Eva Live Inc. (GOAI) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Eva Live Inc. on April 03, 2025. The company is incorporated in Nevada and its common stock trades on the OTC Markets under the symbol GOAI. The filing addresses a change in the company's independent registered public accounting firm for the fiscal years ending 2023 and 2024.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the audit firm and does not contain financial statement data.
Material Changes
- Dismissal of Prior Accountant: The Board of Directors dismissed Olayinka Oyebola & Co. ("Olayinka") as the independent registered public accounting firm. The dismissal was due to Olayinka's status being changed to a "Prohibited Service Provider" by the OTC Markets Group.
- Engagement of New Accountant: The company engaged Lao Professionals ("LAO") as its new independent registered public accounting firm for the fiscal years ending 2023 and 2024.
- Scope of Prior Engagement: Olayinka was retained for less than one month, and no reports were filed with the SEC during their tenure.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, or discussion of general business risks. The primary contingency addressed is the transition of audit services to ensure compliance with reporting requirements. The company confirmed that no consultations occurred with the new firm (LAO) regarding accounting principles or disagreements prior to their engagement.
Key Facts for Investor Verification
- Verify the current status of Lao Professionals ("LAO") as an approved service provider with the OTC Markets Group.
- Confirm that no financial reports were filed with the SEC during the brief tenure of the previous accountant, Olayinka Oyebola & Co.
- Monitor future filings for the issuance of audit opinions for the fiscal years 2023 and 2024 by the new firm.
- Review the letter from Olayinka Oyebola & Co. (Exhibit 16.1) to confirm their agreement with the statements regarding their dismissal.