Edgemode restates Q1 2022 financials due to $17.8M stock-option accounting error

Edgemode, Inc.

Restatement of Q1 2022 financials for failure to record 65.9M options granted to execs and consultant.
Operating expenses and equity understated by approximately $17.8 million.
Previously issued Q1 2022 financial statements should no longer be relied upon.
Company blames deficiencies in internal controls and insufficient accounting personnel.
Intends to file amended Form 10-Q for Q1 2022 as soon as practicable.

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