CHINA TELETECH HOLDING, INC. (OTCMKTS:CNCT) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01
Centurion ZD CPA Limited (“Centurion”) was previously the principal accountants for China Teletech Holding Inc., a Florida corporation (the “Company”). On June 28, 2017, Centurion resigned as the Company’s independent accounting firm, effective immediately.
The Company initially engaged Centurion in December 2, 2016 as its independent accounting firm to conduct the audit of its financial statements for the fiscal year ended December31, 2016, the interim reviews of its financial statements for each of the first three quarters of fist year ended December 31, 2017, and the audit and interim reviews, on a consolidated basis, such financial statements to a Form 8-K to be filed regarding a certain proposed transaction of the Company.
Centurion’s audit report on the Company's consolidated financial statements for the years ended December 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 in its report dated March 27, 2017 for the fiscal year ended December 31, 2016 with respect to the Company’s ability to continue as a going concern. From December 2, 2016, the date that Centurion was engaged by the Company, to the Company's fiscal year ended December 31, 2016 and during the subsequent interim period through June 28, 2017, the Company had no disagreements with Centurion 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 Centurion, would have caused it to make reference to the subject matter of the disagreements in its reports for such periods; and there were no “reportable events” as the term is described in Item 304(a)(1)(v) of Regulation S-K.
The Company has provided Centurion with a copy of this Form 8-K and requested that Centurion furnish the Company with a letter addressed to the SEC, stating whether or not Centurion agrees with the statements made by the Company in this Form 8-K. A copy of Centurion's response letter will be filed in an amendment to this Form 8-K within 10 business days of the date of this Form 8-K.
