Spectral Capital restates FY2022-2023 and Q1-Q3 2024; auditor dismissed

SPECTRAL CAPITAL Corp

April 30, 2025: dismissed MG&A as auditor, engaged RBSM immediately.
May 6, 2025: Board concluded FY2022, FY2023, and interim 2023/2024 statements unreliable.
Errors in consolidation of entities acquired from Sean Michael Brehm; records unauditable.
MG&A cited errors in prepaid assets, amortization, debt extinguishment gains, and unaccounted expenses.
Company will restate financials, rescind unauditable subsidiary transactions; FY2024 10-K delayed.

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