Fuse Group dismisses Prager Metis as auditor; cites material weaknesses in internal controls

FUSE GROUP HOLDING INC.

Dismissed Prager Metis CPAs effective Jan 6, 2022; engaged Paris, Kreit & Chiu CPA LLP as new auditor.
Prager Metis reports for FY2020 and FY2019 included a going concern uncertainty but were otherwise unqualified.
Three material weaknesses: no audit committee, inadequate IT controls, insufficient accounting personnel with GAAP knowledge.
Material weaknesses in internal controls over financial reporting remain unremediated as of filing date.

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