other material
confidence high
sentiment neutral
materiality 0.55
GLOBAL TECHNOLOGIES LTD (GTLL): auditor change — Global Technologies dismisses Fruci & Associates, appoints Olayinka Oyebola as new auditor
GLOBAL TECHNOLOGIES LTD
- Dismissed Fruci & Associates II, PLLC as auditor effective January 2, 2024; Board approved.
- Appointed Olayinka Oyebola & Co. as new independent auditor effective same date.
- Prior audit reports for fiscal 2022 and 2023 were qualified for going concern but had no adverse opinions.
- No disagreements or reportable events occurred with Fruci during the past two fiscal years or interim period.
- Fruci provided a letter to SEC confirming agreement with the company's statements in the 8-K.