Paul Richard Taylor filed Amendment No. 1 to a Schedule 13D with the SEC on October 28, 2026, disclosing that he beneficially owns zero shares of Visium Technologies, Inc. common stock and withdrawing all ownership claims made in his original filing.

Key Highlights

  • Zero beneficial ownership: Paul Richard Taylor reported 0 shares and 0.0% of the class of Visium Technologies common stock, par value $0.0001 per share.
  • Securities never issued: According to the filing, the Series E Preferred Stock and staff options described in the original statement were never issued or granted to the Reporting Person.
  • Acquisition terminated: The proposed acquisition of ConnexUS AI Inc. was terminated on June 8, 2026, and no Series E Preferred Stock was issued in connection with it.
  • Resignation disclosed: Taylor resigned as Chairman, Chief Executive Officer, and a director of Visium Technologies on October 26, 2026, and according to the filing no longer holds any office or directorship with the issuer.
  • Original statement withdrawn: The filing states that Taylor "did not acquire beneficial ownership of the securities reported in the Original Statement, and that report is withdrawn."
  • No recent transactions: The Reporting Person disclosed that he has effected no transactions in the common stock during the past 60 days.

Taylor Corrects Prior Filing and Discloses Departure from Visium Technologies

Visium Technologies, Inc. is a technology company incorporated in the United States with principal executive offices located at 4094 Majestic Lane, Suite 360, Fairfax, Virginia 22033. Its common stock carries a par value of $0.0001 per share and is identified by CUSIP number 92836G309. The amendment filed by Taylor addresses ownership claims tied to the issuer's earlier-announced but ultimately abandoned corporate transaction.

According to the filing, Taylor served as Chairman of the Board and Chief Executive Officer of Visium Technologies from April 13, 2026 until his resignation on October 26, 2026. The original Schedule 13D, filed on April 24, 2026, had described a proposed acquisition of ConnexUS AI Inc. pursuant to a Letter of Intent dated March 29, 2026. That letter of intent terminated on June 8, 2026, which the filing identifies as the date of the event requiring this amendment. The filing states that the transactions described in the original statement "did not occur" and that no Series E Preferred Stock was issued.

Regarding other arrangements disclosed in the filing, Taylor's Chairman and CEO Agreement dated April 13, 2026, as amended and restated, had provided for stock options equal to 5% of the issuer's fully diluted shares; the filing states that "no options were granted or priced, and none is outstanding." Taylor also holds 100% of the membership interests of ARPRT LLC, but the filing states that no agreement of ARPRT LLC confers any interest in securities of the issuer. The filing further notes that Taylor holds a limited power of attorney solely to make EDGAR filings on behalf of PT Smart Green Technologies, and that this power "confers no proxy, voting power or investment power," with Taylor disclaiming beneficial ownership of any securities held by that entity. The filing lists no exhibits.

What Was Disclosed

Paul Richard Taylor, a citizen of the United Kingdom, filed this amendment to correct and withdraw his original Schedule 13D regarding Visium Technologies, Inc., reporting zero beneficial ownership, no completed securities transactions, and his resignation from all roles at the company as of October 26, 2026.