iWallet Corp dismisses Pinnacle as auditor, appoints VMCPA; prior reports cite going concern doubt

iWallet Corp

Dismissed Pinnacle Accountancy Group (Heaton & Co.) and retained Victor Mokuolu, CPA PLLC as new auditor, effective Oct 31, 2023.
No disagreements with Pinnacle on accounting principles or audit scope during fiscal years 2021-2022.
Pinnacle's audit reports for 2021-2022 included explanatory paragraphs regarding going concern uncertainty and material weakness.
Change approved by Board; Pinnacle agreed to disclosures via letter dated July 3, 2024 (Exhibit 16.1).

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