secwatch.observer — SEC 8-K summary
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Issuer:     Madison Technologies Inc. (MDEX)
CIK:        0001318268
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001493152-22-011588
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318268/000149315222011588/0001493152-22-011588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318268/000149315222011588/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-011588

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