Clean Energy Technologies, Inc. Dismisses Auditor After Going-Concern Note

What Happened
Clean Energy Technologies, Inc. (CETY) filed an 8-K reporting that it notified TAAD LLP of its dismissal as the company’s independent registered public accounting firm on July 13, 2026, and engaged Green Growth CPAs as its new independent registered public accounting firm on July 16, 2026. TAAD’s audit reports for the years ended December 31, 2025 and 2024 contained an explanatory paragraph noting substantial doubt about the company’s ability to continue as a going concern. The company’s Audit Committee approved the dismissal.

Key Details

• Former auditor: TAAD LLP was dismissed on July 13, 2026.
• New auditor: Green Growth CPAs was engaged on July 16, 2026.
• Prior audit reports (years ended Dec. 31, 2025 and 2024) included a going-concern explanatory paragraph.
• The company reports no disagreements or reportable events with TAAD during fiscal 2025 or the interim period through July 13, 2026, and has provided TAAD a copy of this 8-K (TAAD’s letter is filed as Exhibit 16.1).
• CETY states it did not consult with Green Growth CPAs on accounting/audit matters during the two most recent fiscal years or the interim period through July 16, 2026.

Why It Matters
A change in independent auditor is material for investors because it affects who will examine and opine on the company’s future audited financial statements. The presence of a going-concern explanatory paragraph in recent audit reports highlights an existing auditor concern about the company’s financial viability — a fact investors should note when assessing risk. The filing also indicates no disagreements with the former auditor, but investors should watch upcoming filings and the new auditor’s reports for any changes in audit opinions or new disclosures.