FDCTech Inc (FDCT)

[Mrtacobell]

8K filed on friday - GOOD OR BAD?
(a) On March 4, 2024, the board of directors of FDCTech, Inc. (the “Company”) terminated its relationship with its independent registered public accounting firm, Bolko & Company, Boca Raton, Florida (“Bolko”), effective as of March 4, 2024.Bolko was only retained by the Company for less than a year, and no reports were filed with the SEC. During the period of time that Bolko was the Company’s auditor through March 4, 2024, there were no disagreements with Bolko on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the satisfaction of Bolko, would have caused Bolko to refer to the matter in its reports on the Company’s financial statements for such periods.

The Company provided Bolko with a copy of the disclosures in the preceding paragraph and requested that Bolko furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. Bolko provided a letter dated March 15, 2024, stating its agreement with such statements, which is included as exhibit 16.1 to this Current Report on Form 8-K.(b)
On March 4, 2024, the Company, based on the decision of its board of directors, approved the engagement of Fortune CPA Inc., Orange, California (“Fortune”) to serve as the Company’s independent registered public accounting firm, commencing March 4, 2024.