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Sunday, 05/05/2024 1:51:46 PM

Sunday, May 05, 2024 1:51:46 PM

Post# of 7085
BOPO’s audit firm has been suspended for screwing hundreds of otc companies by not completing audits and/or fabricating them …and in the case of BOPO outrageously increasing the audit fees..obviously bopo is looking for new auditing firm..and hopefully find soon with all these projects lining up.

“The SEC said the Lakewood, Colorado-based auditor lied to clients by saying its work complied with PCAOB standards, fabricated audit documents to make it seem that the work did comply with those standards, and falsely claims in audit reports included in more than 500 public company SEC filings that the firm's audits complied with such standards.”

https://www.cnbc.com/amp/2024/05/03/trump-media-auditor-charged-by-sec-with-massive-fraud-permanently-barred-from-public-company-audits.html

“About 84% of BF Borgers’s clients were traded over-the-counter, meaning they don’t meet the listing requirements of large exchanges. Less than 30 traded on either the Nasdaq or the New York Stock Exchange, according to Ideagen.
The PCAOB said that BF Borgers more than doubled its clients between 2019 and 2021. But the company didn’t add more staff to handle the additional workload, the PCAOB said in an expanded inspection report, noting that just one person was responsible for 147 audits.”

https://fortune.com/2024/04/08/donald-trump-media-accounting-firm-bf-borgers-audit-deficiency-truth-social/