Business Context and Reporting Period
This Form 8-K is a current report filed by Wizard World, Inc. (not Prairie Operating Co.) on February 3, 2011. The filing addresses a change in the company's independent registered public accounting firm.
Key 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.
Material Changes
- Dismissal of Previous Auditor: On February 3, 2011, the company dismissed Seale & Beers, CPAs, as its independent registered public accounting firm. The Board of Directors approved this decision on February 1, 2011.
- Engagement of New Auditor: On February 3, 2011, the Board appointed Li & Company, PC, as the new independent registered public accounting firm.
- Audit History: Reports by the previous auditor for the years ended July 31, 2010, and 2009 contained no adverse opinions, disclaimers, or qualifications. There were no disagreements regarding accounting principles, practices, or audit scope during the tenure of the previous firm.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. No risks or contingencies related to financial operations are disclosed in this specific report. The company confirmed that no consultations occurred with the new auditor regarding accounting principles or audit opinions prior to their engagement.
Investor Verification Checklist
- Verify the identity of the registrant as Wizard World, Inc., noting the discrepancy with the requested company name "Prairie Operating Co."
- Review the letter from Seale & Beers, CPAs (Exhibit 16.1) to confirm their agreement with the company's statements regarding the dismissal.
- Monitor future filings to assess the impact of the auditor change on the company's financial reporting and audit opinions.