Item 4.01. Change in Certifying Account
(a) Dismissal of Independent Registered Public Accounting Firm.
The Board of Directors of Pura Naturals, Inc. (the "Company") recently completed a review process to determine what audit firm would serve as the Company's independent registered public accounting firm for the year ended December 31, 2018. On April 30, 2018, the Audit Committee of the Company's Board of Directors determined to dismiss MJF & Associates, APC. ("MJF") as the Company's independent registered public accounting firm, effective immediately.
Except the substantial doubt about the Company's ability to continue as a going concern raised in MJF's reports on the Company's financial statements for the fiscal years ended December 31, 2017 and 2016, the audit reports of MJF on the consolidated financial statements of the Company for each of the two most recent fiscal years ended December 31, 2017 and December 31, 2016 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the Company's two most recent fiscal years ended December 31, 2016 and December 31, 2017, and during the subsequent interim period from January 1, 2018 through April 30, 2018 (i) there were no disagreements with MJF on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures that, if not resolved to MJF's satisfaction, would have caused MJF to make reference to the subject matter of the disagreement in connection with its reports and (ii) there were no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K.
The Company provided MJF with a copy of the disclosures in this report prior to filing with the Securities and Exchange Commission (the "SEC") and requested from MJF a letter addressed to the SEC stating whether it agrees with the statements made in this report will be filed as Exhibit 16.1 to the report by amendment.
(b) Engagement of New Independent Registered Public Accounting Firm.
Contemporaneous with the determination to dismiss MJF, the Board of Directors engaged MaloneBailey LLP
("MB") as the Company's independent registered public accounting firm for the year ended December 31, 2018.
During the two most recent fiscal years ended December 31, 2016 and December 31, 2017, neither the Company nor anyone on its behalf consulted MB regarding either (i) 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 financial statements, and neither a written report nor oral advice was provided to the Company that MB concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a
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disagreement
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or a
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reportable event
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, each as defined in Item 304(a)(1)(v) of Regulation S-K, respectively.