other material
confidence high
sentiment negative
materiality 0.60
Marvion Inc. replaces auditor; prior audit flagged going concern with $51.8M deficit
Marvion Inc.
- Terminated Olayinka Oyebola & Co. as independent auditor effective March 21, 2025.
- Engaged Victor Mokuolu, CPA PLLC to audit FY2024 financials; no prior consultations.
- OO's 2023 report included going concern doubt due to $51,840,444 accumulated deficit and net loss.
- No disagreements or reportable events with OO during 2022 and 2023 fiscal years.