regulatory
confidence high
sentiment neutral
materiality 0.50
Vystar dismisses BF Borgers as auditor after SEC permanent ban; re-engages MGO
Vystar Corp
- BF Borgers, engaged Feb 20, 2024, dismissed May 3, 2024 after SEC permanently barred it and its partner from accounting practice.
- BF Borgers provided no services; engagement and dismissal had no effect on financial statements.
- MGO (Marcias Gini & O'Connell) re-engaged as auditor effective June 4, 2024; no disagreements or reportable events in prior tenure.
- MGO had previously resigned Dec 6, 2023 and was the company's auditor for the two most recent fiscal years.