Replies to post #31745 on Xeriant Inc (XERI)

[bluechipjohn]

Too many secrets! I don't think we'll ever know the whole story. Transparency is what's needed with all these pink sheets.

[StockItOut]

The way you make it up is comical.

[quester614]

I see that the SEC is requiring XTI to file Financials for 2022 & 2023. I see that The audited consolidated financial statements of Legacy XTI for the fiscal year ended December 31, 2022 (the “2022 Audited Financial Statements”) were audited by BF Borgers CPA, PC (“Borgers”).

It looks like XTI started using Borgers around the time when the JV started with XERI. While XERI started using them in 2019. Seems very coincidental to me.
What are the odds that 2 companies that form a JV and talks of merger have the same CPA . Why did XERI let their CPA go that they had used from the start. Only to dismiss them when this audit occurred?? Yet XTIA kept them in order to complete financials for the SEC audit. XERI had used the same one for their audits since 2020-2023. Just the kind of things that me go HUMMMMMMMMM
I'm sure the replacement was planned and didn't have anything to do with the SEC. LOLOLOL


BF Borgers CPA PC
We have served as the Company's auditor since 2021
Lakewood, CO July 7, 2022
https://www.sec.gov/Archives/edgar/data/1638850/000110465922077932/tm2213173d1_partii.htm

/s/ BF Borgers CPA PC
BF Borgers CPA PC
Served as Auditor since 2019
Lakewood, CO September 30, 2020
https://www.sec.gov/Archives/edgar/data/1481504/000147793220005677/banj_10k.htm



8-K CURRENT REPORT August 28, 2023
XERIANT, INC.
(a) Dismissal of Registered Public Accounting Firm
Effective August 28, 2023, the Company dismissed BF Borgers CPA PC (“Borgers”) as the Company’s independent registered public accounting firm. The decision to dismiss Borgers was approved by the Company’s Board of Directors.

Effective August 28, 2023, the Company engaged Accell Audit & Compliance, PA (“Accell”), as the Company’s new independent registered public accounting firm. The engagement was approved by the Company’s board of directors.

During the two most recent fiscal years ended June 30, 2021 and 2022, and through the subsequent interim period preceding the Company’s appointment of Accell, neither the Company nor anyone on its behalf, consulted Accell regarding either (i) the application of accounting principles to any specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Company’s financial statements, and no written report or oral advice was provided to the Company by Accell that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (iii) any matter that was either the subject of a disagreement (as defined in Item 304(o)(1)(iv)) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).
https://www.sec.gov/Archives/edgar/data/1481504/000147793223006565/xeri_8k.htm