MOBETIZE CORP. (OTCMKTS:MPAY) Files An 8-K Changes in Registrant’s Certifying AccountantITEM 4.01
CHANGES IN REGISTRACTS CERTIFYING ACCOUNTANT
Previous independent registered public accounting firm
On November 28, 2016, Mobetize Corp. (the “Company”) dismissed Grant Thornton
LLP as its independent registered public accounting firm.
The reports of Grant Thornton LLP on the Company’s financial statements as of and for
the fiscal years ended March 31, 2016 and 2015 contained no adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principle except to indicate that there was substantial doubt about the
Company’s ability to continue as a going concern.
The Company, upon the authorization and approval of its Board of Directors, dismissed
Grant Thornton LLP as its independent registered public accounting firm.
During the fiscal years ended March 31, 2016 and 2015, and through June 30, 2016,
(1) were no “disagreements” (within the meaning of Item 304(a) of Regulation S-K) with
Grant Thornton LLP on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which disagreements if not resolved
to the satisfaction Grant Thornton LLP would have caused it to make reference thereto in
connection with its report on the financial statements for such periods; and
(2) no “reportable events” (as such term is defined in Item 304(a)(1)(v) of Regulation S-
The Company has requested that Grant Thornton LLP furnish it with a letter addressed to
the Securities and Exchange Commission stating whether or not it agrees with the above
statements. A copy of the letter provided by Grant Thornton LLP is filed as Exhibit 16.1
to this Current Report on Form 8-K.
New independent registered public accounting firm
On November 28, 2016, the Company, upon the authorization and approval of its Board
of Directors, engaged Davidson & Company LLP as its independent registered public
accounting firm. During its two most recent fiscal years and through June 30, 2016,
neither the Company nor anyone acting on its behalf had consulted with Davidson &
Company LLP regarding any of the following:
The application of accounting principles to a specific transaction, either
completed or proposed;
The type of audit opinion that might be rendered on the Company’s financial
statements, and none of the following was provided to the Company: (a) a written
report, or (b) oral advice that Davidson & Company LLP concluded was an
important factor considered by the Company in reaching a decision as to
accounting, auditing or financial reporting issue; or
Any matter that was 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).
FINANCIAL STATEMENTS AND EXHIBITS
The exhibits required to be attached by Item 601 of Regulation S-K are filed herewith.
Letter from Grant Thornton LLP dated November 28, 2016
About MOBETIZE CORP. (OTCMKTS:MPAY)
Mobetize Corp. (Mobetize) is a financial technology (Fintech) company. The Company provides Fintech solutions and services that enable and support the convergence of global telecommunication and financial services providers (the customers) through its Global Mobile business to business (B2B) Fintech and Financial Services Marketplace (the Hub). The Hub provides among other things a mobile financial services (MFS) white label technology platform, including an individual MFS application program interface (API) consumption protocol to enable and support services, such as prepaid air-time and data top ups, international money transfers, P2P transfers, Visa/MasterCard programs, and bill payments on personal computers and mobile devices (the services). The Hub integrates with the Company’s Customers to offer the services to their subscribers and members (the users). Its technology solutions and products include smartWallet, smartRemit, smartCharge, smartBill, smartTel and smartCard. MOBETIZE CORP. (OTCMKTS:MPAY) Recent Trading Information
MOBETIZE CORP. (OTCMKTS:MPAY) closed its last trading session 00.0000 at 0.0800 with shares trading hands.