+Added: On May 3, 2024, the SEC (“the Commission”)
+Added: issued an order whereby the Company’s then auditor, BF Borgers CPA PC (“Borgers”) was banned from appearing or practicing
+Added: before the Commission as an accountant.
+Added: This ban results in Borgers being unable to perform the audit or review of financial information
+Added: included in Commission filings.
+Added: Issuers who are clients of Borgers were advised that they must:
+Added: a) engage a new qualified, independent,
+Added: PCAOB-registered public accountant;
+Added: (b) may not present financial information that has been reviewed by Borgers in its quarterly reports;
+Added: and, (c) may not include audit reports from Borgers in its 10-K filings.
+Added: Further, the Commission advised issuers to consider whether
+Added: their filings may need to be amended to address any reporting deficiencies arising from the Borgers engagement.
+Added: The Company filed an 8-K on May 6, 2024 announcing
+Added: the dismissal of Borgers and the engagement of a new, independent PCAOB-registered public accountant, Fortune CPA, Inc.
+Added: by the audit committee and board of directors of the Company.
+Added: Fortune has been engaged to conduct a review for the nine months ending
+Added: March 31, 2024, to audit the year ending June 30, 2024 and to re-audit the year ending June 30, 2023.
+Added: While the Company believes
+Added: that its internal controls and procedures used in preparing its reports were effective in its reporting, there is a risk that Fortune
+Added: may discover discrepancies during the course of its audit of the years ending June 30, 2024 and 2023 that require an amendment of the
+Added: Company’s financial statements.
+Added: Other than as stated above, a s
of the date of this Quarterly Report on Form 10-Q, there have been no material changes from the risk factors disclosed in our Annual
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.