Webstar Technology Group Appoints New Auditor
Ticker: WBSR · Form: 8-K · Filed: Aug 19, 2024 · CIK: 1645155
| Field | Detail |
|---|---|
| Company | Webstar Technology Group Inc. (WBSR) |
| Form Type | 8-K |
| Filed Date | Aug 19, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: WSTG
TL;DR
Webstar Tech (WSTG) swapped auditors; no disagreements reported with old one.
AI Summary
Webstar Technology Group, Inc. announced on August 19, 2024, that it has appointed a new independent registered public accounting firm, Anton & Chia, LLP, effective immediately. This change follows the resignation of their previous auditor, Weinberg & Company, P.A., on August 15, 2024. The company stated there were no disagreements with Weinberg & Company, P.A. on any matter of accounting principles or practices or financial statement disclosure.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor closely.
Risk Assessment
Risk Level: low — This filing is a routine disclosure regarding a change in the company's independent auditor and does not inherently present new financial risks.
Key Players & Entities
- Webstar Technology Group, Inc. (company) — Registrant
- Anton & Chia, LLP (company) — New independent registered public accounting firm
- Weinberg & Company, P.A. (company) — Former independent registered public accounting firm
- August 19, 2024 (date) — Effective date of new auditor appointment
- August 15, 2024 (date) — Date of former auditor's resignation
FAQ
Who is Webstar Technology Group, Inc.'s new independent registered public accounting firm?
Webstar Technology Group, Inc. has appointed Anton & Chia, LLP as its new independent registered public accounting firm.
When was the appointment of the new auditor effective?
The appointment of Anton & Chia, LLP was effective immediately as of August 19, 2024.
Who was Webstar Technology Group, Inc.'s previous auditor?
Webstar Technology Group, Inc.'s previous auditor was Weinberg & Company, P.A.
When did the previous auditor resign?
Weinberg & Company, P.A. resigned on August 15, 2024.
Were there any disagreements between Webstar Technology Group, Inc. and its former auditor?
The company stated that there were no disagreements with Weinberg & Company, P.A. on any matter of accounting principles or practices or financial statement disclosure.
Filing Stats: 1,508 words · 6 min read · ~5 pages · Grade level 16.7 · Accepted 2024-08-19 15:55:03
Filing Documents
- form8-k.htm (8-K) — 56KB
- ex1.htm (EX-1) — 9KB
- ex1_001.jpg (GRAPHIC) — 27KB
- ex1_002.jpg (GRAPHIC) — 11KB
- 0001493152-24-033065.txt ( ) — 290KB
- wbsr-20240819.xsd (EX-101.SCH) — 3KB
- wbsr-20240819_lab.xml (EX-101.LAB) — 33KB
- wbsr-20240819_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant 5 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Current Report contains forward-looking statements, including, without limitation, in the sections captioned "Description of Business," "Risk Factors," and "Management's Discussion and Analysis of Financial Condition and Plan of Operations," and elsewhere. Any and all statements contained in this Report that are not statements of historical fact may be deemed forward-looking "estimate," "pro-forma," "predict," "potential," "strategy," "anticipate," "attempt," "develop," "plan," "help," "believe," "continue," "intend," "expect," "future," and terms of similar import (including the negative of any of the foregoing) may be intended to identify forward-looking statements. However, not all forward-looking statements may contain one or more of these identifying terms. Forward-looking statements in this Report may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the development of commercially viable pharmaceuticals, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) our future financial performance, including any such statement contained in a discussion and analysis of financial condition by management or in the results of operations included pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"), and (iv) the assumptions underlying or relating to any statement described in points (i), (ii) or (iii) above. The forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon our current project
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 hereunto duly authorized. Webstar Technology Group, Inc. Dated: August 19, 2024 By: /s/ Adrienne M. Anderson Name: Adrienne M. Anderson Title: Chief Financial Officer Dated: August 19, 2024 By: /s/ Ricardo Haynes Name: Ricardo Haynes Title: Chief Executive Officer 6