Crown Equity Holdings Inc. Reports Accountant Change

Ticker: CRWE · Form: 8-K · Filed: Jun 24, 2024 · CIK: 1103833

Sentiment: neutral

Topics: accountant-change, 8-K

TL;DR

CRWE changed accountants, filing an 8-K today.

AI Summary

Crown Equity Holdings, Inc. filed an 8-K on June 24, 2024, to report changes in its certifying accountant. The company, previously known as MICRO BIO-MEDICAL WASTE SYSTEMS, INC. and 20/20 NETWORKS INC, is incorporated in Nevada and operates in the retail computer and software stores sector.

Why It Matters

A change in a company's auditor can signal potential concerns about financial reporting or internal controls, warranting closer investor scrutiny.

Risk Assessment

Risk Level: medium — Changes in certifying accountants can sometimes indicate underlying financial reporting issues or disagreements.

Key Players & Entities

FAQ

What is the primary reason for Crown Equity Holdings, Inc. filing this 8-K?

Crown Equity Holdings, Inc. filed this 8-K to report changes in its certifying accountant.

When was this 8-K filing made?

The 8-K filing was made on June 24, 2024.

What were Crown Equity Holdings, Inc.'s previous names?

Crown Equity Holdings, Inc. was formerly known as MICRO BIO-MEDICAL WASTE SYSTEMS, INC. and 20/20 NETWORKS INC.

In which state is Crown Equity Holdings, Inc. incorporated?

Crown Equity Holdings, Inc. is incorporated in Nevada.

What is the business address of Crown Equity Holdings, Inc.?

The business address of Crown Equity Holdings, Inc. is 11226 Pentland Downs, Las Vegas, NV 89141.

Filing Stats: 810 words · 3 min read · ~3 pages · Grade level 13.1 · Accepted 2024-06-24 17:07:05

Filing Documents

01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. (a) Dismissal of Certifying Accountant Effective June 17, 2024, the Board of Directors of the Registrant dismissed its independent auditors, M&K CPAS, PLLC, of Houston, Texas, which action was approved by the Registrant's Board of Directors on June 17, 2024 and effective immediately.. Except as described in the following sentence, the reports of M&K CPAS, PLLC on the financial statements of Registrant for either of the past two fiscal years, ending December 31, 2023 and 2022, did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. The report of M&K CPAS, PLLC on the financial statements of Registrant for the fiscal years ended December 31, 2023 and December 31, 2022 do, however, contain an expression of substantial doubt as regarding Registrant's ability to continue as a going concern. During the Registrant's two most recent fiscal years, ending December 31, 2023 and 2022, and through to the date of dismissal June 17, 2024, the Registrant had: (i) no disagreements with M&K CPAS, PLLC of the type contemplated by Item 304(a)(1)(iv) of Regulation S-K on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which, if not resolved to M&K CPAS, PLLC's satisfaction, would have caused it to make reference to the subject matter of any such disagreement in connection with its reports; and (ii) no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K. Registrant has requested that M&K CPAS, PLLC furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements in this Item 4.01 within 10 business days of the date of filing this report. A copy of M&K CPAS, PLLC's letter to the Securities and Exchange Commission stating whether it agrees with the company's statements has not

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements of Business Acquired. N/A (b) Pro forma financial information. N/A (c) Exhibits. As described in Item 4.01 of this Report, a copy of the M&K CPAS, PLLC's letter to the Securities and Exchange Commission exhibit will be filed as an amendment on a Form 8-K when received: Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CROWN EQUITY HOLDINGS, INC. (Registrant) Date: June 24, 2024 By: /s/ Mike Zaman Name: Mike Zaman Title: CEO and President 3

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