MetAlert, Inc. Files 8-K for Accountant Change & Exhibits

TL;DR

MetAlert (ALERT) filed an 8-K for auditor change and exhibits. Keep an eye on financials.

AI Summary

MetAlert, Inc. filed an 8-K on July 18, 2024, to report changes in its certifying accountant and to file financial statements and exhibits. The company, formerly known as GTX Corp and DEEAS RESOURCES INC., is incorporated in Nevada and based in Los Angeles, California.

Why It Matters

This filing indicates a change in the company's auditor, which can sometimes signal underlying financial reporting issues or a desire for a fresh perspective on financial statements.

Risk Assessment

Risk Level: medium — Changes in certifying accountants can sometimes precede or coincide with financial restatements or other disclosures that may impact the company's valuation.

Key Players & Entities

• MetAlert, Inc. (company) — Registrant
• GTX Corp (company) — Former Company Name
• DEEAS RESOURCES INC. (company) — Former Company Name
• July 18, 2024 (date) — Date of Report

FAQ

Filing Documents

• form8-k.htm (8-K) — 48KB
• ex16.htm (EX-16) — 4KB
• 0001493152-24-028336.txt ( ) — 218KB
• mlrt-20240718.xsd (EX-101.SCH) — 3KB
• mlrt-20240718_lab.xml (EX-101.LAB) — 33KB
• mlrt-20240718_pre.xml (EX-101.PRE) — 22KB
• form8-k_htm.xml (XML) — 3KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 July 18, 2024 Date of Report (Date of earliest event reported) MetAlert, Inc. (Exact Name of Registrant as Specified in Its Charter) Nevada 000-53046 98-0493446 (State or Other Jurisdiction of Incorporation or Organization) (Commission File Number) (I.R.S. Employer Identification No.) 117 W. 9 th Street , Suite 1214 , Los Angeles , CA 90015 (Address of Principal Executive Offices) (Zip Code) 213 - 489-3019 Registrant's telephone number, including area code N/A (Former Name or former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered N/A N/A N/A Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 4.01 Changes in Registrant's Certified Public Accountant (a) Resignation of M&K CPAS, PLLC ("M&K"), Certified Public Accountants (i) On July 12, 2024 M&K CPAS, PLLC ("M&K") resigned as the Company's independent registered public accounting firm. M&K had served as the Company's independent registered public accounting firm since 2021. (ii) M&K's audit reports on the financial statements of the Company for the fiscal years ended December 31, 2023 and 2022 contained no adverse opinion or disclaimer of opinion, nor were they qualified as to uncertainty, audit scope or accounting principles except that such reports included an explanatory paragraph describing the uncertainty of the Company's ability to continue as a going concern. (iii) The resignation of M&K was agreed to by the MetAlert Board of Directors and Audit Committee on January 12, 2024. (iv) During the fiscal years ended December 31, 2022 and 2023, and through July 12, 2024, there were no "disagreements" (as such term is defined in Item 304 of Regulation S-K) or reportable events ( as described under Item 304(a)(1)(v) of Regulation S-K) with M&K on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to their satisfaction, would have caused M&K to make reference to the subject matter of the disagreement in connection with its reports. (v) The Company provided M&K with its disclosures in the Current Report on Form 8-K disclosing the resignation of M&K and requested in writing that M&K furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures. M&K's response is filed as an exhibit to this Current Report on Form 8-K. (b) Appointment of dbb mckennon ("DBBM"), as the Company's independent registered public accounting firm (i) Following a careful deliberation and competitive process among various accounting firms, on July 12, 2024, the Company's Board of Directors and Audit Committee approved the engagement of DBBM as the Company's independent registered public accounting firm for the (ii) Prior to retaining DBBM, the Company did not consult with DBBM regarding either: (i) the application of accounting principles to a specified transaction, either contemplated or proposed, or the type of audit opinion that might be rendered on the Company's financial terms are defined in Item 304 of Regulation S-K). ITEM 9.01 EXHIBITS EXHIBIT NUMBER DESCRIPTION 16 Letter from M&K CPAS, PLLC to the Securities and Exchange Commission, dated July 18, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereto duly authorized. July 18, 2024 MetAlert, Inc. By: /s/ Patrick Bertagna N

View Full Filing

View this 8-K filing on SEC EDGAR