FDCTech Inc (FDCT)

[BigBadWolf]

This definitely did NOT help their cause yet I have not reached out to them to verify if they are PCAOB yet there is no public records that I can access of LAO Professionals being a PCAOB-registered firm. The PCAOB (Public Company Accounting Oversight Board) registers firms that audit public companies in the U.S., and a firm must be registered to perform those audits. While some large, international firms in countries like Nigeria have registered PCAOB inspection offices, it's unlikely for a smaller local firm to have this registration. It would be best to contact LAO Professionals directly to confirm their specific certifications and capabilities
Service Providers
Accounting/Auditing Firm
LAO Professionals
Suite 33, Hill Top Plaza, 13
Gwani Street, Zone 4, Wuse

Why? SEC-Registered Companies Must Use PCAOB-Registered Auditors. Under Sarbanes–Oxley (SOX) and Exchange Act § 10A, every audit filed with the SEC must be performed by an independent public accounting firm registered with the PCAOB (Public Company Accounting Oversight Board).

If an issuer’s auditor is not PCAOB-registered, the SEC treats those financial statements as unaudited.
FINRA will not clear a Form 211 based on unaudited or non-PCAOB audit reports.
Market makers will instantly decline sponsorship if they see a foreign or unregistered audit firm.
Abuja 00234
Nigeria