SAN LOTUS HOLDING INC. (OTCMKTS:SLOT) Files An 8-K Changes in Registrant’s Certifying Accountant
Changes in Registrants Certifying
(a) Previous independent registered public accounting firm
(i) On January 5, 2017, San Lotus Holding Inc. (the Company)
formally informed WLCC Accountancy Corp. of their dismissal as the
Companys independent registered public accounting firm.
(ii) The reports of WLCC Accountancy Corp. on the Companys
financial statements as of and for the fiscal year ended December
31, 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 Companys ability to continue as a going concern.
(iii) The Companys board of directors and audit committee
participated in and approved the decision to change independent
registered public accounting firms.
(iv) During the fiscal year ended December 31, 2015 and through
January 5, 2017, there have been no disagreements with WLCC
Accountancy Corp. 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 WLCC Accountancy Corp. would have caused them to make reference
thereto in connection with their report on the financial statements
for such years.
(v) The Company has requested that WLCC Accountancy Corp. furnishes
it with a letter addressed to the SEC stating whether or not it
agrees with the above statements. A copy of the letter provided by
WLCC Accountancy Corp. is filed as Exhibit 16.1 to this Form 8-K.
(b) New independent registered public accounting firm
(1) On January 3, 2017, the Company engaged Davidson Company LLP,
Chartered Professional Accountants as its new independent
registered public accounting firm. During the two most recent
fiscal years and through January 3, 2017, the Company had not
consulted with Davidson Company LLP, Chartered Professional
Accountants 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 the
Companys financial statements, and none of the following was
provided to the Company: (a) a written report, or (b) oral advice
that Davidson Company LLP, Chartered Professional Accountants
concluded was an important factor considered by the Company in
reaching a decision as to accounting, auditing or financial
reporting issue; or
(iii) Any matter that was subject to a disagreement, as that term
is defined in Item 304(a)(1)(iv) of Regulation S-K.
Financial Statements and Exhibit
Letter from WLCC Accountancy Corp. dated March 28, 2017
About SAN LOTUS HOLDING INC. (OTCMKTS:SLOT)
San Lotus Holding Inc. is a development-stage company. The Company is focused primarily on the development and marketing of its business model and Website. It plans to market global travel products to the retiring baby boomer generation in the Asian markets. Its travel services entity in Taiwan will provide both outbound travel services for customers based in Taiwan and inbound travel services for customers based abroad and coming to Taiwan. It will market its products and services to the travel population in Taiwan and abroad through its Website, www.sanlotusholding.com. The Company intends to use the cars, with hired drivers, to provide car service for its customers from the airport to their hotels or other desired destinations upon their arrival in California. Its products and services offered include transportation, such as airlines, buses, car rentals, railways and cruises; accommodation, including hotels, resorts and cruises, and packaged holidays and local tours. SAN LOTUS HOLDING INC. (OTCMKTS:SLOT) Recent Trading Information
SAN LOTUS HOLDING INC. (OTCMKTS:SLOT) closed its last trading session 00.00 at 1.00 with shares trading hands.