TECHNOVATIVE GROUP, INC. FILES (8-K) Disclosing Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits

Edgar Glimpses |

ITEM 4.01 Change in Registrant's Certifying Accountant

(a) Dismissal of Previous Independent Registered Public Accounting Firm

On , the Board of Directors (the "Board") of Technovative Group, Inc. (the "Company") dismissed Centurion ZD CPA Limited ("Centurion") as the registrant's independent registered public accounting firm, effective immediately. The auditor's report of Centurion on the Company's consolidated financial statements as of and for the fiscal years ended and 2016 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles, except for a provision concerning an uncertainty about the Company's ability to continue as a going concern expressed in the annual auditor's report of the Company's consolidated financial statements in its annual reports for the fiscal years ended and 2016.

During the two most recent fiscal years and through the subsequent interim period preceding the dismissal of Centurion, there were no (i) "disagreements" (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K) between the Company and Centurion on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Centurion would have caused Centurion to make reference to the subject matter thereof in its reports for such fiscal years and interim period, or (ii) "reportable events" as that term is described in Item 304(a)(1)(v) of Regulation S-K.

We furnished a copy of this disclosure to Centurion and have requested that Centurion furnish us with a letter addressed to the Securities and Exchange Commission (the "SEC") stating whether such firm agrees with the above statements or, if not, stating the respects in which it does not agree. We have received the requested letter from Centurion, and a copy of the letter is filed with this Current Report on Form 8-K as Exhibit 16.1.

(b) Engagement of New Independent Registered Public Accounting Firm

On , the Board approved the engagement of RBSM LLP ("RBSM") as the Company's independent registered public accounting firm to audit the Company's consolidated financial statements as of and for the fiscal year ending .

During the two most recent fiscal years and through the subsequent interim period preceding RBSM's engagement, the Company has not consulted with RBSM regarding (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 was provided to the Company nor oral advice was provided that RBSM concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Financial Statements and Exhibits.



Exhibit No.   Description
16.1            Letter from Centurion ZD CPA Limited, dated 




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