Replies to post #25765 on Advanced Container Technologies Inc (ACTX)

[Steph_ATK]

hmm... good point, i'll have to look into that.

[Steph_ATK]

Did some more light digging.....

8-k filed last year identified Paritz & Company resignation
Source: https://seekingalpha.com/filing/4213781

Looking at Partiz and Company website, Joel Paritz is one of the CPA on the team.
Source: http://www.paritz.com/2016/03/02/joelparitz/

Looking at Prager Metis website, seems Joel Paritz is a partner of Prager Metis CPAs
Source: https://www.pragermetis.com/about-us/our-team/joel-paritz

Looking at the connection, I am making the assumption that PragerMetis is the Lead auditing firm, and if that is true, then the SEC rules referencing 5 year rotation would apply?
Source: https://www.sec.gov/rules/final/33-8183.htm

[236T568]

Well said

and worth another read:

You do not have to change audit companies. It is the lead audit partner of the audit firm that has to change periodically, not the audit firm itself.