Item 4.01 CHANGES IN REGISTRANT’S
CERTIFYING ACCOUNTANT
InnerScope Hearing Technologies, Inc. (the “Company”)
has dismissed D. Brooks and Associates CPAs, P.A. (the “Former Accounting Firm”) as its independent registered public accounting
firm, effective as of December 21, 2021. As described in Item 4.01(a) below, the change in independent registered public accounting firm
is not the result of any disagreement with the Former Accounting Firm.
Item 4.01(a) Previous Independent Accountants
(i)
On December 21, 2021, the Company dismissed the Former Accounting Firm as its
independent registered public accounting firm effective on that date.
(ii)
The report of the Former Accounting Firm on the
Company’s financial statements as of and for the year
ended December 31, 2018 and 2017, contained no adverse opinion or disclaimer of opinion
and was not qualified or modified as to uncertainty, audit scope, or accounting principles except as set forth in subparagraph (iii)
below. The Former Accounting Firm did not complete an audit for the Company for the year ended December 31, 2019.
(iii)
The report of the Former Accounting Firm on the
Company’s financial statements as of and for the years
ended December 31, 2018 and 2017, contained an
explanatory paragraph which noted that there was substantial doubt as to the Company’s ability to continue as a going concern
as the Company has incurred net losses and uncertain conditions exist which the Company faces relative to its obtaining capital in the
equity markets. The Former Accounting Firm did not complete an audit for the Company for the year ended December 31, 2019.
(v) The Company’s
Management made the decision to change independent accountants, acting under authority delegated to it, and approved the change of the
independent accountants on December 20, 2021.
(iv) During the fiscal years
ending December 31, 2018 and 2017, and during the interim period through January 18, 2022, there (i) have been no disagreements with the
Former Accounting Firm 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 the Former Accounting Firm, would
have caused the Former Accounting Firm to make reference to the subject matter of such disagreements in its reports on the financial statements
for such years, and (ii) were no reportable events of the kind referenced in Item 304(a)(1)(v) of Regulation S-K.
The Company requested that the Former
Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the
above statements. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Current
Report on Form 8-K.
Item 4.01(b) New Independent Accountants
On December 20, 2021, the Company engaged Paris
Kreit & Chiu CPA (the “New Accounting Firm”) as our independent registered public accounting firm for the years ended
December 31, 2019 and December 31, 2020 and and to review the Company’s financial statements for the first three quarters of 2021.
The Management made the decision to engage the New Accounting Firm acting under authority delegated to it on December 20, 2021.
The Company has not consulted with the New
Accounting Firm during our two most recent fiscal years or during any subsequent interim period prior to December 20, 2021 (the date
of the New Accounting Firm’s appointment), regarding (i) the application of accounting principles to a specified transaction,
either completed or proposed; (ii) the type of audit opinion that might be rendered on our financial statements, and neither a
written report was provided to us nor oral advice was provided that the New Accounting
Firm concluded was an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial
reporting issue; or (iii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of
Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).