TurboDyne Technologies (TRBD)

[countrmike]

a) On February 2, 2015, MaloneBailey, LLP ("MB") resigned as the Company's independent public accountants. In September 2014 Jason Meyers our chief executive officer and director, signed a “Letter of Acceptance, Waiver and Consent (“AWC”) with FINRA consenting to the entry of findings by FINRA, without admitting or denying any wrongdoing, that he misappropriated a portion of the proceeds of a private placement. As a result MB resigned as the independent auditor of the Company and withdrew its released audit opinions for 2009, 2010 and 2011 because it believed (i) it was prohibited from being associated with the Company’s financial statements and (ii) it could no longer rely on management’s representations. See Item 4.02. See also Item 8.01 for a description of Mr. Meyers prompt efforts to withdraw his consent to the AWC.