GLOBAL TECH INDUSTRIES GROUP, INC. (OTCMKTS:GTII) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 Changes in Registrants Certifying Accountant.
On April 3, 2017, Global Tech Industries Group, Inc. (the
Company) terminated the engagement of DLL CPAS, LLC. (DLL). The
Company has not had any disputes with DLL regarding any matters.
There had been no disagreements with DLL on any matter of
accounting principles or practices from December 23, 2016, the
date of their engagement through April 3, 2017. DLL had informed
the Company that their auditing scope was primarily focused on
American companies. In the interim between December 23, 2016 and
April 3, 2017, the Company has acquired a Hong Kong based company
that needs an independent accountant to perform the necessary
audit, so the Company sought to engage a new independent auditor
to perform these services.
On April 4, 2017, the Company engaged KSP Group, Inc. as its
independent accountant to provide auditing services going forward
for the Company. Prior to such engagement, the Company had no
consultations with KSP Group, Inc. The decision to retain KSP
Group, Inc. was approved by the Companys Board of Directors on
April 1, 2017.
On April 5, 2017. the Company provided DLL with its disclosures
in the Current Report on a Form 8-K disclosing the termination of
DLL and requested in writing that DLL furnish the Company with a
letter addressed to the Securities and Exchange Commission
stating whether or not they agree with such disclosures. DLLs
response is filed as an exhibit to this Current Report on Form
8-K.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description | |
| 16.1 | Letter dated April 5, 2017 from DLL CPAS, LLC. |
About GLOBAL TECH INDUSTRIES GROUP, INC. (OTCMKTS:GTII)
Global Tech Industries Group, Inc., formerly Tree Top Industries Inc., is a development-stage company. The Company is engaged in acquiring companies and technologies using various business paradigms, including exchange of stock, joint venture and other partnership configurations. The Company is involved in producing oil from its oil and gas operations in the State of Kansas. The Company holds working interest in the Ownbey Oil and Gas leases in Chautauqua County Kansas. The lease has approximately 13 working wells out of a total of over 30 wells. The Company owns intellectual properties pertaining to the construction of the mobile configuration and operation of the glyd-arc medical waste destruction unit, as well as configuration and method for coal gasification. Its subsidiaries include NetThruster, Inc., BioEnergy Applied Technologies Inc., GoHealthMD, Inc., MLN, Inc., Eye Care Centers International, Inc., TTI Strategic Acquisitions and Equity Group, Inc. and TTII Oil & Gas, Inc. GLOBAL TECH INDUSTRIES GROUP, INC. (OTCMKTS:GTII) Recent Trading Information
GLOBAL TECH INDUSTRIES GROUP, INC. (OTCMKTS:GTII) closed its last trading session up +0.005 at 0.200 with 28,955 shares trading hands.