On March 8, 2016, Monaker Group, Inc. (the Company) retained LBB & Associates Ltd., LLP (LBB) as its independent registered public accounting firm responsible for auditing its financial statements for the year ended February 29, 2016, to replace DArelli Pruzansky, P.A. (DArelli) who was dismissed as its independent registered public accounting firm responsible for auditing its financial statements.
DArellis reports on the Companys financial statements as of and for the two years ended February 28, 2015 and 2014, did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
The decision to dismiss DArelli and the selection of LBB was unanimously approved by the Companys board of directors.
During the years ended February 28, 2015 and 2014, and in the subsequent interim period through March 8, 2016 (the date of dismissal of DArelli), there were no disagreements with DArelli 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 DArelli, would have caused it to make reference to the subject matter of the disagreement in connection with its reports on the Companys financial statements for such years.
During the years ended February 28, 2015 and 2014, and in the subsequent interim period through March 8, 2016, there were no events otherwise reportable under Item 304(a)(1)(v) of Regulation S-K.
During the Companys two most recent years and in the subsequent interim period through March 8, 2016, the Company did not consult with LBB regarding the application of accounting principles to a specified transaction, either contemplated or proposed, or the type of audit opinion that might be rendered on the Companys financial statements, and neither a written report nor oral advice was provided that was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, or with any of the matters outlined in Item 304(a)(2)(ii) of Regulation S-K.
The Company provided DArelli with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission (the SEC), and requested DArelli furnish the Company with a letter addressed to the SEC stating whether it agrees with the statements made by the Company above, and if not, stating the respects in which it does not agree. A copy of DArellis letter dated March 14, 2016, is attached hereto as Exhibit 16.1.
Item 9.01 Financial Statements and Exhibits.
Letter from DArelli Pruzansky, P.A. to the SEC dated March 14, 2016.
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.
MONAKER GROUP, INC.
/s/ William Kerby
Chief Executive Officer
Date: March 14, 2016
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