1oldtimetrader
1週前
The audit problem could be more serious than I previously thought.....WAST's 8K and amendment make it sound like the Company has done all the right things, but the letter from the auditor frames it very differently. I've personally never encountered an audit resignation letter that refutes their former clients position. Read for yourself. Hopefully, WAST can overcome these accounting hurdles and then finally get the CEASE TRADE IN CANADA fixed. My shares are absolutely worthless as it is now because my Canadian broker cant sell the stock for me.
May 22, 2026
Office of the Chief Accountant
Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549
Dear Sir/Madam:
Integritat Audit, Accounting & Advisory, LLC (“Integrität”, “the Firm”) was previously engaged as the principal accountants to audit the consolidated financial statements of Waste Energy Corp. (the “Company”, “WEC”), as of and for the year ended December 31, 2025. We have resigned as their auditors effective May 19, 2026.
We have read the statements made by WEC which were provided to us and which we understand will be filed with the Commission pursuant to Item 4.01 of its Form 8-K, regarding our resignation as their registered public accountant.
We agree with the following statements:
? On May 19, 2026, Integrität Audit, Accounting & Advisory, LLC resigned as the independent registered public accounting firm of Waste Energy Corp.
? The Company provided Integrität with a copy of the disclosures contained in this Current Report on Form 8-K and requested that Integrität furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein.
Our explanations for all other statements to which we disagree are below:
? Disagreements with Management and Item 304(a)(1)(iv) - Contrary to the Company’s statement, there were disagreements with Management and some disagreements were related to Item 304(a)(1)(iv) of Regulation S-K. Specifically, disagreements arose with management regarding the Firm obtaining certain information and records requested during the audit, the Firm’s judgement to exercise due care and professional skepticism with respect to matters identified by the Firm as omissions, errors, or inconsistencies, the Firm’s professional judgment to modify the scope and extent of its evaluation and testing in response to matters identified during the engagement.
Throughout the engagement, documentation and responses to inquiries were provided by management; however, such information were often significantly delayed, with inconsistencies, errors or omissions. These conditions elevated the Firm’s risk assessment regarding the reliability of certain sources of information.
In the latter stage of the audit, the Firm became aware of certain matters that had not been previously disclosed. Although the Firm had requested relevant information at or near the commencement of the engagement, if relevant conditions existed, that information was not provided until near the planned conclusion of the audit. Those matters were significant to the audit and necessitated modified audit procedures and were reassessed as high risk. Additionally, Management did not agree to remediation measures proposed by the Firm. Such disagreements, if not resolved to Integrität’s satisfaction, would have caused Integrität to make reference thereto in its report on the financial statements.
? Conclusion of the Audit - Integrität informed the Company that it would not issue an audit report on the financial statements for the fiscal year ended December 31, 2025, and no audit report or opinion was issued in connection with this engagement. The characterization in the Company’s Form 8-K that Integrität “did not complete the audit” does not accurately reflect the circumstances of the engagement. The Firm completed its audit process, reached a definitive professional conclusion that sufficient, reliable audit evidence could not be obtained due to engagement conditions it could not remediate, and resigned accordingly.
We neither agree nor disagree with all other statements as we have limited access to information on these matters.
Very truly yours,
/S/ INTEGRITAT CPA
Boca Raton, FL, USA
Oleblue
10月前
The Ocean Cleanup is a non-profit organization that develops and deploys technologies to remove plastic pollution from the world's oceans and rivers. They use a two-pronged approach: intercepting plastic in rivers before it reaches the ocean and cleaning up existing plastic pollution in the oceans.
Here's a more detailed look at their work:
Ocean Cleanup:
The Ocean Cleanup develops large-scale systems, like floating barriers, to concentrate and collect plastic debris in areas like the Great Pacific Garbage Patch.
River Interception:
They also deploy "Interceptor" systems in rivers to capture plastic before it flows into the ocean.
Waste Management and Recycling:
The organization aims to give plastic waste a new purpose by using it to create durable products and fund further cleanup efforts, creating a circular system.
Partnerships:
The Ocean Cleanup collaborates with various organizations, including The Coca-Cola Company and AWS, to accelerate their efforts.
Mission:
The ultimate goal is to rid the world's oceans of plastic and prevent further pollution, with the organization aiming to be out of business once the oceans are clean.
The Ocean Cleanup is a nonprofit environmental engineering organization based in the Netherlands that develops and deploys technology to extract plastic pollution from the oceans and to capture it in rivers before it can reach the ocean. Their initial focus was on the Pacific Ocean and its garbage patch, and extended to rivers in countries including Indonesia, Guatemala, and the United States. The Ocean Cleanup was founded in 2013 by Boyan Slat, a Dutch inventor who serves as its CEO.
https://theoceancleanup.com/
1oldtimetrader
10月前
Important PR ->>> Waste Energy Corp to Present at OTCQB Venture Virtual Investor Conference August 7; Signs First Feedstock Agreement for Midland Waste-to-Energy Facility
MIDLAND, TX / ACCESS Newswire / July 29, 2025 / Waste Energy Corp ("Waste Energy" or the "Company") (OTCQB:WAST), an emerging leader in clean energy and waste-to-energy innovation, today announced that it will present at the OTCQB Venture Virtual Investor Conference on Wednesday, August 7, 2025, at 2:30 PM EST.
The Company's 20-minute investor presentation will provide an operational update, outline its near-term and long-term growth strategy, and highlight key milestones in the commercialization of its Midland, Texas waste conversion facility. The presentation will offer insights relevant to investors interested in emerging opportunities within the clean energy and sustainability sectors.
Waste Energy also announced it has entered into its first feedstock agreement, securing a consistent supply of post-consumer and industrial plastic and rubber waste for its flagship 15-ton-per-day waste-to-energy system in Midland. This key agreement marks the beginning of revenue-focused operations and establishes the foundation for scaling production.
"Our participation in the OTCQB Venture Conference is a timely opportunity to update investors on the accelerating progress we're making in Texas and provide some insight into our revenue & business model going forward," said Scott Gallagher, President & CEO of Waste Energy Corp. "Securing the necessary feedstock to fuel our growth is a critical milestone that's now been checked. Based on our current pipeline, we're confident we'll have more than enough material to consistently supply our fully scaled 30-ton-per-day system as we prepare for commercial launch and initial revenue generation targeting early September.
At the same time, we are in active discussions to finalize offtake agreements for both non-road ULSD (ultra-low sulfur diesel) and recovered carbon black. Once signed, we expect these agreements will include a commitment to purchase 100% of the fuel produced from our waste stream, representing a key step toward establishing predictable, recurring revenue as we move rapidly toward commissioning our first full waste-to-energy system."
Management anticipates signing offtake agreements in the near term, completing a closed-loop revenue model that supports both early profitability and long-term scalability and will provide updates during the presentation.
To register for the August 7 presentation or learn more about Waste Energy Corp, visit: https://www.wec.eco/conference-sign-up
About Waste Energy Corp
Waste Energy Corp (OTCQB:WAST) is transforming waste into opportunity by converting non-recyclable plastics and used tires into clean, U.S.-based energy sources. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfills and convert it into new U.S.-based energy streams that generate measurable environmental and economic value.
Waste Energy Corp is a fully reporting SEC Exchange Act company, trading on the OTCQB under the symbol WAST. For more information, visit www.WEC.eco or access investor disclosures at www.SEC.gov.
Forward-Looking Statements
This press release and any other publicly disclosed content contain forward-looking statements regarding Waste Energy Corp's business operations, future financial performance, and projections. These statements are subject to various risks and uncertainties, including market conditions, regulatory approvals, and other factors outside of the control of WEC, which may impact actual results. Investors are encouraged to review all risk factors and disclosures in the company's public filings with the Securities and Exchange Commission, including the Company's quarterly and annual financial statements at www.SEC.gov, before making any investment in a publicly traded equity.
Investor Contact:
Waste Energy Corp
Email: SG@WEC.eco
Phone: (727) 417-7807
Website: www.WEC.eco
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