DIEGO PELLICER WORLDWIDE. INC. (OTCMKTS:DPWW) Files An 8-K Changes in Registrant’s Certifying Accountant
ITEM 4.01 CHANGE IN COMPANYS CERTIFYING ACCOUNTANT
On May 12, 2017, the Board of Directors of Diego Pellicer
Worldwide, Inc. (the Company) approved the dismissal of
Paritz Company, P.A. (Paritz) as the registered independent
registered public accountant and ratified and approved the
appointment of RBSM, LLP (RBSM) as the Companys registered
independent public accounting firm for calendar year 2017.
Other than the disclosure of an uncertainty regarding the ability
of the Company to continue as a going concern which was included
in Paritzs report on our financial statements for the years ended
December 31, 2016 and December 31, 2015, Paritzs reports on the
financial statements of the Company for the years ended December
31, 2016 and December 31, 2015, did not contain an adverse
opinion or a disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting
principles.
During the years ended December 31, 2016 and December 31, 2015
and the subsequent interim period preceding Paritzs dismissal,
there were: (i) no disagreements (within the meaning of Item
304(a) of Regulation S-K) with Paritz 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 Paritz, would have caused it to make
reference to the subject matter of the disagreements in its
reports on the consolidated financial statements of the Company;
and (ii) no reportable events (as such term is defined in Item
304(a)(1)(v) of Regulation S-K), except for material weaknesses
in the Companys internal control over financial reporting as
described in the Companys Annual Reports on Form 10-K for the
years ended December 31, 2016 and December 31, 2015, which have
not been corrected as of the date of this filing.
During the years ended December 31, 2016 and December 31, 2015
and the subsequent interim period preceding RBSMs appointment,
neither the Company nor anyone acting on its behalf consulted
RBSM 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
the Companys financial statements, and no written report or oral
advice was provided to the Company that RBSM 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 the subject of a disagreement or
reportable event (within the meaning of Item 304(a) of
Regulation S-K and Item 304(a)(1)(v) of Regulation S-K,
respectively).
The Company provided a copy of the foregoing disclosures to
Paritz on the date of the filing of this report and requested
that Paritz furnish it with a letter addressed to the Securities
and Exchange Commission stating whether or not it agrees with the
statements in this Report.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit No. | Description | |
10.8 |
Letter from Paritz Company, P.A. to the Securities and Exchange Commission, dated May 17, 2017. |
About DIEGO PELLICER WORLDWIDE. INC. (OTCMKTS:DPWW)
Diego Pellicer Worldwide, Inc., formerly Type 1 Media, Inc., is a development-stage company. The Company is a real estate and a consumer retail development company. The Company is focused on developing its Diego Pellicer marijuana brand along with both cannabis and non-cannabis products. The Company’s initial focus is to acquire and develop legally compliant real estate locations for the purposes of leasing them to state licensed companies in the cannabis industry. The Company leases real estate to licensed marijuana operators, including but not limited to, providing complete growing space, processing space, recreational and medical retail sales space and related facilities to licensed marijuana growers, processors, dispensary and recreational store operators. Additionally, the Company plans to explore ancillary opportunities in the regulated marijuana industry, as well as offering for wholesale distribution branded non-marijuana clothing and accessories. DIEGO PELLICER WORLDWIDE. INC. (OTCMKTS:DPWW) Recent Trading Information
DIEGO PELLICER WORLDWIDE. INC. (OTCMKTS:DPWW) closed its last trading session down -0.003 at 0.230 with shares trading hands.