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Re: emit post# 43205

Friday, 09/28/2018 8:44:05 AM

Friday, September 28, 2018 8:44:05 AM

Post# of 45834
Agree emit.

In general it is usually true that changing auditors is not a good sign. Especially in this case when their previous auditor has not filed a letter stating that they agree with the statements in the 8-K, including this one:

For the period from May 16, 2017 (B&Y’s appointment) through to the date of this form 8-K, there were no substantial disagreements with Benjamin & Young, LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, remain unresolved and there were no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

(bolding done by me to emphasize the key points their previous auditor should be agreeing with)

Why can't B&Y provide a letter stating that they agree with these statements?? Huge red flag in my opinion.
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