We will include any restated financial information
in amendments to our First Quarter 2021 Form 10-Q for these periods, which we intend to file as soon as practicable. As a result of the
foregoing, the First Quarter 2021 Financial Statements as previously issued should no longer be relied upon.
Management of the Company is evaluating the impact
of the non-reliance on the previously issued financial statements on its assessments of the effectiveness of its internal control over
financial reporting as of the applicable periods and such assessment will be included in the amendments to the foregoing filings.
These errors have been discussed with BF Borgers
CPA PC, our current independent registered public accountants. Our current independent registered public accountants were provided a copy
of the disclosures made herein and were given the opportunity, no later than the day of filing this Current Report on Form 8-K, to review
those disclosures and provide us a letter stating whether or not they agree with those disclosures. We will attach any letter we receive
as an exhibit to an Amended Form 8-K within two business days of receipt.
The discussion of our revised financial results
contained in this Current Report on Form 8-K has been prepared by management and represents management’s preliminary assessment
of the revised results. These results are subject to change as our independent registered public accounting firm completes its review.
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 thereunto duly authorized.
Date: August 20, 2021
CANNASSIST INTERNATIONAL CORP.
By: /s/ Mark Palumbo
Chief Executive Officer
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Other recent filings from the company include the following:
TERMINATION OF A MATERIAL DEFINITIVE - Oct. 14, 2021