09/03/2025 | Press release | Distributed by Public on 09/03/2025 06:50
Item 4.01 Changes in Registrant's Certifying Accountant.
(a) On August 29, 2025, Artisan Consumer Goods, Inc., a Nevada corporation (the "Company"), notified Fruci & Associations II, PLLC ("Fruci"), that the Company had dismissed Fruci as the independent registered public accounting firm of the Company. The Board of Directors of the Company recommended and approved the dismissal.
The reports of Fruci regarding the Company's financial statements as of June 30, 2024 and 2023 and the statement of operations, stockholders' deficit and cash flows for the years then ended, contained no adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principle. The reports of Fruci, however, stated that there is substantial doubt about the Company's ability to continue as a going concern.
For the years ended June 30, 2024 and 2023, and during the subsequent interim period through the date of dismissal, the Company had no disagreement with Fruci on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Fruci, would have caused them to make reference thereto in their report on the Company's financial statements for such year ended June 30, 2024 and 2023. There were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K.
The Company provided Fruci with a copy of the above disclosures and requested Fruci to furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. Fruci's response is attached as Exhibit 16.1 to this Current Report on Form 8-K.
(b) On August 29, 2025, the Board of Directors of the Company resolved to engage the independent registered public accounting firm of Aloba, Awomolo & Partners ("AAP"), the Company's new independent registered public accountants, which appointment AAP has accepted with the dismissal of Fruci.
During the two most recent fiscal years and the interim period preceding the engagement of AAPs, the Company has not consulted with AAP regarding either: (i) the application of accounting principles, (ii) the type of audit opinion that might be rendered by AAP or (iii) any other matter that was the subject of disagreement between the Company and its former auditor as described in Item 304(a)(1)(iv), or a reportable event as described in paragraph 304(a)(1)(v), of Regulation S-K. The Company did not have any disagreements with AAP and therefore did not discuss any past disagreements with AAP.