Lode-Star Mining Changes Auditor to Weinberg & Company
Ticker: FTSP · Form: 8-K · Filed: Dec 17, 2024 · CIK: 1319643
| Field | Detail |
|---|---|
| Company | Lode-Star Mining INC. (FTSP) |
| Form Type | 8-K |
| Filed Date | Dec 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Lode-Star Mining dumped MaloneBailey for Weinberg & Company, no drama reported.
AI Summary
Lode-Star Mining Inc. announced on December 10, 2024, that it has appointed a new independent registered public accounting firm, Weinberg & Company, P.A. This change follows the resignation of the company's former auditor, MaloneBailey LLP. The company stated that there were no disagreements with MaloneBailey LLP regarding accounting principles or financial statement disclosures.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: low — The filing primarily concerns a change in auditor, which is a routine administrative event and does not inherently indicate financial distress or significant operational changes.
Key Players & Entities
- Lode-Star Mining Inc. (company) — Company filing the report
- Weinberg & Company, P.A. (company) — Newly appointed independent registered public accounting firm
- MaloneBailey LLP (company) — Former independent registered public accounting firm
- December 10, 2024 (date) — Date of the earliest event reported
FAQ
When did Lode-Star Mining Inc. appoint Weinberg & Company, P.A. as its new auditor?
Lode-Star Mining Inc. appointed Weinberg & Company, P.A. as its new independent registered public accounting firm on December 10, 2024.
Who was Lode-Star Mining Inc.'s previous auditor?
Lode-Star Mining Inc.'s previous auditor was MaloneBailey LLP.
Were there any disagreements between Lode-Star Mining Inc. and MaloneBailey LLP?
No, the filing states there were no disagreements between Lode-Star Mining Inc. and MaloneBailey LLP regarding accounting principles or financial statement disclosures.
What is the filing date for this 8-K report?
This 8-K report was filed on December 17, 2024.
What is Lode-Star Mining Inc.'s principal executive office address?
Lode-Star Mining Inc.'s principal executive office is located at 13529 Skinner Road, Suite N, Cypress, TX 77429.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-12-17 11:11:37
Filing Documents
- lsmg_8k.htm (8-K) — 24KB
- lsmg_ex16-1.htm (EX-16.1) — 4KB
- smythe-header.jpg (GRAPHIC) — 4KB
- smythe-footer.jpg (GRAPHIC) — 10KB
- 0001199835-24-000551.txt ( ) — 209KB
- lsmg-20241210.xsd (EX-101.SCH) — 3KB
- lsmg-20241210_lab.xml (EX-101.LAB) — 33KB
- lsmg-20241210_pre.xml (EX-101.PRE) — 22KB
- lsmg_8k_htm.xml (XML) — 3KB
01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On December 10, 2024 Lode-Star Mining, Inc. (the "Company") was informed by Smythe LLP, Chartered Professional Accountants (the current auditor "Smythe") that they have decided to discontinue services due to a change in their policy for audits of SEC registrants. Smythe's report on the financial statements for the years ended December 31, 2023 and 2022 contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to audit scope or accounting, except that the report contained an explanatory paragraph stating that there was substantial doubt about the Company's ability to continue as a going concern. Through the two year period covered by the financial statement audits for the years ended December 31, 2023 and December 31, 2022 and the subsequent interim period from January 1, 2024 through December 6, 2024, there have been no disagreements with Smythe on any matter of accounting principles or practices, financial them to make reference thereto in their report on the financial statements and (ii) no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K. We have authorized Smythe to respond fully to the inquiries of the successor accountant. The Company is currently engaged in discussions seeking a replacement for Smythe, and remains dedicated to maintaining the trust and confidence of its shareholders and it is confident that the prompt appointment of a new auditor will further strengthen its commitment to integrity and financial stewardship.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Number Exhibit 16.1 Letter from Smythe regarding Change in Certifying Accountant. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Lode-Star Mining, Inc. Date: December 17, 2024 By: /s/ Mark Walmesley Mark Walmesley Chief Executive Officer