secwatch.observer — SEC 8-K summary
======================================

Issuer:     CREDEX CORP (—)
CIK:        0001432939
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001493152-23-003118
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.01, 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Credex restates Q2/Q3 2021 financials due to reverse acquisition error; appoints new auditor
--------------------------------------------------------------------------------

- Board determined June 30 & Sept 30, 2021 financials cannot be relied upon due to incorrect accounting for Cannabis Depot reverse acquisition.
- Restatement adjusts total assets from $4,377 to $1.89M (June 30) and $3,128 to $2.22M (Sept 30, 2021).
- Michael Gillespie & Associates appointed as independent auditor effective Jan 5, 2023, replacing prior firm.
- Company plans to restate financial statements for the affected periods and any related periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432939/000149315223003118/0001493152-23-003118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432939/000149315223003118/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-003118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer