Letter of Resignation from Daszkal Bolton LLP as Independent Registered Public Accounting Firm for The OLB Group, Inc.
Daszkal Bolton LLP has notified The OLB Group, Inc. that it will resign as the company's independent registered public accounting firm after the filing of the 2022 annual report, due to a business combination with CohnReznick LLP. The letter requests authorization to communicate with the company's new accountants and expresses willingness to assist in the transition. The resignation is effective after the specified filing and is contingent on receiving the necessary authorization for disclosures.
Exhibit 10.31
March 13, 2023
Ehud Ernst, Audit Committee Chair
Ronny Yakov, Chief Executive Officer
The OLB Group, Inc.
200 Park Avenue, Suite 1700
New York, NY 10166
Daszkal Bolton, LLP completed a business combination agreement with CohnReznick LLP. As a result of this transaction, we wish to advise you that we will resign as the Company’s independent registered public accounting firm following its filing of the annual report on Form 10-K for the year ended December 31, 2022 with the Securities and Exchange Commission. We have reached this decision after substantial deliberation.
We will cooperate with your new accountants, To facilitate that process, please send us a letter authorizing us to make disclosures to your new accountants. Without such a letter, we are ethically prohibited from communicating with others regarding your company’s affairs.
We look forward to helping you make a smooth transition with your new accountants.
DASZKAL BOLTON LLP
For the Firm
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Scott A. Walters, CPA | |
Partner |
