PREVENTION INSURANCE.COM (OTCMKTS:PVNC) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 Changes in Registrant's Certifying Accountant (“Original Filing”). This Amendment No. 1 to Form 8-K amends and supersedes in its entirety the Original Filing. Except to the extent expressly set forth herein, this amended Form 8-K speaks as of the filing date of the Original Filing and has not been updated to reflect events occurring subsequent to the filing date of the Original Filing.
Item 4.01 Changes in Registrant's Certifying Accountant
On October 5, 2018, Prevention Insurance.com (the “Company”) engaged Pinnacle Accountancy Group of Utah, PLLC (“Pinnacle”) as its independent registered public accountant. On October 9, 2018, the company notified and dismissed Marcum LLP (“Marcum”) as its independent registered accountant. As previously reported, on August 20, 2018, the Company had engaged Marcum as a result of their merger with the Company’s prior auditor GBH CPAs, PC ("GBH"). The decision to change auditors was approved by the Company’s Board of Directors.
to applicable rules, the Company makes the following additional disclosures:
(a) GBH’s reports on the consolidated financial statements of the Company as at and for the fiscal years ended April 30, 2018 and 2017 (i) did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as touncertainty, audit scope or accounting principles, except that such reports contained an explanatory paragraph in respect to uncertainty as to the Company’s ability to continue as a going concern and (ii) did not contain any “reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K, except that as set forth in its Form 10-K for each of fiscal years ended April 30, 2018 and 2017, the Company identified material weaknesses in its internal control over financial reporting. Marcum did not issue any reports on the consolidated financial statements of the Company during the period from August 20, 2018 through date of dismissal (October 9, 2018).
(b) During the fiscal years ended April 30, 2018 and 2017 and through October 9, 2018, there were no disagreements with GBH nor Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which if not resolved to GBH' s or Marcum’s satisfaction would have caused it to make reference thereto in connection with GBH’s reports on the financial statements for such years. During the fiscal years ended April 30, 2018 and 2017 and through October 9, 2018, there were no events of the type described in Item 304(a)(1)(v) of Regulation S-K.
(c) During the fiscal years ended April 30, 2018 and 2017 and through October 5, 2018, the Company did not consult with Pinnacle with respect to any matter whatsoever including without limitation with respect to any of (i) the application of accounting principles to a specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Company's financial statements; or (iii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or an event of the type described in Item 304(a)(1)(v) of Regulation S-K.
On October 9, 2018, the Company provided Marcum with a copy of the foregoing disclosure and requested that it furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made therein. A copy of the letter from Marcum LLP dated October 15, 2018 is attached hereto as Exhibit 16.1.
Item 9.01 Financial Statements and Exhibits.
Exhibit 16.1 – Letter from Marcum LLP dated October 15, 2018.
PREVENTION INSURANCE COM INC ExhibitEX-16.1 2 f8k100518a1ex16-1_prevent.htm LETTER FROM MARCUM LLP DATED OCTOBER 15,…To view the full exhibit click here
About PREVENTION INSURANCE.COM (OTCMKTS:PVNC)
Prevention Insurance.com, formerly Vita Plus Industries, Inc., is a shell company. The Company’s business is to pursue a business combination through acquisition, or merger with, an existing company. The Company may consider acquiring a business, which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business, which may be experiencing financial or operating difficulties and is in need of additional capital. The Company may participate in a business opportunity by purchasing, trading or selling the securities of such business. As of April 30, 2016, the Company had not generated any revenue.
