ARtelligence Holdings, Inc. explains the status of its ongoing audits and reviews for periods from 2023 through the third quarter of 2025 with its independent auditor, FM Financial Services LLC. The company has asked the auditor to focus on the audit of its 2024 annual financial statements and the PCAOB-required review of its unaudited financial statements for the quarter ended September 30, 2025.
The timing of completion will be determined solely by the auditor under PCAOB standards, and management states it will not attempt to influence the work or conclusions. Once the auditor finishes, the company plans to file its Form 10-K for 2024 and Form 10-Q for the quarter ended September 30, 2025 as soon as practicable, highlighting a focus on transparency and regulatory compliance.
ARtelligence Holdings, Inc. reported large unregistered issuances of common stock and a change in control effective January 26, 2026. The company issued 2,000,000 shares to each member of its boards and management in lieu of further compensation, and 132,500,000 shares to El Dorado Family Group, Ltd. for exclusive image content services.
Three consultants received a total of 71,150,887, 7,687,768, and 1,300,138 shares, adjusted for a prior 50‑for‑1 reverse split. All issuances used Securities Act exemptions. ARtelligence states it is authorized to issue 500,000,000 common shares and has approximately 410,995,000 shares outstanding as of January 26, 2026, reflecting these transactions.
Control of the company shifted when all Series I Perpetual Preferred Stock, which carries super‑majority voting rights exceeding 155% of total voting power, was transferred to El Dorado Family Group, Ltd. Although El Dorado became the control person, Timothy A. Holly remains Chairman and CEO of both entities, so he continues to direct the company’s management.