James Maritime Holdings Inc. Changes Certifying Accountant

TL;DR

James Maritime Holdings Inc. swapped accountants on 3/21.

AI Summary

James Maritime Holdings Inc. filed an 8-K on March 28, 2024, reporting a change in its certifying accountant as of March 21, 2024. The company, formerly known as Out-Takes, Inc., is incorporated in Nevada and headquartered in Sandy, Utah.

Why It Matters

A change in a company's auditor can signal potential issues with financial reporting or a desire for a fresh perspective on financial statements.

Risk Assessment

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

Key Players & Entities

• James Maritime Holdings Inc. (company) — Registrant
• Out-Takes, Inc. (company) — Former company name
• March 21, 2024 (date) — Date of earliest event reported
• March 28, 2024 (date) — Filing date

FAQ

Filing Documents

• jmtm-20240321.htm (8-K) — 24KB
• jmtm_ex16z1.htm (EX-16.1) — 4KB
• jmtmex16z1_1.jpg (GRAPHIC) — 12KB
• jmtmex16z1_2.jpg (GRAPHIC) — 6KB
• 0001096906-24-000652.txt ( ) — 163KB
• jmtm-20240321_def.xml (EX-101.DEF) — 2KB
• jmtm-20240321_lab.xml (EX-101.LAB) — 14KB
• jmtm-20240321_pre.xml (EX-101.PRE) — 9KB
• jmtm-20240321.xsd (EX-101.SCH) — 2KB
• jmtm-20240321_htm.xml (XML) — 3KB

01. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT

ITEM 4.01. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT. (a) Dismissal of Previous Independent Registered Public Accounting Firm The Board of Directors (the "Board") of James Maritime Holdings, Inc. (the "Company") has completed a process to review the appointment of the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. As a result of this process, on March 22, 2024, the Board approved, the dismissal of Tanner LLC ("Tanner"), the Company's independent registered public accounting firm since 2022, effective March 22, 2024. The audit reports of Tanner on the Company's consolidated financial statements as of and for the year ended December 31, 2022 did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that Tanner disclosed an uncertainty of the Company to continue as a going concern. During the fiscal year ended December 31, 2022 and any subsequent interim period through the date of dismissal, there were no disagreements with the former auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of the former auditor, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its reports. During the fiscal year ended December 31, 2022 and the subsequent interim period through March 22, 2024, there were no "reportable events" within the meaning of Item 304(a)(1)(v) of Regulation S-K, except for the uncertainty of the Company to continue as a going concern. Tanner has been authorized by the Company to respond fully to the inquiries of Bush & Associates CPA LLC ("Bush"), the successor independent registered public accounting firm, concerning these reportable events. The Company provided Tanner with a copy of the disclosure it is making in this

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits The exhibits listed in the Exhibit Index filed as part of this report are filed as part of or are included in this report.

SIGNATURES

SIGNATURES 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 hereunto duly authorized. JAMES MARITIME HOLDINGS INC. Date: March 22, 2024 By: /s/ Kip Eardley Kip Eardley President and CEO EXHIBIT INDEX Exhibit Number Description 16.1 Letter from Tanner LLC

View Full Filing

View this 8-K filing on SEC EDGAR