---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022722"
form_type: "8-K"
ticker: null
cik: "0001593549"
company_name: "Livento Group, Inc."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:32:01.935047+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Livento Group says 2021 and 2022 financial statements no longer reliable due to cash flow accounting errors

## Summary
- Board determined Dec 31, 2021 and 2022 financials in 10-K should no longer be relied upon.
- Issue: cash flow statements revised to show only cash movements; non-cash transactions moved to narrative.
- Management believes misstatements had no impact on revenues or EBITDA for 2021-2023 periods.
- Amended 10-K filed; auditors Olayinka Oyebola & Co consulted.
- SEC comment letter triggered the review; company is cooperating.

## SEC filing metadata
- accession: 0001493152-23-022722
- form_type: 8-K
- cik: 0001593549
- company_name: Livento Group, Inc.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593549/000149315223022722/0001493152-23-022722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593549/000149315223022722/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022722
- JSON: https://secwatch.observer/filing/0001493152-23-022722.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022722.txt

## Key facts
- Auditor Changes
  Livento Group, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Olayinka Oyebola & Co
  source text: On June 22, 2023, the Board of Directors of Livento Group, Inc., a Nevada corporation (the “Company”), in conjunction with the SEC Comment Letter: Livento Group, Inc. 10-K/A, the Board, and the Company’s auditors, Olayinka Oyebola & Co, determined that the Company’s December 31, 2021 and December 31, 2022 financial statements in the Company’s previously filled Annual Report on Form 10-K (collectively, the “2022 Relevant Periods”), should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593549/000149315223022722/0001493152-23-022722-index.htm

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