INLB Item 9 Labs Corporation (CE)

On October 31, 2021, Item 9 Labs Corp., a Delaware corporation (the "Company") dismissed Semple, Marchal & Cooper, LLP ("Semple") as the registered independent registered public accountant. The Company appointed BF Borgers CPA PC ("Borgers") as the Company's registered independent public accounting firm as of October 31, 2021. The decisions to appoint Borgers was approved by the Board of Directors of the Company on October 31, 2021.

Semple's report on the consolidated financial statements of the Company for the years ended September 30, 2020 and 2019 did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles, with the exception of the emphasis of a matter raising substantial doubt about its ability to continue as a going concern.

During the Company's two most recent fiscal years and through September 30, 2021, there were no disagreements on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference to the subject matter of the disagreements in connection with its reports on the Company's consolidated financial statements for such periods.

For the year ended September 30, 2020 and through September 30, 2021, there have been no reportable events with the Company as set forth in Item 304(a)(1)(v) of Regulation S-K.

Prior to September 30, 2021, the Company did not consult with Borgers regarding (1) the application of accounting principles to specified transactions, (2) the type of audit opinion that might be rendered on the Company's financial statements, (3) written or oral advice was provided that would be an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial reporting issues, or (4) any matter that was the subject of a disagreement between the Company and its predecessor auditor as described in Item 304(a)(1)(iv) or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.

The Company provided a copy of the foregoing disclosures to Semple prior to the date of the filing of this report and requested that Semple furnish it with a letter addressed to the Securities & Exchange Commission stating whether or not it agrees with the statements in this Report. A copy of the letter furnished in response to that request is filed as Exhibit 16.1 to this Form 8-K.