CLIC Technology, Inc.
Appoints New
PCAOB Auditor
Miami, FL
-- August 16, 2018 -- InvestorsHub NewsWire
-- CLIC
Technology, Inc. (OTC Pink:
CLCI) (the
"Company"), announced today the appointment of
Manohar, Chowdhry
& Associates ("MCA") as its new independent PCAOB- registered public accounting
firm, effective as of July 31,
2018,
replacing East West Accounting Services
LLC ("East
West"). The Company selected MCA as
the result of a search for a an PCAOB audit firm experienced in
companies with multi-national operations, and which had significant
bench strength to provide its services to the Company on a timely
basis.
East West's
registration with the PCAOB has been revoked as the result of a 2015 audit
of an unrelated company. There were no disputes or
disagreements between the Company and East West during the time it
was the Company's independent registered public accounting firm
starting on April 10, 2018 through the date of
dismissal.
During the two
most recent fiscal years and through the date of the Company's
engagement of MCA, the Company did not consult with MCA regarding
either (1) 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, or (2) any matter that was either the subject of a
disagreement (as defined in Regulation S-K Item 304(a)(1)(v)),
during the two most recent fiscal years. Moreover,
prior to
engaging MCA, MCA did not provide the Company with either written
or oral advice that was an important factor considered by the
Company in reaching a decision to engage MCA as its independent
accounting firm.
About CLIC Technology, Inc.:
CLIC
Technology, Inc., a "Financial Technology" company, is the
developer, integrator and marketer of new cutting-edge blockchain
products and services. The company is the developer of a
revolutionary "blockchain-payment
gateway system" that lets consumers use crypto currency to make
purchases both online and from brick-and-mortar merchants, and that
enables merchants using the gateway to capture more global sales
through diverse payment solutions that accept crypto payments in
addition to traditional credit cards, bank wires or Euro IBANs, all
with immediate settlement in local fiat
currencies. Market
introduction of the new blockchain-payment gateway system and
related services is planned in the coming months in a phased
rollout to occur in the United States and other major world
markets.
The Company also plans to engage in cryptocurrency mining through
its participation in a specific mining pool with a proprietary
multi-coin mining capability.
Safe Harbor Act: Forward-Looking Statements are included within the
meaning of Section 27A of the Securities Act of 1933, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and similar expressions are forward-looking statements and
involve risks, uncertainties and contingencies, many of which are
beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter
forward-looking statements, whether
as a result of
new information, future events or otherwise.
Contact: CLIC Technology, Inc.
(305)918-1202