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FREEDOM HOLDINGS ANNOUNCES CHANGE IN AUDITORS

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Freedom Holdings, Inc. (FHLD) has appointed BF Borgers CPA PC as its new independent registered public accounting firm. This decision was made to support an anticipated acquisition, which the CEO, Brian Kistler, claims will significantly enhance the company's future. The change was not due to any disagreements with the previous auditing firm, Olayinka Oyebola & Co. The company focuses on identifying opportunities in the financial services sector and aims to acquire undervalued assets.

Positive
  • Engagement of BF Borgers CPA PC enhances audit capabilities.
  • Upcoming acquisition could significantly improve the company's future.
Negative
  • None.

BF BORGERS CPA PC APPOINTED AS NEW INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Ossian, IN, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Freedom Holdings, Inc. (OTC PINK: FHLD) (“FHLD” or the "Company”), is pleased to announce it has engaged the independent auditing firm BF Borgers CPA PC ("Borgers") as its PCAOB audit firm moving forward.

 Brian Kistler, CEO, FHLD stated,” I would like to thank OLAYINKA OYEBOLA & CO for the work that was performed. This change of audit firms was not due to any disagreements with Olayinka Oyebola & Co regarding any matter of accounting principles or practices, financial statement disclosures, audit scope, or audit procedure.

We have been in substantive discussions with major financial services company and in preparation of this anticipated acquisition I felt it necessary to increase our access to a different audit firm who has also been engaged by the acquisition target in its anticipated entry into the public markets. Regarding the anticipated acquisition, I will be announcing the execution of a Binding Letter of Intent, once signed, in the very near future.  If the transaction is consummated it will mean a whole new life and future for Freedom.

About BF Borgers CPA PC
Borgers is a full-service, PCAOB (Public Company Accounting Oversight Board)-certified public accounting firm, providing audit, tax, and consulting services. For more information, visit www.bfbcpa.us.

ABOUT FREEDOM HOLDINGS, INC.

Freedom Holdings, Inc. is a holding company focusing on identifying opportunities in the financial services sector. The Company's objective is to acquire undervalued assets and initiate operations in underserved niches. Once established within the FHLD portfolio, the Holding Company will provide the support necessary to maximize its subsidiaries' business opportunities.

FORWARD-LOOKING STATEMENT
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995, involving many risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third-party. Therefore, in no case whatsoever will Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and statements in this press release or any related damages.

Company Contact
Brian Kistler
260-490-9990


FAQ

What is the recent news about Freedom Holdings, Inc. (FHLD)?

Freedom Holdings, Inc. has appointed BF Borgers CPA PC as its new independent registered public accounting firm to support an anticipated acquisition.

Why did Freedom Holdings change its auditing firm?

The change was made to enhance audit capabilities in preparation for an anticipated acquisition, not due to disagreements with the previous firm.

What does the appointment of BF Borgers CPA PC mean for FHLD?

The appointment of BF Borgers CPA PC is expected to improve audit processes and support the company's future acquisition plans.

When will Freedom Holdings announce the anticipated acquisition?

Freedom Holdings plans to announce the execution of a Binding Letter of Intent for the anticipated acquisition soon.

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Broadcasting
Communication Services
United States of America
Ossian