ITEM 4.01. CHANGES IN REGISTRANT'S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS
(a) Change of Independent Registered Public Accounting Firm
Effective October 4, 2022, the Company's Board of Directors, at the
recommendation of the Audit Committee that has been separately appointed,
approved a change of the Company's independent registered public accountants.
The Company's former independent auditors, Haynie & Company, audited the
Company's financial statements for the year ended December 31, 2021.
In the period from Haynie & Company's appointment in 2022 until the date of this
Report, there were no disagreements with Haynie & Company on any matters of
accounting principles or practices, financial statement disclosure, or auditing
scope and procedures which, if not resolved to the satisfaction of Haynie &
Company, would have caused Haynie & Company to make reference to the matter in
its report on the Company's financial statements; and there were no reportable
events as defined in Item 304(a)(1)(v) of Regulation S-K except for the material
weaknesses described in Item 9A of the Company's Annual Report on Form 10-K for
the year ended December 31, 2021. Haynie & Company issued an audit report on our
consolidated financial statements as of and for the year ended December 31,
2021, which did not contain any adverse opinion or disclaimer of opinion nor was
qualified or modified as to any uncertainty, audit scope or accounting
principle.
The Company has provided Haynie & Company with a copy of the above disclosures.
Attached as Exhibit 16.1 is a copy of Haynie & Company, LLP's letter, dated
October 4, 2022, stating its agreement with such statements.
(b) Newly Engaged Independent Registered Public Accounting Firm
Effective October 4, 2022, the Company's Board of Directors, at the
recommendation of the Audit Committee that has been separately appointed,
approved the appointment of Marcum LLP to serve as the Company's independent
registered public accounting firm. Prior to its engagement as the Company's
independent registered public accounting firm the Company had not consulted
Marcum LLP with respect to the application of accounting principles to specific
transactions or the type of audit opinion that might be rendered on the
Company's financial statements. Marcum LLP will also be performing the Company's
tax preparation for calendar year 2022.
The Company engaged Marcum LLP because of their market dominance in the senior
healthcare industry, its expertise in the industry and its resources available
to ensure timely filings and annual audits. Marcum LLP is ranked number ten
after its merger with Friedman LLP on Accounting Today's list of the top 100
firms with over $1 billion in annual revenue and more than 3,400 associates. The
engagement of Marcum LLP was effective on October 4, 2022.
Item 9.01 Financial Statements and Exhibits
(a) Financial statements of businesses
acquired. Not applicable
(b) Pro forma financial information.
Not applicable
(c) Shell company transactions.
Not applicable
(d) Exhibits
Item Title
16.1 Pursuant to Item 304(a)(1) of Regulation S-K, the Registrant herewith
files the letter of Haynie & Company, former accountants to the Company.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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