Item 4.01 Changes in Registrant's Certifying Accountant.
(a) Resignation of independent registered public accounting firm
Following an internal reorganization of Moore Stephens CPA Limited (the "Former
Auditors"), the Former Auditors resigned as the independent auditors of Pacific
Vegas Global Strategies, Inc. (the "Company"), effective March 15, 2021. Moore
Stephens CPA Limited has been the Company's auditors since November 6, 2017. The
Company's Board of Directors (the "Board") approved the resignation of the
Former Auditors effective on March 15, 2021.
The Former Auditors' audit report on the Company's consolidated financial
statements for each of the past two fiscal years did not contain an adverse
opinion or disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope or accounting principles, except that the Former
Auditors' report on the Company's financial statements for the fiscal year ended
December 31, 2019 included an explanatory paragraph describing the uncertainty
as to the Company's ability to continue as a going concern.
During the Company's two most recent fiscal years and through the subsequent
interim period on or prior to March 15, 2021, (a) there were no disagreements
between the Company and the Former Auditors 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 the
Former Auditors, would have caused the Former Auditors to make reference to the
subject matter of the disagreement in connection with its report; and (b) no
reportable events as set forth in Item 304(a)(1)(iv)(A) through (E) of
Regulation S-B have occurred.
The Company has provided the Former Auditors with a copy of the disclosures in
this Current Report on Form 8-K prior to its filing with the Securities and
Exchange Commission (the "SEC") and has requested that the Former Auditors
furnish it with a letter addressed to the SEC stating whether the Former
Auditors agree with the above statements and if not, stating the respects in
which it does not agree. A copy of such letter, dated March 15, 2021, is filed
as Exhibit 16.1 hereto.
(b) Engagement of new independent registered public accounting firm
The Board appointed MSPC Certified Public Accountants and Advisors, P.C. as the
Company's new independent auditors (the "New Auditors"), effective from
March 15, 2021.
During the Company's two most recent fiscal years and subsequent interim period
on or prior to March 15, 2021, the Company has not consulted with the New
Auditors regarding the application of accounting principles to a specified
transaction, either completed or proposed, or any of the matters or events set
forth in Item 304(a)(2) of Regulation S-B.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
Exhibit No.16.1 - Letter on change in certifying accountant from Moore
Stephens CPA Limited dated March 15, 2021.
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