Company: KCRD
Filing Date: 2025-05-19
Form Type: 10-K
Source: 0001477932-25-003933
Chunk: 721

Company: Kindcard, Inc.
Filing Date: 2025-05-19
Form: 10-K
Item: Item 9A
Chunk 721
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 price of $0.01. RMR is a company owned and controlled by the Company’s CEO. As of January 31, 2025 $2,248 in interest has been accrued for a total balance of $298,745.

At no time during the last two fiscal years has any executive officer, director or any member of these individuals’ immediate families, any corporation or organization with whom any of these individuals is an affiliate or any trust or estate in which any of these individuals serves as a trustee or in a similar capacity or has a substantial beneficial interest been indebted to the Company.

Procedures for Approval of Related Party Transactions

Our Board of Directors is charged with reviewing and approving all potential related party transactions. All such related party transactions must then be reported under applicable SEC rules. We have not adopted other procedures for review, or standards for approval, of such transactions, but instead review them on a case-by-case basis.

Director Independence

Our Board of Directors has undertaken a review of its composition and the independence of each director. Based on the review of each director’s background, employment and affiliations, including family relationships, the Board of Directors has determined that there are no “independent directors” under the rules and regulations of the SEC.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES. 

The following table summarizes the fees of Victor Mokuolu, CPA, PLLC our independent registered public accounting firm billed for each of the last two fiscal years for audit services and other services:

Fee Category 2025  2024 Victor Mokuolu, CPA, PLLC $16,000   16,000 Tax Fees Paid to Elizabeth A Dunn CPA, PA (2) $3,000   - All Other Fees  -   -          Total Fees $19,000  $16,000 

(1)Consists of fees for professional services rendered in connection with the financial statements included in our Annual Report on Form 10-K and quarterly reports on Form 10-Q.  (2)Consists of fees relating to any tax compliance and tax planning.

The SEC requires that before our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related service, the engagement be either: (i) approved by our Audit Committee or (ii) entered into pursuant to pre-approval policies and procedures established by the Audit Committee, provided that the policies and procedures are detailed as to the particular service