MicroChannel Technologies Corporation (OTCMKTS:MCTC) Files An 8-K Changes in Registrant’s Certifying AccountantITEM 4.01. Changes in Registrant’s Certifying Accountant.
(a)(1) Previous independent registered public accounting firm:
Peterson Sullivan LLP:
| (i) | On October 5, 2017, Peterson Sullivan LLP (“Peterson”) notified us that it was their intention not to continue as our auditor. |
| (ii) | Peterson has not issued a report on our financial statements for the past two fiscal years. |
| (iii) | Our Board of Directors did not participate in Peterson’s decision to not continue as our auditor. |
| (iv) | During the fiscal years ended August 31, 2017 and 2016, and the interim periods through October 5, 2017, there have been no disagreements with Peterson on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that Peterson is aware of or were made known to Peterson, which disagreements if not resolved to the satisfaction of Petersonwould have caused them to make reference thereto in a report on our financial statements. |
| (v) | We have authorized Peterson to respond fully to the inquiries of the successor accountant. |
| (vi) | During the years ended August 31, 2017 and 2016, and the interim period through October 5, 2017, there have been no reportable events with us as set forth in Item 304(a)(1)(v) of Regulation S-K that Peterson is aware of or were made known to Peterson. |
| (vii) | We provided a copy of the foregoing disclosures to Peterson prior to filing of this report and requested that Peterson furnish us with a letter addressed to the U.S. Securities & Exchange Commission stating whether or not it agrees with the statements in this report. A copy of any such letter will be filed by amendment to this Current Report on Form 8-K. Copy of such letter is filed as Exhibit 16.2 to this Current Report, and filed as Exhibit 16.1 hereto is the October 5, 2017, letter from Peterson regarding their resignation. |
(a)(2) New independent registered public accounting firm:
Boyle CPA, LLC:
On October 10, 2017, we engaged Boyle CPA, LLC (“Boyle”) of Bayville, New Jersey, as our new independent registered public accounting firm. During the fiscal years ended August 31, 2017 and 2016, and prior to October 10, 2017 (the date of the new engagement), we had not consulted with Boyle regarding any of the following:
| (i) | The application of accounting principles to a specific transaction, either completed or proposed; |
| (ii) | The type of audit opinion that might be rendered on our consolidated financial statements, and none of the following was provided to us: (a) a written report, or (b) oral advice that Boyle concluded was an important factor considered by us in reaching a decision as to accounting, auditing or financial reporting issue; or |
| (iii) | Any other matter that was the subject of a disagreement between us and our former auditor or was a reportable event (as described in Items 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K, respectively. |
ITEM 9.01. Financial Statements and Exhibits.
The exhibits listed in the following exhibit index are filed as part of this Current Report on Form 8-K:
MICROCHANNEL TECHNOLOGIES CORP ExhibitEX-16.1 2 tv476952_ex16-1.htm EXHIBIT 16.1 Exhibit 16.1 October 5,…To view the full exhibit click here
About MicroChannel Technologies Corporation (OTCMKTS:MCTC)
MicroChannel Technologies Corporation is a shell company. The Company is in the process of attempting to identify, locate, and if warranted, acquire new commercial opportunities. The Company is not engaged in any business operations. As of May 31, 2015, the Company has not generated any revenues.
