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Droneify Holdings Ltd
103-482 SOUTH SERVICE ROAD EAST
Phone: (647) 977-9101p:647 977-9101 OAKVILLE, ON  L6J 2X6  Canada
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
Business Summary
Droneify Holdings Limited is a Canada-based development stage technology company. The Company is focused on designing, developing, and deploying drone-enabled solutions and technology for the purposes of capturing, analyzing, and reporting on data to assist customers in a variety of industries, allowing them to improve decision-making and reduce operational risks and costs. The Company operates through three business operations: Drone Solutions, Data Analytics, and Drone Hardware. The Company's Drone Solutions division provides drone services, such as inspections, surveying, and marketing work to customers across a wide range of industries. The Company's Drone Analytics division offers software tools for customers and drone market participants to source job opportunities, purchase hardware, analyze, manage, or store data. The Company's Drone Hardware division develops advanced drone hardware solutions for use in the military and heavy industry applications.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202212/31/2021YesYes---

Industries
SIC Code Description
7372 Prepackaged software
3721 Aircraft
7371 Computer programming services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director AdamSax 37
Chief Financial Officer Scott J.Silverman 54 1/1/2023 1/1/2023
Chief Operating Officer TomHanson 34
Director Stuart W.Henderson 60
Director Ian M.Hull 49

Business Names
Business Name
DRFY
Droneify Holdings Ltd

General Information
Number of Employees: 2 (As of 6/30/2022)
Stock Exchange: NASD


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Friday, May 10, 2024