) Engagement of Anton & Chia, LLP (“Anton & Chia”)

On September 5, 2017 (the “Engagement Date”), the Company’s Board of Directors approved the appointment of Anton & Chia as the Company’s independent registered public accounting firm. During the Company’s two most recent fiscal years, the subsequent interim periods thereto, and through the Engagement Date, neither the Company nor anyone on its behalf consulted Anton & Chia regarding either (1) the application of accounting principles to a specified transaction regarding the Company, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements; or (2) any matter regarding the Company that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions to Item 304 of Regulation S-K) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits

The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.

Exhibit No.

Description

Letter regarding change in certifying accountant


Rich Pharmaceuticals, Inc. Exhibit
EX-16 2 ex16.htm EX-16     September 14,…
To view the full exhibit click here

About RICH PHARMACEUTICALS, INC. (OTCMKTS:RCHA)

Rich Pharmaceuticals, Inc. is a development-stage company. The Company is a biopharmaceutical company focused on developing and commercializing therapies in oncology. The Company is developing 12-O-tetradecanoylphorbol-13-acetate (RP-323) for the treatment of Hodgkin’s lymphoma (HL), Acute Myelogenous Leukemia (AML) and to cause elevation of white blood cells in patients depleted of these elements due to various conditions. RP-323 is a naturally occurring compound. RP-323 converts cancer cells to normal cells, a process called differentiation. It is also observed in some instances to cause cancer cell death. Clinical studies in over 100 cancer patients demonstrated the ability of RP-323 to stimulate the production of white blood cells and neutrophils. The Company has no products ready for commercialization. The Company had no revenues during the period ending March 31, 2016.