ITEM 4.01 CHANGES IN REGISTRANT' S CERTIFYING ACCOUNTANT
(a) On April 18, 2023, the board of directors of FDCTech, Inc.(the "Company")
terminated its relationship with its independent registered public accounting
firm, BF Borgers CPA PC, Lakewood, Colorado ("BF Borgers"), effective as of
April 18, 2023.
The reports of BF Borgers on the Company's financial statements for the two
years ended December 31, 2022 and 2021 did not contain an adverse opinion or
disclaimer of opinion and was not qualified or modified as to uncertainty, audit
scope or accounting principles, with the exception of providing a qualification
as to the Company's ability to continue as a going concern. During the year
ended December 31, 2022 and in the subsequent period through March 31, 2023,
there were no disagreements with BF Borgers on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which if not resolved to the satisfaction of BF Borgers, would have
caused BF Borgers to make reference to the matter in its reports on the
Company's financial statements for such periods.
The Company provided BF Borgers with a copy of the disclosures in the preceding
paragraph and requested that BF Borgers furnish the Company with a letter
addressed to the Securities and Exchange Commission stating whether or not they
agree with such disclosures. BF Borgers provided a letter, dated April 19, 2023
stating its agreement with such statements, which is included as exhibit 16.1 to
this Current Report on Form 8-K.
(b) On April 18, 2023, the Company, based on the decision of its board of
directors, approved the engagement of Bolko & Company, Boca Raton, Florida
("Bolko") to serve as the Company's independent registered public accounting
firm, commencing April 18, 2023.
During the fiscal year ended December 31, 2022, and through the date of the
board of directors' decision, the Company did not consult Bolko with respect to
the application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Company's consolidated financial statements, or any other matter or
reportable events listed in Items 304(a)(2)(i) and (ii) of Regulation S-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit
Number Description
16.1 Letter from BF Borgers, CPA PC dated April 19, 2023.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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