other material
confidence high
sentiment negative
materiality 0.75
Rivulet Entertainment, Inc.: auditor change — AVOI dismisses auditor BF Borgers after SEC sanction; CFO resigns
Rivulet Entertainment, Inc.
- Effective May 6, 2024, dismissed BF Borgers CPA PC as auditor after SEC barred the firm from practicing before the SEC.
- No adverse opinions or disagreements existed for FY2022/2023 financials.
- CFO Chung Cam resigned on May 4, 2024; CEO Walter Geldenhuys assumed CFO duties.
- SEC's Order initiating proceedings against BF Borgers cited as reason for auditor change.