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Madison Technologies dismisses auditor BF Borgers after SEC ban; appoints SRCO
Dismissed BF Borgers CPA, PC effective May 20, 2024, after SEC settled charges and permanently banned Borgers from practicing.
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Madison Tech shareholders remove all directors, appoint Thomas Amon as sole director and all officer roles
Shareholders removed all directors and appointed Thomas Amon as sole board member effective Nov 6, 2023.
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Madison Technologies amends Top Dog acquisition: 25M shares, $3.5M EBITDA milestone by 2024
Purchase price set at 25,000,000 shares of common stock, subject to adjustment for stock splits.
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Madison Technologies dismisses auditor KRM, appoints BFB; prior reports flagged going concern
Dismissed K. R. Margetson Ltd. as independent auditor effective Feb 11, 2022; appointed BF Borgers CPA PC same date.
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Amendment extends deal termination deadline for Top Dog acquisition by 30 days
Amendment dated Dec 19, 2021 extends termination period from 60 to 90 days after Oct 20, 2021 stock acquisition agreement.
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Madison Technologies agrees to acquire Top Dog Productions for $10M in stock with revenue earnouts
Purchase price $10M payable in common shares; share count collared between 16.7M and 25.0M based on $0.40-$0.60 stock price.
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Madison Technologies enters $2M secured loan agreement with Top Dog Productions; supports planned acquisition
Loan commitment up to $2,000,000 at 5% interest; matures September 9, 2022.
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Madison Tech sub to acquire Phoenix low-power TV station KPHE-LD for $2M cash
Subsidiary Sovryn Holdings buys KPHE-LD (Phoenix) from Lotus TV of Phoenix LLC.