Business Context and Reporting Period
This Form 8-K is a current report filed by Wizard World, Inc. (not Prairie Operating Co.) on February 22, 2016, covering events occurring on February 16, 2016. The filing addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance regarding the audit firm.
Material Changes
- Dismissal of Auditor: Effective February 16, 2016, the Board of Directors dismissed Li & Company, P.C. as the independent registered public accounting firm.
- Engagement of New Auditor: Effective February 16, 2016, the Board approved the engagement of Rosenberg Rich Baker Berman & Company (RRBB) as the new independent registered public accounting firm.
- Audit History: Li & Company's reports for fiscal years ended December 31, 2014, and 2013, contained no adverse opinions, disclaimers, or qualifications. There were no disagreements with Li & Company regarding accounting principles, practices, or audit scope during the relevant periods.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary on business operations. No risks or contingencies related to financial performance are disclosed. The company confirmed that there were no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K during the tenure of the former auditor.
Investor Verification Checklist
- Verify the reasons for the auditor change, as the filing states no disagreements occurred but does not explicitly detail the strategic rationale for the switch.
- Confirm the transition timeline and any potential impact on the timing of future financial statement releases.
- Review the attached Exhibit 16.1 (Letter from Li & Company) to ensure the former auditor fully agrees with the company's disclosures regarding the dismissal.
- Note the discrepancy between the requested company name (Prairie Operating Co.) and the actual registrant (Wizard World, Inc.).