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EX-16 - MetaStat, Inc.ex16-03132014_040304.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 7, 2014

MetaStat, Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
(State or other jurisdiction of incorporation)

000-52735                                                                                                                   20-8753132
(Commission File Number)                                                                                     (IRS Employer Identification No.)


8 Hillside Avenue, Suite 207
Montclair, New Jersey 07042
(Address of principal executive offices and zip code)

(973) 744-7618
(Registrant's telephone number including area code)


(Registrant's former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
 
[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[  ]  Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
 
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 

Item 4.01  Change in Registrant’s Certifying Accountant
 
On March 7, 2014, MetaStat, Inc. (the “Company”) engaged EisnerAmper LLP (“EisnerAmper”) as its principal accountant and dismissed MaloneBailey, LLP (“MaloneBailey”) from that role.  The change in accountants was approved by the Company’s Audit Committee and did not result from any dissatisfaction with the quality of professional services rendered by MaloneBailey.
 
In connection with the audit of the Company’s financial statements for the fiscal years ended February 28, 2013 and February 29, 2012 and the subsequent interim period through March 7, 2014, (i) there were no disagreements with MaloneBailey on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to MaloneBailey’s satisfaction, would have caused MaloneBailey to make reference in connection with its opinion to the subject matter of the disagreement, and (ii) there were no “reportable events,” as that term is described in Item 304(a)(1)(v) of Regulation S-K.
 
Attached as Exhibit 16.1 is a copy of MaloneBailey’s letter addressed to the SEC relating to the statements made by the Company in this Current Report on Form 8-K.
 
During the Company’s two most recent fiscal years and in the subsequent interim period prior to March 7, 2014, the Company did not consult with EisnerAmper regarding (i) the application of accounting principles to a specific completed or contemplated transaction, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements and no written or oral advice was provided by EisnerAmper that was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue or (ii) any matter that was either the subject of a disagreement or event, as set forth in Item 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K.
 
Item 9.01  Financial Statements and Exhibits
 
(d) Exhibits

Exhibit No.
 
Description
16.1
 
Letter of MaloneBailey, LLP to the SEC dated March 13, 2014
 
 
 

 

SIGNATURES

Pursuant 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. 

METASTAT, INC.


By:   /s/ Oscar Bronsther
        Name Oscar Bronsther
        Title:  Chief Executive Officer
Dated: March 13, 2014