Powerdyne International Changes Auditors
Ticker: PWDY · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1435617
| Field | Detail |
|---|---|
| Company | Powerdyne International, Inc. (PWDY) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, disclosure
Related Tickers: PDYN
TL;DR
PDYN swapped auditors from Sadler Gibb to Weaver & Associates, effective April 12, 2024.
AI Summary
Powerdyne International, Inc. announced on April 12, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, Sadler, Gibb & Associates, LLC, and has appointed Weaver and Associates, CPAs, P.C. as its new auditor. This change was made with the approval of the Audit Committee of the Board of Directors.
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 — This filing is a routine disclosure regarding a change in the company's auditor and does not inherently present new financial risks.
Key Players & Entities
- Powerdyne International, Inc. (company) — Registrant
- Sadler, Gibb & Associates, LLC (company) — Former certifying accountant
- Weaver and Associates, CPAs, P.C. (company) — New certifying accountant
- April 12, 2024 (date) — Effective date of auditor change
FAQ
When was the change in certifying accountant for Powerdyne International, Inc. effective?
The change in certifying accountant for Powerdyne International, Inc. was effective as of April 12, 2024.
Who was Powerdyne International, Inc.'s former certifying accountant?
Powerdyne International, Inc.'s former certifying accountant was Sadler, Gibb & Associates, LLC.
Who is Powerdyne International, Inc.'s new certifying accountant?
Powerdyne International, Inc.'s new certifying accountant is Weaver and Associates, CPAs, P.C.
Was the change in auditor approved by the Board of Directors?
Yes, the change in auditor was made with the approval of the Audit Committee of the Board of Directors.
Did the former auditor resign or was it dismissed?
The filing states that the company dismissed its previous independent registered public accounting firm, Sadler, Gibb & Associates, LLC.
Filing Stats: 692 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2024-04-15 13:12:29
Filing Documents
- form8-k.htm (8-K) — 37KB
- ex16-1.htm (EX-16.1) — 6KB
- 0001493152-24-014572.txt ( ) — 210KB
- pwdy-20240412.xsd (EX-101.SCH) — 3KB
- pwdy-20240412_lab.xml (EX-101.LAB) — 33KB
- pwdy-20240412_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES 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 hereunder duly authorized. POWERDYNE INTERNATIONAL, INC Date: April 15, 2024 By: /s/ James O'Rourke James O'Rourke Chief Executive Officer