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Goldenwell Biotech dismisses auditor Michael Gillespie & Associates after going concern warnings; appoints Privatco CPA Limited
GWLLGoldenwell Biotech, Inc.
Goldenwell Biotech, Inc. dismissed Michael Gillespie & Associates, PLLC as its independent registered public accounting firm effective September 27, 2026, following board approval. The former auditor's reports for fiscal years ended December 31, 2025 and 2024 contained no adverse opinions or qualifications but explicitly stated there is substantial doubt about the Company’s ability to continue as a going concern. There were no disagreements with the former auditor on accounting principles, financial statement disclosures, or auditing scope. The company engaged Privatco CPA Limited as its new independent registered public accountant effective September 22, 2026. Goldenwell Biotech operates in the biotechnology industry and is developing pharmaceutical products.