Quest Water Global Appoints KAN Accounting Solutions as New Auditor
Summary
Quest Water Global has appointed KAN Accounting Solutions as its new independent accountant, resolving the critical issue of being without an auditor after the previous firm's resignation.
Key Events
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New Auditor Appointed
Quest Water Global engaged KAN Accounting Solutions pllc as its new independent accountant on May 27, 2026.
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Replaces Resigned Auditor
This appointment follows the resignation of the previous independent accountant, Fruci & Associates II, PLLC, on May 5, 2026, which was reported in a May 6, 2026 8-K filing.
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Board Approval
The company's board of directors, acting as the audit committee, approved the decision to change independent accountants.
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No Prior Consultations or Disagreements
The company confirmed no prior consultations with KAN on accounting principles or audit opinions, nor any disagreements or reportable events with KAN.
Analysis
This 8-K reports the engagement of KAN Accounting Solutions as the company's new independent accountant, replacing Fruci & Associates II, PLLC, which resigned earlier this month. This move addresses a critical compliance issue, as the company was previously without a certified auditor following Fruci's resignation. While the company faces significant financial challenges, securing a new auditor is a necessary step to maintain its reporting obligations and avoid potential delisting.
At the time of this filing, QWTR was trading at $0.07 on OTC in the Technology sector, with a market capitalization of approximately $8.9M. The 52-week trading range was $0.00 to $0.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.