other material
confidence high
sentiment negative
materiality 0.60
VIRTUAL INTERACTIVE TECHNOLOGIES CORP.: auditor change — Virtual Interactive Technologies dismisses Pinnacle, engages Turner Stone as new auditor
VIRTUAL INTERACTIVE TECHNOLOGIES CORP.
- Dismissed Pinnacle Accountancy Group on Dec 14, 2023; no disagreements on accounting principles or audit scope.
- Engaged Turner, Stone & Company, LLP as independent registered public accounting firm for FY ending Sep 30, 2023.
- Pinnacle's prior reports for FY2021 and FY2022 included a going concern note due to recurring losses and lack of profitability.
- No reportable events occurred during FY2023, FY2022, or the interim period through Dec 14, 2023.
- Board of Directors approved the change; Pinnacle authorized to respond fully to successor inquiries.