Stemtech Corp 8-K, filed Aug 19, 2024
Stemtech Corp (STEK)
About this 8-K
Stemtech Corp filed this 8-K on August 19, 2024, reporting on events of August 14, 2024.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 |
Stemtech Corporation (the “Company”) has replaced Turner Stone LLP (the “Former Accounting Firm”) as its independent registered public accounting firm, effective as of August 15th, 2024, and has engaged Bush & Associates CPA of 179 N Gibson Rd, Henderson, Nevada 89014 (the “New Accounting Firm”) as its new independent registered public accounting firm as of and for the year Quarter ending June 30th, 2024. The Board made the decision to engage the New Accounting Firm acting under authority delegated to it and the Board of Directors approved the same on August 14th, 2024. As described in Item 4.01(a) below, the change in independent registered public accounting firm is not the result of any disagreement with the Former Accounting Firm. Turner Stone issued an auditor's report on the Registrant's financial statements for each of the last two fiscal years ended December 31st 2022 and 2023 and did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that such reports contained explanatory paragraphs in respect to uncertainty as to the Registrant's ability to continue as a going concern.
During the years ended December 2022 and 2023 and subsequent interim periods through July 16th, 2024, the date the Registrant filed its Form 10-Q for the period ended March 31st, 2024, there were no disagreements with TURNER STONE LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to their satisfaction, would have caused Turner Stone LLP to make reference to the subject matter of the disagreements in connection with the Registrant's audited financial statement for the years December 31, 2022 and December 31, 2023 and there were no reportable events, as listed in Item 304(a)(l)(v) of Regulation S-K.
The Registrant provided Turner Stone LLP with a copy of the disclosure in the preceding two paragraphs and requested in writing that it furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with such disclosures. Turner Stone LLP provided a letter, dated August 14th, 2024, stating its agreement with such statements as related to Turner Stone LLP, which is attached as Exhibit 16.2 to this Form 8-K.
The Company has not consulted with the New Accounting Firm during our two most recent fiscal years or during any subsequent interim period prior to its appointment as New Accounting Firm regarding either (i) the application of accounting principles to a 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 the New Accounting Firm concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).
The Company has requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter of the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Form 8-K
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
The following Exhibits are filed as part of this Report.
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Exhibit Number |
Description | |
|
16.1 |
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| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 19, 2024
| Stemtech Corporation | ||
| /s/ Charles Arnold | ||
| By: | Charles Arnold, CEO | |
| 3 |
Exhibit 16.1
Turner, Stone & Company, L.L.P.
August 15th, 2024
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-7561
Re: Stemtech Corporation
Dear Madame or Sir
On August 14th, 2024, our appointment as auditor for Stemtech Corporation ceased. We have read Stemtech’s statement included under Item 4.01 of its Form 8-K dated August 19th, 2024 and agree with such statements, insofar as they apply to us.
Very truly yours,
/s/Turner Stone & Company LLP
Turner Stone & Company LLP