(a) On April 5, 2016, Kyle Tingle, CPA, LLC, resigned as our independent registered public accounting firm. The reports as Mr. Tingle regarding our consolidated financial statements for the fiscal year ended August 31, 2015 and August 31, 2014, did not contain an adverse opinion or disclaimer of opinion and/or not qualified or modified as to uncertainty, audit scope or accounting principles. During our two most recent fiscal years and the subsequent interim period through November 30, 2015, there have been no disagreements with Mr. Tingle regarding any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedure.
We have provided a copy of the foregoing disclosures to Mr. Tingle and requested that Mr. Tingle furn ish us with a letter addressed to the Securities and Exchange Commission stating whether Mr. Tingle agrees with the above statements.
Upon receipt of that letter from Mr. Tingle, we will file an amendment to this current report with that letter as an exhibit.
(b) On April 11, 2016, we engaged Pritchett, Siler & Hardy, P.C. (Pritchett) as our new independent registered public accounting firm to audit our financial statements for the fiscal year ended August 31, 2016.
During our fiscal years ended August 31, 2015, and August 31, 2014, and the subsequent interim period from September 1, 2015, through November 30, 2015, we have not consulted with Pritchett regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered regarding our financial statements, and Pritchett did not provide either a written report or oral advice to us that was an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) the subject of any disagreement, as defined in Item 304(a)(i)(iv) of Regulation S-K and the related instructions, or a reportable event within the meaning set forth in Item 304(a)(i)(v) of Regulation S-K.
ITEM 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
On February 23, 2016, our board of directors concluded, after consulting with Kyle Tingle, CPA, LLC, our independent public accounting firm, that our audited financial statements for the fiscal years ended August 31, 2014, and August 31, 2013, were required to be restated and should no longer be relied upon.
Our board of directors determined that the financial statements specified above should be restated due to an error in the accounting treatment of $5,350 relating to our sale of 29,997,796 shares of our common stock on September 13, 2013. Those financial statements indicate that there was a subscription receivable for those shares in the amount of $5,350, which is not correct, as those shares were paid for on September 13, 2013.
On April 5, 2016, we filed Annual Reports on Form 10-K/A for our fiscal years ended August 31, 2015, and August 31, 2014, which include appropriately restated financial statements for those years. We have not filed nor do we intend to file any amendments to our Quarterly Reports on Form 10-Q for the related interim quarters.
In those amended Annual Reports on Form 10-K for the fiscal years ended August 31, 2015, and August 31, 2014, we have reported our conclusion regarding our internal control over financial reporting and the effectiveness of our disclosure and procedures.
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: April 12, 2016
AMPLE-TEE, INC., a Nevada corporation
By: /s/J. Edward Daniels, Director
makes a similar move, sign up!
Other recent filings from the company include the following:
Ample-Tee, Inc. Just Filed Its Quarterly Report: Subsequent
to May 3... - July 17, 2017
Ample-Tee: Press Release Dated June 20, 2017, Announcing The Software Development Agreement Between The Company And Thinking Different Technologies - June 26, 2017