iWallet Corp. Files 8-K: Accountant Change & Financials
Ticker: IWAL · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1498372
| Field | Detail |
|---|---|
| Company | Iwallet Corp (IWAL) |
| Form Type | 8-K |
| Filed Date | Jul 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, financial-statements, 8-k
TL;DR
iWallet Corp. filed an 8-K on 10/31/23 for auditor change and financials.
AI Summary
iWallet Corp. filed an 8-K on October 31, 2023, reporting changes in its certifying accountant and filing financial statements and exhibits. The company, formerly known as Queensridge Mining Resources, Inc., is incorporated in Nevada and based in Reno.
Why It Matters
This filing indicates a change in the company's auditor and the submission of financial statements, which are crucial for investors to assess the company's financial health and compliance.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of an 8-K, primarily concerning changes in auditors and financial statements, without immediate significant financial events.
Key Numbers
- 000-56347 — SEC File Number (Identifies the company's filing with the SEC.)
- 27-1830013 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- iWallet Corp (company) — Registrant
- Queensridge Mining Resources, Inc. (company) — Former company name
- October 31, 2023 (date) — Date of earliest event reported
- Reno, NV (location) — Principal executive offices
- 858-610-2958 (phone_number) — Registrant's telephone number
FAQ
What is the primary reason for iWallet Corp.'s 8-K filing on October 31, 2023?
The primary reasons are changes in the registrant's certifying accountant and the filing of financial statements and exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 31, 2023.
What was iWallet Corp.'s former company name?
iWallet Corp.'s former company name was Queensridge Mining Resources, Inc.
Where are iWallet Corp.'s principal executive offices located?
iWallet Corp.'s principal executive offices are located at 401 Ryland St., Ste. 200A, Reno, NV 89502.
What is the SEC file number for iWallet Corp.?
The SEC file number for iWallet Corp. is 000-56347.
Filing Stats: 858 words · 3 min read · ~3 pages · Grade level 14.1 · Accepted 2024-07-03 16:35:13
Filing Documents
- iwal-20231031.htm (8-K) — 25KB
- iwal_ex161.htm (EX-16.1) — 3KB
- 0001393905-24-000240.txt ( ) — 132KB
- iwal-20231031_def.xml (EX-101.DEF) — 2KB
- iwal-20231031_lab.xml (EX-101.LAB) — 12KB
- iwal-20231031_pre.xml (EX-101.PRE) — 8KB
- iwal-20231031.xsd (EX-101.SCH) — 2KB
- iwal-20231031_htm.xml (XML) — 2KB
01. Changes in Registrant's Certifying Accountant
Item 4.01. Changes in Registrant's Certifying Accountant. On October 31, 2023, iWallet Corporation (the "Company," "we," "our") retained Victor Mokuolu, CPA PLLC ("VMCPA"), as our new independent registered public accounting firm. The appointment of VMCPA was approved by the Board of Directors of the Company. As a result of our engagement of VMCPA on October 31, 2023, we dismissed Pinnacle Accountancy Group of Utah, a DBA of Heaton & Co., PLLC ("Pinnacle") as our independent registered public accounting firm. During the two most recent fiscal years prior to such date (December 31, 2022 and 2021), and through the date of dismissal, there were no disagreements with Pinnacle on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Pinnacle, would have caused Pinnacle to make reference to the subject matter of the disagreement in its report. There have been no reportable events as provided in Item 304(a)(1)(v) of Regulation S-K up to and including the dismissal of Pinnacle, except that such reports contained an explanatory paragraph in respect to uncertainty as to the Company's ability to continue as a going concern. Pinnacle's report on the consolidated financial statements of the Company as, at, and for the fiscal years ended December 31, 2022 and 2021, did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that such reports contained an explanatory paragraph in respect to uncertainty as to the Company's ability to continue as a going concern and identified certain material weakness in our internal controls over financial reporting. There were and are no limitations placed on Pinnacle concerning the inquiry of any matter related to the Company's financial reporting. On July 1, 2024, the Company provided Pinnacle with a copy of the foregoing di
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description of Exhibit 16.1 Letter from Pinnacle dated July 3, 2024 104 Cover Page Interactive Data File (embedded within 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. IWALLET CORP Date: July 3, 2024 By: /s/ Steven Cabouli Steven Cabouli Chief Executive Officer 3