Commercial Credit Report for Appsoft Technologies Inc

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	Appsoft Technologies Inc
1225 Franklin Ave Ste 325
Phone: (516) 224-7717p:516 224-7717	GARDEN CITY, NY 11530-1693 United States	Ticker: ASFTASFT

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

AppSoft Technologies, Inc. develops, publishes, and markets mobile software applications for smartphones and tablet devices (Apps) and owns and operates Esportsreporter.com, a news channel for esports enthusiasts. The Company’s Apps titles include games designed to appeal to a broad cross section of consumers. It offers all of its game titles in both a free advertisement-supported version and a paid version that does not display advertisements. Esportsreporter.com publishes the relevant breaking news for esports and gaming, including coverage of industry trends and guides on the business of esports and gaming for investors and aspiring esports and gaming professionals. It markets, sells and distributes its games through Apple’s App Store, a direct-to-consumer digital storefront. It owns a portfolio comprising over 200 Apps titles, including games designed to appeal to a broad spectrum of consumers. Consumers download its Apps through the Apple App Store.

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
9/30/2024	12/31/2023	Yes	Yes	-	-	-

Industries

SIC Code	Description
7372	Prepackaged software

General Information

Outstanding Shares:	4,145,103	(As of 11/15/2024)
Shareholders:	56
Stock Exchange:	OTC
Federal Tax Id:	473427919

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