ADAMA TECHNOLOGIES CORP. (OTCMKTS:ADAC) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 Changes in Registrant’s Certifying Accountant
On September 19, 2016, Adama Technologies Corp. (the “Company”) was notified by its certifying accountant Anton & Chia, LLP (“Anton”) that Anton had elected to resign as the Company’s certifying accountant and auditor. Anton asserts that its decision to resign is not the result of any disagreement with the Company or its management during the Company’s two most recent fiscal years or any subsequent interim period preceding the termination. In connection with the audits of the Company’s financial statements for the fiscal year ended December 31, 2015 and through the date of this Current Report, there were: (i) no disagreements with Anton on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of Anton, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its reports, and (ii) no reportable events of the type described in Item 304(a)(1)(v) of Regulation S-K. Anton, as our principal independent accountant, did not provide an adverse opinion or disclaimer of opinion to our financial statements, nor modify its opinion as to uncertainty, audit scope or accounting principles, except that the reports of Anton, for the fiscal years ended December 31, 2015 and 2014 contained explanatory paragraphs in which they indicated conditions which raised substantial doubt about our ability to continue as a going concern. Since the date of Anton’s resignation, the Company has filed quarterly reports with the SEC in which Anton had no involvement.
Anton provided to the Company a letter addressed to the Securities and Exchange Commission stating whether or not Anton agrees with the statements made herein. A copy of such letter, dated December 9 2016, furnished by Anton is filed as Exhibit 16.1 to this Form 8-K.
On December 2, 2016, the Company engaged PLS CPA, A Professional Corporation (“PLS”) to be its certifying accountant. During the Company’s recent fiscal year and through December 5, 2016, neither the Company nor anyone on its behalf consulted with PLS regarding (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 the Company’s financial statements, and neither a written report nor oral advice was provided that PLS concluded was an important factor considered by the 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 Item 304(a)(1)(iv) of Regulation S-K and its related instructions, or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
Exhibits
16.1 Letter of Anton & Chia, LLP dated December 9, 2016
About ADAMA TECHNOLOGIES CORP. (OTCMKTS:ADAC)
Adama Technologies Corporation is a shell company. The Company was engaged in various mining and mineral activities through acquisition and licensing transactions. The Company is seeking merger or acquisition partners as its sole activity. The Company’s sole business plan is to identify, negotiate and enter into an acquisition transaction with an operating company on terms to be negotiated with the interests of its shareholders. As of December 31, 2015, the Company had not conducted business operations and generated any revenues. ADAMA TECHNOLOGIES CORP. (OTCMKTS:ADAC) Recent Trading Information
ADAMA TECHNOLOGIES CORP. (OTCMKTS:ADAC) closed its last trading session at 0.00100 with shares trading hands.