---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018585"
form_type: "8-K"
ticker: null
cik: "0000356590"
company_name: "GLOBAL TECH INDUSTRIES GROUP, INC."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:19:58.884983+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SEC permanently bars BF Borgers; Global Tech appoints Fortune CPA as new auditor

## Summary
- SEC order permanently barred BF Borgers CPA PC and its partner from practicing before the Commission as of May 3, 2024.
- BF Borgers can no longer serve as Global Tech's independent auditor; prior 2023 report had going-concern qualification.
- On May 7, 2024, Global Tech engaged Fortune CPA, Inc as new independent registered public accounting firm for FY2024.
- No disagreements or reportable events between company and BF Borgers during fiscal 2023 and subsequent interim period.
- Company did not consult Fortune prior to engagement regarding accounting or auditing matters.

## SEC filing metadata
- accession: 0001493152-24-018585
- form_type: 8-K
- cik: 0000356590
- company_name: GLOBAL TECH INDUSTRIES GROUP, INC.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356590/000149315224018585/0001493152-24-018585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356590/000149315224018585/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018585
- JSON: https://secwatch.observer/filing/0001493152-24-018585.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018585.txt

## Key facts
- Auditor Changes
  GLOBAL TECH INDUSTRIES GROUP, INC. engaged Fortune CPA, Inc as its auditor.
  - Action: engagement
  - Auditor: Fortune CPA, Inc
  source text: In light of such termination, on May 7, 2024, the Company engaged Fortune CPA, Inc (“Fortune”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 and the upcoming interim periods.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356590/000149315224018585/0001493152-24-018585-index.htm

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