Next Meats to restate financials over 452M share issuance misvalued as market transaction

Next Meats Holdings, Inc.

452,352,298 shares issued to majority shareholder on Jan 28, 2021 now reclassified as common control transaction at $0 value.
Prior market-price valuation deemed not credible; correction removes $452K from par value and reduces additional paid-in capital.
Amendments planned for 10-Q periods Jan 2021 through Jan 2023 and 10-Ks for FY 2021, 2022; FY 2023 10-K will also reflect adjustment.
Current auditor BF Borgers CPA PC agreed with the reclassification.
Non-reliance on previously issued financial statements due to error.

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