secwatch.observer — SEC 8-K summary
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Issuer:     VISIUM TECHNOLOGIES, INC. (VISM)
CIK:        0001082733
Form:       8-K
Filed at:   2026-10-30T21:24:42+00:00
Accession:  0001654954-26-009305
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 5.02, 8.01, 4.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Visium CEO Taylor resigns after claiming FY2016-2026 financials unreliable; CFO Lucky named interim CEO
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- 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- The Board rescinded a proposed 1-for-1,500 reverse split that would have eliminated ~489 of 553 registered holders; authorized shares remain 3,000,000,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426009305/0001654954-26-009305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426009305/vism_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-009305

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