SEC Filing Summary: Form 8-K
Business Context and Reporting Period
Company: Imagine Media, Ltd. (Note: Metadata referenced "SOBR Safe, Inc.", but the filing text identifies the registrant as Imagine Media, Ltd.)
Date: October 20, 2011
Event: Change in Registrant's Certifying Accountant (Item 4.01).
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a corporate governance change and does not contain financial statements.
Material Changes
- Accounting Firm Change: On October 20, 2011, the Company engaged Ronald Chadwick, P.C. as its new independent registered public accounting firm.
- Consultation Status: The Company did not consult with Ronald Chadwick, P.C. prior to engagement regarding accounting principles for specific transactions or potential audit opinions.
- Advice Provided: The new firm did not provide written or oral advice that was a significant factor in the Company's decision-making on accounting or financial reporting issues.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on future performance, or specific risk factors beyond the change in auditor.
Key Facts for Investor Verification
- Verify the reason for the change in independent registered public accounting firm.
- Confirm the identity of the previous accounting firm (not explicitly named in this text).
- Review subsequent filings (e.g., 10-K or 10-Q) to assess the impact of the auditor change on financial reporting quality.
- Clarify the discrepancy between the metadata company name ("SOBR Safe, Inc.") and the filing registrant name ("Imagine Media, Ltd.").