SEC Filing Summary: Starfest, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed by Starfest, Inc. on November 14, 2000. The registrant is incorporated in California with principal executive offices in Cave Creek, Arizona. The report discloses a material event regarding the company's financial reporting infrastructure.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a change in professional services and does not contain financial statement data.
Material Changes
- Change in Certifying Accountant: On November 14, 2000, the Company engaged Kabani & Company of Fountain Valley, California, as its new independent accountants.
- Consultation History: The Company confirmed that prior to this engagement, neither the Company nor its representatives had consulted with Kabani & Company regarding accounting principles, audit opinions, or other material financial reporting issues.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the standard disclosure of the accountant change. No unusual items or contingencies were reported in this document.
Key Facts for Investor Verification
- Verify the reason for the departure of the previous independent accountant, as this filing only confirms the engagement of the new firm.
- Confirm the qualifications and regulatory standing of Kabani & Company.
- Review subsequent filings (e.g., 10-K or 10-Q) to assess the impact of this change on the company's financial reporting quality.
- Note the discrepancy between the request metadata ("Marygold Companies, Inc.") and the actual registrant name in the filing ("Starfest, Inc.").