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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K/A

(Amendment No. 1)

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): August 25, 2023

 

METAVESCO, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   811-08387   54-1694665
(State or other jurisdiction
of incorporation)
 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

410 Peachtree Pkwy, Suite 4245

Cumming, GA 30041

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (678) 341-5898

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Explanatory Note

 

On September 15, 2023, Metavesco, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Initial 8-K”) reporting the dismissal of Hudgens CPA, PLLC (“Hudgens”) as the Company’s independent registered public accounting firm and the appointment of GreenGrowth CPAs as the Company’s independent registered public accounting firm. The Initial 8-K included certain disclosures that inadvertently indicated that Hudgens issued reports on the Company’s financial statements for the fiscal years ended June 30, 2022 and 2021, whereas Hudgens only issued a report on the Company’s financial statements for the fiscal year ended June 30, 2022 and did not issue a report on the Company’s financial statements for the fiscal year ended June 30, 2021. This Amendment No. 1 to the Initial 8-K (“Amendment No. 1”) is being filed to correct this inadvertent error. Except for the changes noted in this Explanatory Note and certain conforming edits, no other changes have been made to the disclosure provided in the Initial 8-K.

 

The Company provided Hudgens with a copy of the disclosure contained in this Amendment No. 1, prior to its filing with the Securities and Exchange Commission (the “Commission”), and requested that Hudgens furnish the Company a letter addressed to the Commission stating whether or not it agreed with the statements herein and, if not, stating the respects in which it does not agree. Hudgens’ letter to the Commission is attached hereto as Exhibit 16.1.

 

Item 4.01. Changes in Registrant’s Certifying Accountant.

 

(a) Dismissal of Independent Registered Public Accounting Firm

 

On August 25, 2023, Hudgens CPA, PLLC, resigned as the independent registered public accounting firm of Metavesco, Inc. (the “Company”).

 

Hudgens’ report on the Company’s financial statements for the fiscal year ended June 30, 2022 did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that such report expressed substantial doubt regarding the Company’s ability to continue as a going concern. Furthermore, during the Company’s fiscal year ended June 30, 2022 and through August 25, 2023, there have been no disagreements with Hudgens on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Hudgens’ satisfaction, would have caused Hudgens to make reference to the subject matter of the disagreement in connection with its report on the Company’s financial statements for such period.

 

For the fiscal year ended June 30, 2022 and through August 25, 2023, there were no “reportable events” as that term is described in Item 304(a)(1)(v) of Regulation S-K.

 

The Company provided Hudgens with a copy of the disclosure contained herein, prior to its filing with the Securities and Exchange Commission (the “Commission”), and requested that Hudgens furnish the Company a letter addressed to the Commission stating whether or not it agreed with the statements herein and, if not, stating the respects in which it does not agree. Hudgens’ letter to the Commission is attached hereto as Exhibit 16.1.

 

(b) Engagement of New Independent Registered Accounting Firm

 

On September 7, 2023, the Company’s Board of Directors appointed GreenGrowth CPAs (“GreenGrowth”) as the Company’s new independent registered accounting firm. During the Company’s two most recent fiscal years and through September 7, 2023, neither the Company nor anyone acting on the Company’s behalf consulted GreenGrowth with respect to any of the matters or reportable events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.

 

Item 9.01. Financial Statement and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
16.1   Letter from Hudgens CPA, PLLC, dated September 20, 2023, addressed to the Securities and Exchange Commission.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Metavesco, Inc.
     
Date: September 20, 2023 By: /s/ Ryan Schadel
    Ryan Schadel
    Chief Executive Officer

 

 

 

 

Exhibit 16.1

 

 

September 20, 2023

 

Office of the Chief Accountant Securities and Exchange Commission 100 F Street, NE

Washington, DC 20549

 

Re: Metavesco, Inc. Commission File No.811-08387

 

Dear Sir/Madam:

 

We have read the statements included under item 4.01 in the Form 8-K/A dated September 20, 2023, of Metavesco, Inc. to be filed with the Securities and Exchange Commission and we concur with such statements made regarding our firm. We have no basis to agree or disagree with other statements contained therein.

 

 

Hudgens CPA, PLLC

Houston, Texas

 

 

 

 

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Aug. 25, 2023
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Document Type 8-K/A
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Amendment Description Amendment No. 1
Document Period End Date Aug. 25, 2023
Entity File Number 811-08387
Entity Registrant Name METAVESCO, INC.
Entity Central Index Key 0000924095
Entity Tax Identification Number 54-1694665
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 410 Peachtree Pkwy
Entity Address, Address Line Two Suite 4245
Entity Address, City or Town Cumming
Entity Address, State or Province GA
Entity Address, Postal Zip Code 30041
City Area Code (678)
Local Phone Number 341-5898
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false

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