Item 4.01. Changes in Registrant’s Certifying Accountant.
Effective as of February 24, 2014, CÜR Media, Inc., a Delaware corporation (the “Company”), dismissed Dov Weinstein & Co. C.P.A. (“Weinstein”) as the Company’s independent registered public accounting firm.
The dismissal of Weinstein was approved by the Company’s board of directors (“Board”).
The reports of Weinstein on the financial statements of the Company for the fiscal years ended December 31, 2012 and 2011, did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that such reports included an explanatory paragraph with respect to the Company’s ability, in light of its lack of revenues and history of losses, to continue as a going concern.
During the years ended December 31, 2012 and 2011, and through February 24, 2014, there were no (a) disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K) with Weinstein on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Weinstein’s satisfaction, would have caused Weinstein to make reference to the subject matter thereof in connection with its reports for such years; or (b) reportable events, as described under Item 304(a)(1)(v) of Regulation S-K.
The Company provided Weinstein with a copy of the disclosures it is making in this Current Report on Form 8-K and requested from Weinstein a letter addressed to the Securities and Exchange Commission indicating whether it agrees with such disclosures. A copy of Weinstein’s letter dated February 27, 2014 is filed herewith as Exhibit 16.1.
Contemporaneous with the determination to dismiss Weinstein, the Company engaged Friedman, LLP (“Friedman”) as the Company’s independent registered public accounting firm for the year ending December 31, 2013, also to be effective immediately.
During the years ended December 31, 2012 and 2011, and through February 24, 2014, neither the Company nor anyone on its behalf has previously consulted with Friedman regarding either (a) 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 nor oral advice was provided to the Company that Friedman concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (b) any matter that was either the subject of a disagreement (as defined in paragraph 304(a)(1)(iv) of Regulation S-K and the related instructions thereto) or a reportable event (as described in paragraph 304(a)(1)(v))
of Regulation S-K).