Visium CEO Taylor resigns after claiming FY2016-2026 financials unreliable; CFO Lucky named interim CEO

VISIUM TECHNOLOGIES, INC.

• Paul R. Taylor resigned Oct 26, 2026 as Chairman, CEO and director, citing disagreement over the Company's evaluation of previously issued financial statements.
• Taylor's officer's certificate to auditor Fruci & Associates II said audited FY2016-2026 and interim Dec 2015-Mar 2026 statements should no longer be relied upon.
• CFO Mark B. Lucky did not concur; the Board never authorized the certificate and has not concluded any statements need restating; a Special Committee is planned.
• Lucky, now sole director, became interim principal executive officer Oct 28, 2026 with no added pay; he is owed about $124,800 of salary on a $400,000 base.
• The Board rescinded a proposed 1-for-1,500 reverse split that would have eliminated ~489 of 553 registered holders; authorized shares remain 3,000,000,000.