other material
confidence high
sentiment neutral
materiality 0.55
Palisades Venture Inc.: auditor change — Palisades Venture: auditor M&K resigns, Raj Gupta & Co appointed effective immediately
Palisades Venture Inc.
- M&K CPA's PLLC resigned as independent auditor on March 14, 2025; decision mutual with no disagreements on accounting principles or scope.
- No adverse or disclaimed opinions in prior audits; financial statements were qualified only for substantial doubt about going concern.
- Board approved appointment of Raj Gupta & Co as independent registered public accountant for year ending Dec 31, 2024 and subsequent quarters.
- Raj Gupta & Co was not consulted previously on any accounting, auditing, or financial reporting issues by the company.