NATURAL HEALTH TRENDS CORP. (NASDAQ:NHTC) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 Changes in Registrants Certifying Accountant.
Trends Corp. (the Company) recently completed a competitive
process to determine which audit firm would serve as the Companys
independent registered public accounting firm for the fiscal year
ended December 31, 2017. As a result of that process, on March
13, 2017, the Company notified Lane Gorman Trubitt, LLC (Lane
Gorman) of its dismissal as the Companys independent registered
public accounting firm effective as of that date as a result of
the Audit Committees decision to change audit firms.
March 13, 2017, (i) there were no disagreements with Lane Gorman
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 Lane
Gorman, would have caused Lane Gorman to make reference thereto
in its reports on the financial statements for such years, and
(ii) there were no reportable events as described in paragraph
(a)(1)(v) of Item 304 of Regulation S-K.
statements of the Company as of and for the years ended December
31, 2015 and 2016 did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope, or accounting principles. The audit
reports of Lane Gorman on the effectiveness of internal control
over financial reporting as of December 31, 2015 and 2016 did not
contain any adverse opinion or disclaimer of opinion, nor were
they qualified or modified as to uncertainty, audit scope, or
accounting principles.
this Item 4.01. Attached as Exhibit 16.1 to this Form 8-K is Lane
Gormans letter to the Securities and Exchange Commission, dated
March 13, 2017, regarding these statements.
Firm
approved the engagement of Marcum LLP (Marcum) as the Companys
independent registered public accounting firm to perform an
integrated audit of its consolidated financial statements for the
fiscal year ending December 31, 2017 and its internal control
over financial reporting as of December 31, 2017.
March 13, 2017, the Company did not consult with Marcum 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 or on the effectiveness of its internal control over
financial reporting, or (ii) any matter that was the subject of a
disagreement as defined in paragraph (a)(1)(iv) of Item 304 of
Regulation S-K or a reportable event as described in paragraph
(a)(1)(v) of Item 304 of Regulation S-K.
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(d)
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Exhibits.
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to the Securities and Exchange Commission regarding the change in
the independent registered public accounting firm of the Company
About NATURAL HEALTH TRENDS CORP. (NASDAQ:NHTC)
Natural Health Trends Corp. is a direct-selling and e-commerce company. The Company, through its subsidiaries, sells personal care, wellness and quality of life products under the NHT Global brand. The Company offers a line of NHT Global branded products in approximately five categories, including wellness, herbal, beauty, lifestyle and home. Its wellness products include Premium Noni Juice, Triotein, Cluster X2, Children’s Chewable MultiVitamin, ReStor Silver, ReStor Vital, HerBalance, FibeRich, Energin, Essential Probiotics, Omega 3 Essential Fatty Acids and Memory Burst. Its herbal products include LivaPro, Cordyceps Mycelia CS-4 and Purus. Its beauty products include Skindulgence 30-Minute Non-Surgical Facelift System, Time Restore Eye Cream and Essence, BioCell Mask, Soothe and Floraeda Hydrating Series. Its lifestyle products include Alura Lux by NHT Global, Valura, LaVie Vibrant Energy drink and Twin Slim Diet Jelly. Its home products include PurAir Air Purifier. NATURAL HEALTH TRENDS CORP. (NASDAQ:NHTC) Recent Trading Information
NATURAL HEALTH TRENDS CORP. (NASDAQ:NHTC) closed its last trading session up +0.08 at 28.48 with 133,423 shares trading hands.