ADDENTAX GROUP CORP. (OTCMKTS:ATXG) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01
| Changes in Registrants Certifying Accountant |
| (a) |
Previous independent registered public accounting firm |
| (i) |
On February 18, 2017 our company dismissed its independent registered public accounting firm, Pritchett Siler Hardy, PC (PSH). |
| (ii) |
The report of PSH on the financial statements of our company for the fiscal year ended March 31, 2016 did not contain an 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 our companys financial statements for the fiscal years ended March 31, 2016 and 2015. |
| (iii) |
The decision to change our independent registered public accounting firm was recommended and approved by our companys board of directors. |
| (iv) |
During our companys most recent fiscal year, the subsequent interim periods thereto, and through February 18, 2017, the date of dismissal, (a) there were no disagreements with PSH 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 PSH, would have caused it to make reference thereto in its reports on the financial statements for such years and (b) there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K. |
| (v) |
On February 21, 2017 our company provided PSH with a copy of this Current Report and has requested that it furnish our company with a letter addressed to the U.S. Securities and Exchange Commission stating whether it agrees with the above statements. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K. |
| (b) |
New independent registered public accounting firm |
On February 18, 2017, our board of directors approved the
engagement of Anthony Kam Associates Ltd. (AKAM) as our new
independent registered public accounting firm to audit and review
our companys financial statements. During our two most recent
fiscal years, the subsequent interim periods thereto, and through
February 18, 2017, the engagement date of AKAM, neither our
company, nor someone on its behalf, has consulted AKAM regarding
either:
| (i) |
the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on our companys financial statements, and either a written report was provided to our company or oral advice was provided that the new independent registered public accounting firm concluded was an important factor considered by our company in reaching a decision as to the accounting, auditing or financial reporting issue; or |
| (ii) |
any matter that was either the subject of a disagreement as defined in paragraph 304(a)(1)(iv) of Regulation S-K or a reportable event as described in paragraph 304(a)(1)(v) of Regulation S-K. |
| Item 9.01 | Financial Statements and Exhibits |
| 16.1 | Letter from Pritchett Siler Hardy, PC dated February 22, 2017 |
About ADDENTAX GROUP CORP. (OTCMKTS:ATXG)
Addentax Group Corp. is a development-stage company. The Company is working on a field of producing images on a multiple surfaces, such as glass, leather, plastic, ceramic, textile, and others using three-dimensional (3D) sublimation vacuum heat transfer machine. The 3D sublimation vacuum heat transfer machine does not require technical skills for product production. A set of printing machines includes the machine itself and all raw materials for setting up and testing, and raw materials for production process. Materials for images can be varied, such as ceramics, glass, crockery, metal, clothing, caps, bags, leather products and other products. Its products are intended for individuals, business owners associated with the sale of souvenirs, and business owners intending to order souvenirs in the corporate style. It also intends to conclude a contract of carriage with local shipping companies for delivery of its goods to cities such as Meknes, Rabat, Kenitra and across the world.
