COSMO VENTURES INC. (TPE:2883) Files An 8-K Changes in Registrant’s Certifying Accountant

(i)

On August 8, 2016, the Company dismissed the Former
Accounting Firm as its independent registered public
accounting firm effective on that date.

(ii)

The Former Accounting Firm of the Company’s financial
statements has not issued an adverse opinion or disclaimer
of opinion and was not qualified or modified as to
uncertainty, audit scope, or accounting principles up to
and including March 31, 2014.

(iii)

The reports of the Former Accounting Firm on the Company’s
financial statements as of and for the year ended March 31,
2014 contained an explanatory paragraph which noted that
there was substantial doubt as to the Company’s ability to
continue as a going concern as the Company has incurred net
losses since inception and existing uncertain conditions
which the Company faces relative to its obtaining capital
in the equity markets.

(v)

The Company’s Board made the decision to change
independent accountants; acting under authority delegated
to it, and approved the change of the independent
accountants at a Board of Director’s meeting on December
9, 2016.

(iv)

During the period through December 9, 2016, there (i) have
been no disagreements with the Former Accounting Firm 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 the
Former Accounting Firm, would have caused the Former
Accounting Firm to make reference to the subject matter of
such disagreements in its reports on the financial
statements for such years and (ii) were no reportable
events of the kind in Item 304(a)(1)(v) of Regulation S-K.

(i)

On December 8, 2016, the Directors approved the appointment
of GBH CPAs, PC (GBH) as the Companys new independent
registered public accounting firm commencing for its year
ended March 31, 2015.

(ii)

In connection with the Companys appointment of GBH as the
Companys independent public accounting firm, the Company
has not consulted GBH on any matter relating to either (i)
the application of accounting principals to a specific to a
specific transaction, either completed or contemplated, or
the type of audit opinion that might be rendered on the
Companys financial statements or (ii) any matter that was
subject of a disagreement (as that term is defined in Item
304(a)(1)(iv) of Regulation SK and the related
instructions) or a reportable event (as that term is
defined in Item 304(a)(1)(v) of Regulation S-K).

Exhibit No.

Description of Exhibit