other_material
confidence high
sentiment negative
materiality 0.75
Auditor Grassi disengages over unpaid fees; 2024 annual report and Q1 2025 quarterly report still overdue
Value Exchange International, Inc.
- Grassi & Co. notified it would not audit FY 2024 due to past-due outstanding fees.
- Company has not filed 10-K for 2024 or 10-Q for quarter ending March 31, 2025.
- No disagreements or reportable events in prior periods per the filing.
- Successor auditor is being sought; Grassi authorized to respond to inquiries.
item 4.01item 9.01