other material
confidence high
sentiment negative
materiality 0.55
Meso Numismatics replaces auditor M&K CPAS with L J Soldinger; prior reports had going concern
Regenerative Medical Technology Group Inc.
- M&K CPAS resigned as independent auditor on Nov 30, 2021; L J Soldinger Associates engaged on Dec 1, 2021.
- Former auditor's reports for FY 2020 and 2019 contained a going concern qualification about the company's ability to continue.
- No disagreements occurred, but a reportable event existed: ineffective internal controls over financial reporting as of Dec 31, 2020.
- The company had not consulted the new accountant before engagement on any accounting or audit matters.
- The former auditor's response letter was filed as Exhibit 16.1 with the SEC.