SEC Filing Summary: Mar Ked Mineral Exploration Ltd.
Business Context and Reporting Period
This Form 8-K was filed on February 21, 2008, by Mar Ked Mineral Exploration Ltd., a Nevada corporation. The report discloses a change in the company's independent public accountant. The filing does not contain financial performance data, revenue figures, or operational metrics for the reporting period.
Key Financial Metrics
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly a disclosure of auditor changes and does not include financial statements.
Material Changes
- Dismissal of Accountant: On February 21, 2008, the Board of Directors dismissed MacKay LLP as the independent public accountant.
- Engagement of New Accountant: On the same date, the Board engaged Moore & Associates, Chartered as the principal accountants for the fiscal year ended November 30, 2007.
- Audit History: MacKay LLP's reports for the fiscal years ended November 30, 2006, and 2005 did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements between the company and MacKay LLP regarding accounting principles, financial statement disclosures, or auditing scope during the two most recent fiscal years or the subsequent period through the date of dismissal.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No risks or contingencies were disclosed in this specific report. The company confirmed that the new accountant, Moore & Associates, Chartered, was not consulted regarding specific accounting applications or audit opinions prior to engagement.
Investor Verification Checklist
- Verify the reason for the dismissal of MacKay LLP, as the filing states no disagreements occurred.
- Confirm the transition timeline for Moore & Associates, Chartered to complete the audit for the fiscal year ended November 30, 2007.
- Review the "Letter from MacKay LLP" (Exhibit 16) referenced in the filing for additional context not included in the summary text.
- Note the discrepancy between the request metadata ("Surgepays, Inc.") and the actual registrant name in the filing ("Mar Ked Mineral Exploration Ltd.").