UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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of the Securities Exchange Act of 1934
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 4.01 Change in Registrant’s Certifying Accountant.
(a) Resignation of Previous Independent Registered Public Accounting Firm
On Thursday November 14, 2024, CannaPharmaRX, Inc.’s (the “Company”, “we”, “us”, “our”) auditor, GreenGrowth CPAs (“GreenGrowth”) resigned from their engagement as our auditor effective November 14, 2024. GreenGrowth has served as our independent registered public accounting firm since 2023.
Since our engagement with GreenGorwth,
| (i) | there were no disagreements between the Company and GreenGrowth on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to GreenGrowth’s satisfaction, would have caused GreenGrowth to make reference in connection with its opinion to the subject matter of the disagreement, and |
| (ii) | there were no “reportable events,” as that term is described in Item 304(a)(1)(v) of Regulation S-K. |
The report of GreenGrowth to our financial statements for fiscal year ending December 31, 2023 included in our Annual Report on Form 10-K for the year ended December 31, 2023, did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principle. The report had been prepared assuming that we would continue as a going concern and included an explanatory paragraph regarding our ability to continue as a going concern as result of recurring loses from operations, a significant accumulated deficit and consistent negative cash flows.
We have provided GreenGrowth with a copy of the foregoing disclosures we are making in this Current Report on Form 8-K prior to its filing and requested, in accordance with applicable practices, that GreenGrowth furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. Attached as Exhibit 9.01 is a copy of GreenGrowth’s letter, dated November 14, 2024 stating that it agrees with such statements.
(b) Engagement of New Independent Registered Public Accounting Firm
We are currently obtaining quotes for the engagement of a new auditor and will file a subsequent Form 8-K filing when such an auditor has been engaged.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CANNAPHARMARX, INC. |
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November 20, 2024 | By: | /s/ Rick Orman |
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| Name: | Rick Orman |
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| Title: | Chairman |
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