Replies to post #166198 on Enzolytics Inc (ENZC)

[Tkmoney1]

PCAOB AUDITORS
On January 11, 2021, the Company engaged Malone Bailey to perform the Audit for the years ended December 31, 2019 and 2020.
The Company completed the client approval process in early February. No unanswered accounting issues arose. It was determined in
June of 2021 that the Bioclonetics transaction, which closed in November of 2020, should be accounted for as a reverse merger rather
than a business combination and will be reported as such in the audited financials for ENZC. The requested change in accounting
method required the books and records of Bioclonetics to be audited for the years ended December 31, 2019 and 2020 in accordance
with GAAP standards by a PCAOB auditor. After the hiring of independent Accounting Consultants, it was determined that the
Companies did do a business combination not a reverse merger, and as of the time of this filing, the Company has provided all the
records and agreements, accounting memos and backup documentation requested by the consultant and the auditor. The Changes in
Accounting Method will result in amendments to the quarters ending March 31. 2021, June 30, 2021, and September 30, 2021
immediately upon completion of the audits. In July of 2022, the Company and Malone Bailey terminated their relationship. There
were no unresolved accounting or financial issues between the parties. Gries and Associates, LLC was retained on July 18, 2022, and
is in the process of completing the 2020-2021 audits.
9

[MAGA_PATRIOT]

Honestly Dusty, your guess is as good as mine. Although they sure do dangle it a lot..