WBSR · Webstar Technology Group, Inc.

The auditor change represents a significant event for investors as it directly impacts the reliability and timing of the company's financial reporting. The disclosure reveals that the previous audit engagement was terminated before completion due to fundamental disagreements over accounting principles and audit procedures, specifically concerning the classification, timing, and documentation of certain obligations. While the company states it has provided all requested documentation and continues to cooperate, the fact that these matters remained unresolved with the former auditor raises questions about potential accounting complexities or disagreements that could affect the financial statements. The engagement of a new auditor, Victor Mokuolu, CPA PLLC, introduces a fresh review of the fiscal 2025 financials, but the delayed audit completion means investors will not receive certified financial statements until the company files an amended Form 10-K. This situation creates uncertainty around the financial results for the period and may affect investor confidence in the company's financial controls and reporting processes until the new audit is completed and any previously disputed accounting matters are resolved.