Business Context and Reporting Period
This Form 8-K filing by Immudyne, Inc. (not Lifemd, Inc.) was submitted on October 10, 2017, reporting events occurring on October 6, 2017. The company is incorporated in Delaware and operates from Mount Kisco, NY. The filing addresses a change in the registrant's certifying accountant.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the current period. However, it notes that audit reports for the fiscal years ended December 31, 2016, and December 31, 2015, included an explanatory paragraph disclosing uncertainty regarding the Company's ability to continue as a going concern.
Material Changes
- Dismissal of Auditor: On October 6, 2017, Immudyne, Inc. dismissed PKF O'Connor Davies, LLP as its independent registered public accounting firm following a competitive request for proposal process.
- Engagement of New Auditor: The Board of Directors engaged Rosenberg Rich Baker Berman & Company (RRBB) as the new independent registered public accounting firm for the year ending December 31, 2017. (Note: The text states this engagement occurred on October 9, 2015, which appears to be a typographical error in the source document given the context of the 2017 dismissal).
- No Disagreements: The Company reported no disagreements with the former auditor regarding accounting principles, practices, or audit scope during the two most recent fiscal years or the interim period through October 6, 2017.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the previously disclosed going concern uncertainty. The change in auditors was conducted without any "reportable events" or disagreements that would have required reference in the prior auditor's reports.
Investor Verification Checklist
- Verify the correct engagement date for the new auditor (RRBB), as the text cites October 9, 2015, which conflicts with the 2017 reporting timeline.
- Review the letter from PKF O'Connor Davies LLP (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Assess the current status of the "going concern" uncertainty noted in the 2015 and 2016 audit reports.
- Confirm the identity of the registrant, as the input metadata listed "Lifemd, Inc." while the filing explicitly names "Immudyne, Inc."