other material
confidence high
sentiment neutral
materiality 0.50
Clubhouse Media Group, Inc.: auditor change — Clubhouse Media dismisses auditor Fruci & Associates, appoints Yusufali & Associates
Clubhouse Media Group, Inc.
- On June 19, 2023, Board dismissed Fruci & Associates II, PLLC as independent auditor, effective immediately.
- Fruci's reports on FY2022 and FY2021 expressed substantial doubt about the company's ability to continue as a going concern.
- No disagreements with Fruci on accounting principles or practices during the two most recent fiscal years and through June 19, 2023.
- New auditor Yusufali & Associates, LLC engaged for fiscal year ending December 31, 2023.
- Company provided Fruci with disclosure copy; Fruci's letter to SEC attached as Exhibit 16.1.