Sector 5, Inc. (OTCMKTS:SFIV) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 – Changes in Registrant’s Certifying Accountant
1) Previous Independent Auditors:
On October 29, 2017, Michael Gillespie & Associates, PLLC (“Gillespie”) resigned as the registrant’s independent registered public accountant. Michael Gillespie & Associates, PPLC did not audit any financial statements for any fiscal year.
Our Board of Directors participated in and approved the decision to change independent accountants. There have been no disagreements with Gillespie 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 Gillespie would have caused them to make reference thereto in their report on the financial statements.
From the date the registrant engaged Gillespie on May 22, 2017 and through October 29, 2017, there have been no reportable events between the registrant and Gillespie as set forth in Item 304(a)(1)(v) of Regulation S-K.
The registrant provided a copy of the foregoing disclosures to Gillespie prior to the date of the filing of this report and requested that Gillespie furnish it with a letter addressed to the Securities & Exchange Commission stating whether or not it agrees with the statements in this report. A copy of this letter is filed as Exhibit 16.1 to this Form 8-K.
2) New Independent Accountants:
On October 30, 2017, the registrant engaged Fruci & Associates II, PLLC (“Fruci”) as its new independent registered public accountant. During the years ended December 31, 2016 and 2015 and prior to October 30, 2017 (the date of the new engagement), we did not consult with Fruci regarding (i) the application of accounting principles to a specified transaction, (ii) the type of audit opinion that might be rendered on the registrant’s financial statements by Fruci, in either case where written or oral advice provided by Fruci would be an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issues 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.
Sector 5, Inc. ExhibitEX-16.1 2 sector_ex161.htm LETTER FROM GILLESPIE & ASSOCIATES sector_ex161.htmEXHIBIT 16.1 MICHAEL GILLESPIE & ASSOCIATES,…To view the full exhibit click
About Sector 5, Inc. (OTCMKTS:SFIV)
Sector 5, Inc. creates, manufactures and sells consumer electronics under Sector 5 and other brands. It is a Google Partner utilizing Chrome, Android and Windows Operating Systems, focused on the educational and consumer electronics markets. The Company and its manufacturing partners, suppliers, and tier-1 designers are working together to combine ingenuity and manufacturing strengths to create products with the latest technology, innovative features such as rugged designs, spill/drop resistant and portables with economic pricing. Its distribution strategy centers on B2B, retail, e-commerce, K-12 and Higher Education markets.