Item 4.01 CHANGES IN REGISRANT'S CERTIFYING ACCOUNTANT
Altitude International Holdings, Inc. (the "Company") has dismissed BF Borgers
CPA, PC (the "Former Accounting Firm") as its independent registered public
accounting firm, effective as of January 14, 2022. As described in Item 4.01(a)
below, the change in independent registered public accounting firm is not the
result of any disagreement with the Former Accounting Firm.
Item 4.01(a) Previous Independent Accountants
(i) On January 14, 2022, the Company dismissed the Former Accounting Firm as its
independent registered public accounting firm effective on that date.
(ii) The report of the Former Accounting Firm on the Company's financial
statements as of and for the years ended December 31, 2020 and 2019, contained
no adverse opinion or disclaimer of opinion and was not qualified or modified as
to uncertainty, audit scope, or accounting principles except as set forth in
subparagraph (iii) below.
(iii) The report of the Former Accounting Firm on the Company's financial
statements as of and for the years ended December 31, 2020 and 2019, contained
an explanatory paragraph which noted that there was substantial doubt as to the
Company's ability to continue as a going concern as the Company has incurred net
losses since inception and uncertain conditions exist which the Company faces
relative to its obtaining capital in the equity markets.
(iv) During the fiscal years ending December 31, 2020 and 2019, and during the
interim period through January 13, 2022, there (i) have been no disagreements
with the Former Accounting Firm on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of the Former Accounting
Firm, would have caused the Former Accounting Firm to make reference to the
subject matter of such disagreements in its reports on the financial statements
for such years, and (ii) were no reportable events of the kind referenced in
Item 304(a)(1)(v) of Regulation S-K.
The Company requested that the Former Accounting Firm furnish it with a letter
addressed to the Securities and Exchange Commission stating whether or not it
agrees with the above statements. A copy of the letter from the Former
Accounting Firm is attached hereto as Exhibit 16.1 to this Current Report on
Form 8-K.
Item 4.01(b) New Independent Accountants
On January 14, 2022, the Company engaged Turner, Stone & Company, LLP (the "New
Accounting Firm") as our independent registered public accounting firm for the
year ended December 31, 2021. The Board made the decision to engage the New
Accounting Firm acting under authority delegated to it, and the Board of
Directors approved the same on January 14, 2022.
The Company has not consulted with the New Accounting Firm during our two most
recent fiscal years or during any subsequent interim period prior to January 14,
2022 (the date of the New Accounting Firm's appointment), regarding (i) the
application of accounting principles to a specified transaction, either
completed or proposed? (ii) the type of audit opinion that might be rendered on
our financial statements, and neither a written report was provided to us nor
oral advice was provided that the New Accounting Firm concluded was an important
factor considered by the Company in reaching a decision as to an accounting,
auditing or financial reporting issue? or (iii) any matter that was either the
subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and
the related instructions) or a reportable event (within the meaning of Item
304(a)(1)(v) of Regulation S-K).
Exhibits
16.1 Letter from BF Borgers CPA, PC
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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