---
schema_version: "secwatch.filing_event.v1"
accession: "0001599916-24-000323"
form_type: "8-K"
ticker: null
cik: "0001367408"
company_name: "Sino American Oil Co"
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T21:35:05.701867+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sino American Oil dismisses BF Borgers as auditor; SEC barred Borgers from practice

## Summary
- Board dismissed BF Borgers CPA PC on May 3, 2024; SEC had barred Borgers from appearing or practicing before the Commission.
- Engaged Michael Gillespie & Associates, PLLC as new auditor on August 28, 2024.
- Prior audit reports included going concern qualification; no disagreements with Borgers.
- Material weaknesses in internal control over financial reporting had been identified and disclosed.

## SEC filing metadata
- accession: 0001599916-24-000323
- form_type: 8-K
- cik: 0001367408
- company_name: Sino American Oil Co
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1367408/000159991624000323/0001599916-24-000323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1367408/000159991624000323/sino8k_1225o.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001599916-24-000323
- JSON: https://secwatch.observer/filing/0001599916-24-000323.json
- Plain text: https://secwatch.observer/filing/0001599916-24-000323.txt

## Key facts
- Auditor Changes
  Sino American Oil Co dismissed BF Borgers CPA PC as its auditor.
  - Action: dismissal
  - Auditor: BF Borgers CPA PC
  source text: On May 3, 2024, the Board of Directors of Sino American Oil Co. (or the “Company”) approved the dismissal of BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367408/000159991624000323/0001599916-24-000323-index.htm
- Auditor Changes
  Sino American Oil Co engaged Michael Gillespie as & Associates, PLLC as its auditor.
  - Action: engagement
  - Auditor: Michael Gillespie as & Associates, PLLC
  source text: On August 28, 2024, the Board of Directors approved the engagement of Michael Gillespie as & Associates, PLLC (PCAOB ID: 6108) as the Company’s independent registered public accounting firm to review and/or audit any periods subsequent to September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367408/000159991624000323/0001599916-24-000323-index.htm

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