---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-011588"
form_type: "8-K"
ticker: "MDEX"
cik: "0001318268"
company_name: "Madison Technologies Inc."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:30:24.054722+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-22-011588
- form_type: 8-K
- ticker: MDEX
- cik: 0001318268
- company_name: Madison Technologies Inc.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318268/000149315222011588/0001493152-22-011588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318268/000149315222011588/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-011588
- JSON: https://secwatch.observer/filing/0001493152-22-011588.json
- Plain text: https://secwatch.observer/filing/0001493152-22-011588.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.