secwatch.observer — SEC 8-K summary
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Issuer:     SMG Industries Inc. (—)
CIK:        0001426506
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0001104659-23-096676
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SMG Industries dismisses MaloneBailey as auditor, engages Schneider Downs
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- Dismissed MaloneBailey effective Aug 29, 2023; engaged Schneider Downs for FY 2023.
- MaloneBailey's reports for 2022 and 2021 included going-concern doubt about SMG's ability to continue.
- No disagreements on accounting principles, but material weaknesses cited: lack of separation of duties and lack of formal review process.
- Board approved the change; no prior consultations with Schneider Downs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/0001104659-23-096676-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/tm2325103d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-096676

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