secwatch.observer — SEC 8-K summary
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Issuer:     POWERDYNE INTERNATIONAL, INC. (PWDY)
CIK:        0001435617
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001493152-24-014572
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powerdyne dismisses auditor Fortune CPA after 3 months; engages Olayinka Oyebola & Co.
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- Fortune CPA dismissed on April 10, 2024; retention lasted only from Jan 16, 2024, with no financial statements prepared.
- Disagreements on procedures and auditing scope, but not on accounting principles or practices.
- New auditor Olayinka Oyebola & Co. engaged same day for fiscal year ending Dec 31, 2023 audit.
- No prior consultations with new auditor on accounting matters during past two fiscal years.
- Fortune provided letter to SEC agreeing with disclosures, filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1435617/000149315224014572/0001493152-24-014572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1435617/000149315224014572/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014572

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