Madison Technologies dismisses auditor KRM, appoints BFB; prior reports flagged going concern

Madison Technologies Inc.

Dismissed K. R. Margetson Ltd. as independent auditor effective Feb 11, 2022; appointed BF Borgers CPA PC same date.
Audit reports for FY 2019 and FY 2020 contained going-concern explanatory paragraph but were unqualified.
No disagreements with KRM; management noted material weaknesses in internal controls for FY 2020 and Q1-Q3 2021.
Company has not consulted BFB before engagement on any accounting matters.

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