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EX-16.1 - LETTER ON CHANGE IN CERTIFYING ACCOUNTANT - GLOBAL TECH INDUSTRIES GROUP, INC. | gtii_ex161.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
December 28, 2016
Date of Report (date of earliest event reported):
GLOBAL TECH INDUSTRIES GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
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Nevada
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000-10210
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83-0250943
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(State of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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511 Sixth Avenue, Suite 800
New York, NY 10011
(Address of principal executive offices)
212-204-7926
(Registrant's telephone number, including area
code)
___N/A___
(Former Name or former address if changed from 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))
On December 23, 2016, Global Tech Industries Group, Inc. (the
“Company”) received a letter from the Securities
and Exchange Commission informing the Company that its current
auditor, Scrudato &
Co., PA, has had its PCAOB license revoked. Therefore, the Company terminated the engagement
of Scrudato &
Co., PA (“Scrudato”). The Company has not had any disputes with Scrudato
regarding the filings they did for the Company from January 1, 2014
until September 30, 2016. There had been no disagreements with
Scrudato on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure
during the years ended December 31, 2014 through September 30,
2016.
On December 28, 2016, the Company engaged DLL CPAS, LLC as
its independent accountant to provide auditing services going
forward for the Company. Prior to such engagement, the Company had
no consultations with DLL CPAS, LLC. The decision to hire DLL CPAS,
LLC was approved by the
Company’s Board of Directors on December 28,
2016.
On
December 28, 2016, the Company provided Scrudato with its
disclosures in the Current Report on a Form 8-K disclosing the
dismissal of Scrudato and requested in writing that Scrudato
furnish the Company with a letter addressed to the Securities and
Exchange Commission stating whether or not they agree with such
disclosures. Scrudato’s response is filed as an exhibit to
this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
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Description
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Letter
dated December 28, 2016 from Scrudato & Co., PA
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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 hereunto duly
authorized.
December
30, 2016
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Global Tech Industries Group, Inc.
/s/ David Reichman
——————————————
By: David Reichman
Title: Chairman & CEO
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