Healthier Choices Management Corp. (OTCMKTS:HCMC) Files An 8-K Changes in Registrant’s Certifying Accountant

Healthier Choices Management Corp. (OTCMKTS:HCMC) Files An 8-K Changes in Registrant’s Certifying Accountant

Story continues below

Item 4.01 Changes in Registrants Certifying Accountant.

On April 19, 2017, Healthier Choices Management Corp. (the
Company) announced that Morrison, Brown, Argiz Farra, LLC (MBAF)
had been dismissed as the Companys independent registered public
accounting firm and filed a Current Report onForm 8-K(the
Original 8-K) in connection therewith.

At the time of the filing of the Original 8-K, MBAF had not
provided the Company with the letter addressed to the Securities
and Exchange Commission stating whether or not MBAF agreed with
the Companys statements inItem 4.01(a) of the Original 8-K. A
copy of that letter, dated April 26, 2017, is attached hereto as
Exhibit 16.1.

In its letter, MBAF indicated that it did not agree to the
statement in the Original 8-K as to the absence of reportable
events as defined in Item 304(a)(1)(v) of Regulation S-K. The
Company disagrees with MBAFs letter because it states that MBAF
had advised the Company that the combination of a number of
deficiencies in internal control over financial reporting
constitutes a material weakness in the Companys internal control
over financial reporting related to the overall maintenance of
the books and records in full accordance with United States
generally accepted accounting principles. In fact, MBAF only
advised the Companys Audit Committee and the Company in a letter
(the Draft Letter) marked Draft For Discussion Purposes Only
Subject to Review and Revision about certain deficiencies that
MBAF had identified, which Draft Letter was presented by MBAF to
the Companys Audit Committee in a meeting held on March 8, 2017.
Following MBAFs presentation of its Draft Letter at this meeting,
the Company performed its own analysis and discussed with MBAF
the issues it had raised, and concluded that such issues did not
constitute a material weakness in the Companys internal control
over financial reporting. MBAF did not deliver a final draft of
the Draft Letter to the Companys Audit Committee and did not
otherwise advise the Company about any concerns regarding
deficiencies in internal control over financial reporting (i)
during its review of the Companys Form 10-K for the year ended
December 31, 2016 (including Item 9A thereof) or (ii) at the time
MBAF delivered its opinion on the Companys financial statements
contained therein. Accordingly, the Company concluded that MBAF
agreed with the Companys position that the issues previously
raised by MBAF did not constitute a material weakness in the
Companys internal control over financial reporting. The Company
has authorized MBAF to respond fully to any inquiries of the
Company’s successor independent registered public accounting
firm concerning these issues.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number Description
16.1 Letter from Morrison, Brown, Argiz Farra, LLC, dated April
26, 2017


About Healthier Choices Management Corp. (OTCMKTS:HCMC)

Healthier Choices Management Corp., formerly Vapor Corp., is a holding company. The Company is focused on managing healthy food markets and providing consumers with healthy daily choices with respect to nutrition and other lifestyle alternatives. The Company’s segments include U.S. based retailer of vaporizers and e-liquids, and the natural and organic grocery operations in Ft. Myers, Florida. The Company sells direct to consumer through the Company-owned brick-and-mortar retail locations. The Company operates under The Vape Store and Ada’s Natural and Organic brands.

Healthier Choices Management Corp. (OTCMKTS:HCMC) Recent Trading Information

Healthier Choices Management Corp. (OTCMKTS:HCMC) closed its last trading session 00.00000 at 0.00010 with shares trading hands.

An ad to help with our costs