Atlantis Glory Inc 8-K, filed Apr 26, 2022
Atlantis Glory Inc. (AGLY)
About this 8-K
Atlantis Glory Inc filed this 8-K on April 26, 2022, reporting on events of April 22, 2022.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 4.01 Changes in Registrant’s Certifying Accountant.
(a) Resignation of Previous Independent Registered Public Accounting Firm.
On April 22, 2022, we dismissed BF Borgers CPA PC (“Borgers”) as our company’s independent principal accountant to audit the Company’s financial statements. The decision to change accountants was approved by our board of directors. Our company does not have a standing Audit Committee.
Our company’s independent principal accountant’s report on the financial statements for the year ended December 31, 2021 and 2020 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles, with the exception that the report dated and March 15, 2022 contained the following explanatory paragraph: “The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has suffered recurring losses from operations and has a significant accumulated deficit. In addition, the Company continues to experience negative cash flows from operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.”
During our company’s two most recent fiscal year and up to the date of dismissal of Borgers, there were: (i) no disagreements with Borgers 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 Borgers, would have caused it to make reference to the subject matter of the disagreements in its reports on the consolidated financial statements of the Company; and (ii) no reportable events as described in Item 304(a)(1)(v) of Regulation S-K.
We have provided Borgers with a copy of this Form 8-K prior to its filing with the U.S. Securities and Exchange Commission (“SEC”) and requested Borgers to furnish to our company a letter addressed to the SEC stating that it agrees with the statements made above. A copy of Borgers’ letter is attached as Exhibit 16.1 to this Form 8-K.
(b) Engagement of New Independent Registered Public Accounting Firm.
On April 22, 2022, we engaged JP Centurion & Partners PLT (“JP”) as our new independent registered accounting firm with the approval of our board of directors.
During the two most recent fiscal years and through the date of engagement, we have not consulted with JP regarding either:
1. The application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that JP concluded was an important factor considered by us in reaching a decision as to the accounting, auditing or financial reporting issue; or
2. Any matter that was either subject of disagreement or event, as defined in Item 304(a)(1)(iv)(A) of Regulation S-K and the related instruction to Item 304 of Regulation S-K, or a reportable event, as that term is explained in Item 304(a)(1)(iv)(A) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| 16.1 | Letter from BF Borgers CPA PC |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Shengshi Elevator International Holding Group, Inc. | ||
| Date: April 26, 2022 | /s/ CHENG, Sau Heung | |
| By: | CHENG, Sau Heung | |
| Title: | CEO, Director | |
2
Exhibit 16.1
April 25, 2022
United States Securities and Exchange Commission
Office of the Chief Accountant
100 F Street, N.E.
Washington, D.C. 20549
Re: Shengshi Elevator International Holding Group, Inc.
Ladies and Gentleman:
We have read the statements under item 4.01 in the Form 8-K dated April 22, 2022, of Shengshi Elevator International Holding Group, Inc. (the “Company”) to be filed with the Securities and Exchange Commission and we agree with such statements therein as related to our firm. We have no basis to, and therefore, do not agree or disagree with the other statements made by the Company in the Form 8-K.
Sincerely,
/s/ BF Borgers CPA PC
BF Borgers CPA PC
Certified Public Accountants
Lakewood, CO