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Focus Universal Inc
2311 East Locust Street
Phone: (917) 830-6517p:917 830-6517 ONTARIO, CA  91761  United States Ticker: FCUVFCUV
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
Focus Universal Inc. is a provider of patented hardware and software design technologies for Internet of Things (IoT) and fifth generation (5G). The Company has developed five disruptive patented technology platforms to solve the major problems facing hardware and software design and production within the industry. Perfecular, AVX, doing business as Smart AVX and Lusher jointly operate the IoT Products segment, which involves the wholesale, marketing, and production of its universal smart instruments and devices in the hydroponic and controlled agriculture segments and of its smart instruments into the commercial and home automation sectors. AVX (exclusive of the smart IoT Products sales under Smart AVX) and AT Tech Systems run its IoT Installation Services segment, which handles its IoT installation and management business, specializing in high performance and easy to use audio/video systems, home theaters, lighting control, automation, and integration.

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
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
7372 Prepackaged software
5063 Electrical apparatus and equipment, wiring supplies, and construction
8731 Commercial physical and biological research

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board EdwardLee 61 11/15/2019 10/21/2015
Chief Executive Officer, Secretary, Director DeshengWang 60 12/29/2014 12/29/2014
Chief Financial Officer IrvingKau 50 11/18/2022 11/10/2021
3 additional Officers and Directors records available in full report.

Business Names
Business Name
AT Tech Systems, LLC
AVX Design and Integration, Inc.
FCUV
Lusher Bioscientific, LLC
Perfecular, Inc.

General Information
Number of Employees: 43 (As of 12/31/2023)
Outstanding Shares: 72,917,760 (As of 11/1/2024)
Shareholders: 361
Stock Exchange: NASD
Federal Tax Id: 463355876


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Wednesday, November 20, 2024