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) July 6, 2016
iGambit Inc.
(Exact name of registrant as specified in its charter)
Delaware
000-53862
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
Identification No.)
1050 W. Jericho Turnpike, Suite A
11787
Smithtown, New York
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (631) 670-6777
(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 the registrant under any of the following provisions (see General Instruction
A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ 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
Changes in Registrant’s Certifying Accountant
(a) Dismissal of Independent Registered Public Accountant
On June 14, 2016, the Public Company Accounting Oversight Board ("PCAOB") issued
an order which, among other things, revoked the PCAOB registration of Michael F. Albanese,
CPA. (“Albanese”), the Company's prior independent registered public accounting firm. As a
result of that revocation, the Company can no longer include the audit report and consent of
Albanese in its filings and other reports with the Securities and Exchange Commission. In light
of the foregoing actions by the PCAOB, the Company deems that Albanese will no longer be
engaged as the Company’s independent registered public accounting firm.
Albanese issued an audit report on the Company’s financial statements as of and for the
years ended December 31, 2007, December 31, 2008, December 31, 2009, December 31, 2010,
December 31, 2011 December 31, 2014 and December 31, 2015. The audit reports did not
contain an adverse opinion or a disclaimer of opinion, nor was any such report qualified or
modified as to uncertainty, audit scope, or accounting principles.
During our two most recent fiscal years and the subsequent interim period preceding the
dismissal of Albanese we had no disagreements with the firm on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope of procedure which
disagreement if not resolved to the satisfaction of Albanese would have caused it to make
reference to the subject matter of the disagreement in connection with its report.
(b) New Independent Registered Public Accounting Firm
Effective June 29, 2016, upon receipt of notice from the Securities and Exchange
Commission, of the Public Company Accounting Oversight Board ("PCAOB") order to revoke
the PCAOB registration of Albanese, the Company’s Board of Directors directed the Company’s
Audit Committee to begin to search for, and interview, independent registered public accounting
firms for selection as the Company's independent registered public accounting firm to audit its
financial statements. As of July 6, 2016 the Audit Committee’s search and interviews are in
process.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 6, 2016
iGambit Inc.
By:
/s/ John Salerno
John Salerno
Chief Executive Officer