other
confidence high
sentiment negative
materiality 0.60
Truleum dismisses BF Borgers as auditor after SEC sanctions the firm
TRULEUM, INC.
- Auditor BF Borgers CPA PC dismissed on May 10, 2024; no disagreements or reportable events in prior years.
- BF Borgers is not currently permitted to appear before the SEC following a Rule 102(e) order dated May 3, 2024.
- Company expects to engage a new independent registered public accounting firm quickly.
- BF Borgers' prior reports contained a going-concern explanatory paragraph but no adverse opinion.