Michael Chermak
On January 23, 2023, Michael Chermak notified Cytta Corp (“CYTTA” or the Company) that he has resigned from all positions with the Company to pursue other interests and has no disagreements with management.
Highest-materiality recent filing
Cytta Corp. restates Dec 2024 financials; revenue overstated by $37K from unverified sales orders
Board concludes Dec 31, 2024 interim financials unreliable due to revenue recognition error.
Cytta Corp. to restate Dec 2024 10-Q revenue by $36,967 due to recognition error
Error of $36,976 in revenue recognition discovered by new auditors Sadler Gibb on July 7, 2025; restatement reduces revenue by $36,967.
Cytta dismisses auditor Prager Metis over disputed fraudulent sales orders; appoints Sadler Gibb
Board dismissed Prager Metis CPAs on May 19, 2025 after it required an independent forensic review of third-party consultant sales orders recorded in Dec 31, 2024 quarterly.
Cytta Corp terminates agreement with Michael Elliott after fraudulent sales orders
Michael Elliott provided 33 fraudulent Law Enforcement Sales Orders using AI-generated fake confirmations.
Cytta Corp. raises $2.96M via Series F Preferred Stock, trading approved on OTCQB
Sold 59.27M Series F Preferred shares at $0.05/share for total proceeds of $2,963,500.
On January 23, 2023, Michael Chermak notified Cytta Corp (“CYTTA” or the Company) that he has resigned from all positions with the Company to pursue other interests and has no disagreements with management.
Max materiality 0.90 · Median 0.57 · Most common event other_material