Item 4.01. Changes in Registrant’s Certifying Accountant.
On December 12, 2013, Azure Holding Group Corp. (the “Registrant”) was informed by Ronald Chadwick, P.C. (“Ronald Chadwick”) that it was terminating its services and resigning as the Registrant’s independent registered public accounting firm. On December 12, 2013, the Registrant retained Cutler & Co., LLC (“Cutler”) as its principal independent accountants. The decision to retain Cutler as the principal independent accountants was approved, and the resignation of Ronald Chadwick was accepted, by the Registrant’s Board of Directors.
The Termination of Ronald Chadwick
Ronald Chadwick was the independent registered public accounting firm for the Registrant from April 17, 2012 until December 12, 2013.
Chadwick served as the Company’s registered independent accountant from April 17, 2012 to December 12, 2013, Chadwick’s audit report on the Company’s financial statements for the year ended August 31, 2013 and the year ended August 31, 2012 included in the Company’s Annual Report on Form 10-K, and other than the “going concern” qualification, the principal accountant's report on the financial statements did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles in a manner as contemplated by Item 304(a)(1)(ii) of Regulation S-K.
During the period April 17, 2012 (inception) to August 31, 2012 and the subsequent interim period August 31,2013 preceding the resignation of Ronald Chadwick there were no disagreements between the Company and Chadwick concerning any matter of accounting principals or practices, financial statement disclosure or auditing scope or procedure; there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K.
.
The Company has provided Ronald Chadwick with a copy of the disclosure and has requested that Ronald Chadwick furnish an updated letter as Exhibit 16
in accordance with Items 304(a)(3) and 601(b)(16) of Regulation S-K.
The Engagement of Cutler
Prior to December 12, 2013, the date that Cutler was retained as the principal independent accountants of the Registrant:
(1) The Registrant did not consult Cutler regarding either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Registrant’s financial statements;
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