Bubblr Inc. Announces Change of Independent Registered Public Accounting Firm
Sheridan, WY – June 23, 2026 – Bubblr Inc. (the “Company”) has announced a significant corporate development that investors and shareholders should be aware of. The Company has filed a Form 8-K disclosing a change in its independent registered public accounting firm, a move that may have implications for shareholder value and investor confidence.
Key Points from the Report
- Change of Auditor: Bubblr Inc. has dismissed BCRG Group (“BCRG”) as its independent registered public accounting firm. Simultaneously, the Board of Directors approved the engagement of S&E as the Company’s new independent registered public accounting firm. All services previously provided by BCRG will now be performed by S&E.
- Auditor Opinion and Going Concern: The audit reports issued by BCRG for the fiscal years ended December 31, 2025, and 2024, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles. However, the reports did include an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern. This language signals ongoing financial risks that shareholders must consider.
- No Disagreements or Reportable Events: During the fiscal years ended December 31, 2025, and 2024, and subsequent interim periods through the filing date, there were no disagreements between the Company and BCRG on accounting principles, practices, financial statement disclosures, or auditing procedures. Also, there were no reportable events except for previously disclosed material weaknesses in the Company’s internal control over financial reporting.
- No Prior Consultations with New Auditor: Before engaging S&E, neither Bubblr Inc. nor anyone acting on its behalf consulted with S&E regarding accounting principles or the type of audit opinion that might be rendered, nor were there any discussions of reportable events or disagreements as defined by SEC regulations.
- SEC Confirmation Letter: The Company has requested that BCRG provide a letter to the Securities and Exchange Commission (SEC) stating whether it agrees with the statements made in the 8-K. BCRG confirmed its agreement with the statements concerning its tenure with the Company but did not comment on other statements within the 8-K. This letter is filed as Exhibit 16.1 to the Form 8-K.
- Emerging Growth Company: Bubblr Inc. has also indicated that it qualifies as an “emerging growth company” as per SEC definitions.
Potentially Price-Sensitive Information
- Change in Registered Public Accounting Firm: A change in independent auditors can be a material event, as it may reflect changes in the Company’s financial reporting, governance, or financial condition. While no disagreements were reported, investors often scrutinize such changes for underlying issues or for signals about the Company’s future direction.
- Going Concern Warning: The inclusion of a “going concern” explanatory paragraph in BCRG’s audit reports for both 2025 and 2024 is particularly noteworthy. This means BCRG had substantial doubt about the Company’s ability to continue operating without significant changes or improvement in its financial condition. Shareholders should be aware that this language, while not a qualification of the financial statements, points to significant risks regarding liquidity, operational continuity, and solvency.
- Internal Control Weaknesses: The Company has previously disclosed material weaknesses in internal controls over financial reporting. While no new issues are reported, the existence of such weaknesses may impact the reliability of financial reporting and could be a concern for investors.
Details for Shareholders
- Company Details: Bubblr Inc., incorporated in Wyoming, is engaged in the computer programming and data processing services sector. Its main office is located at 30 N. Gould Street, Suite R, Sheridan, WY 82801.
- Filing Data: The Form 8-K was filed with the SEC on June 24, 2026, reporting events as of June 23, 2026.
- Signatory: The report was signed by David Chetwood, Chief Financial Officer of Bubblr Inc.
Summary Table
| Key Event | Details |
|---|---|
| Auditor Dismissed | BCRG Group |
| New Auditor Appointed | S&E |
| Going Concern Language | Substantial doubt about ability to continue as a going concern (2024 & 2025) |
| Material Weaknesses | Previously disclosed in Form 10-K for 2025 |
| Emerging Growth Company | Yes |
Investor Takeaway
The change in auditor, coupled with the going concern warning and the existence of material weaknesses in internal controls, are significant events. While the Company reports no disagreements with its outgoing auditor and the new auditor has not been consulted on past issues, the ongoing financial risks should be carefully weighed by investors. Such developments can impact investor sentiment and potentially move the share price. Investors should monitor future filings for updates on the Company’s financial health and the outcome of the new auditor’s first review.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are urged to review the full SEC filings and consult their financial advisors before making any investment decisions. The author and publisher take no responsibility for actions taken based on this article.
