Polished.com Inc (POLCQ)

[bar1080]

Interim this. Interim that. LOLOL! This isn't good: "Polished.com Announces Management Transition."

Appoints Rick Bunka, Who Possesses Extensive Retail and E-Commerce Experience, as Interim CEO, and Bob Barry, Who Brings Institutional Knowledge and Strong Finance Expertise, as Interim CFO.

In connection with the appointments, the Company also announced that it has accepted the resignations of Albert Fouerti, Maria Johnson and Elie Fouerti, effective immediately. Albert Fouerti remains a member of the Company’s Board of Directors (the "Board").

"Polished announced on August 15, 2022 that it filed a Form 12b-25 with the U.S. Securities and Exchange Commission ("SEC") due to its inability to file its Form 10-Q for its second quarter of fiscal year 2022, which ended June 30, 2022. As noted in the Form 12b-25, the Board’s Audit Committee, with the assistance of independent legal counsel and consultants, is carrying out an internal investigation regarding certain allegations made by certain former employees related to the Company’s business operations. The Company continues to expect to complete the investigation in the coming months. "

https://finance.yahoo.com/news/polished-com-announces-management-transition-203000855.html