secwatch.observer — SEC 8-K summary
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Issuer:     Thunder Energies Corp (—)
CIK:        0001524872
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001683168-24-003288
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01
LLM model:  deepseek-v4-flash:cloud@v2

Thunder Energies dismisses auditor Kreit & Chiu, appoints Olayinka Oyebola; going-concern noted
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- Dismissed Kreit & Chiu CPA LLP as auditor; new auditor Olayinka Oyebola & Co. CA appointed effective May 2, 2024.
- Former auditor's reports included going-concern qualification: accumulated deficit $16.7M, net loss $9.3M in 2023.
- No disagreements or reportable events with former auditor during fiscal years 2020-2023.
- Company has working capital deficit of $9.2M and no revenue since inception, raising substantial doubt about continuity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524872/000168316824003288/0001683168-24-003288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524872/000168316824003288/thunder_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-003288

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