Ideanomics Inc (IDEX)

[JimWin]

So..the new 8-K report that was published today (see Sec filings)shows that the current accounting firm has been fired and that KPMG has been hired. What does this mean? It doesn't look as though the old accounting firm has been fired because of any issues with the numbers in the financial statements; it looks as though YOD is tightening up on the controls of their financial reporting.

It'll be interesting to see how the market responds to this; on one hand, it's a good thing that YOD is taking a step in this direction as it means better reporting; KPMG is also a very well know accounting firm.

On the other hand; even though the 8K says that there aren't any real issues with the old reports; you still have to wonder......