What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2022-12-12 compared with 2022-09-13 · 48 added, 42 removed, 21 unchanged (81% of the section changed)

CONTROLS AND PROCEDURES

Evaluation of Disclosure

Controls and Procedures

have established disclosure controls and procedures designed to ensure that information required to be disclosed in the reports that we

file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in SEC rules

and forms and is accumulated and communicated to management, including the principal executive officer and principal financial officer,

to allow timely decisions regarding required disclosure.

principal executive officer and principal financial officer, with the assistance of other members of the Company’s management, have

evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as such term is defined in Rules 13a-15(e)

and 15d-15(e) under the Exchange Act) as of the end of the period covered by this quarterly report.

Based upon our evaluation, each of

our principal executive officer and principal financial officer has concluded that the Company’s internal control over financial

reporting was not effective as of the end of the period covered by this Quarterly Report on Form 10-Q because the Company has not yet

completed its remediation of the material weakness previously identified and disclosed in the Company’s Annual Report on Form 10-K

for the year ended April 30, 2022, the end of its most recent fiscal year.

Specifically,

management has identified the following material weaknesses:

Evaluation of Disclosure Controls

and Procedures

We have established

disclosure controls and procedures designed to ensure that information required to be disclosed in the reports that we file or submit

under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in SEC rules and forms and is

accumulated and communicated to management, including the principal executive officer and principal financial officer, to allow timely

decisions regarding required disclosure.

Our principal executive

officer and principal financial officer, with the assistance of other members of the Company’s management, have evaluated the effectiveness

of the design and operation of our disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under

the Exchange Act) as of the end of the period covered by this quarterly report.

Based upon our evaluation, each of our principal executive

officer and principal financial officer has concluded that the Company’s internal control over financial reporting was not effective

as of the end of the period covered by this Quarterly Report on Form 10-Q because the Company has not yet completed its remediation of

the material weakness previously identified and disclosed in the Company’s Annual Report on Form 10-K for the year ended April 30,

2022, the end of its most recent fiscal year.

Specifically, management

has identified the following material weaknesses:

we do not have sufficient resources in our accounting function, which

7 unchanged sentences

affecting our processes .

material weakness is a control deficiency or combination of control deficiencies that result in more than a remote likelihood that a material

misstatement of the annual or interim financial statements will not be prevented or detected.

A material weakness

is a control deficiency or combination of control deficiencies that result in more than a remote likelihood that a material misstatement

of the annual or interim financial statements will not be prevented or detected.

Planned Remediation

are implementing measures designed to improve our internal control over financial reporting to remediate material weaknesses, including

the following:

We are implementing

measures designed to improve our internal control over financial reporting to remediate material weaknesses, including the following:

· Formalizing our internal control documentation and strengthening supervisory reviews by our management;

· Adding additional accounting personnel and segregating duties amongst accounting personnel.

continues to work to improve its controls related to our material weaknesses, specifically relating to user access and change management

surrounding our information technology systems and applications.

Management will continue to implement measures to remediate material

weaknesses, such that these controls are designed, implemented, and operating effectively.

Management continues

to work to improve its controls related to our material weaknesses, specifically relating to user access and change management surrounding

our information technology systems and applications.

Management will continue to implement measures to remediate material weaknesses,

such that these controls are designed, implemented, and operating effectively.

The remediation actions include:

(i) enhancing

design and documentation related to both user access and change management processes and control activities;

(i) enhancing design and

documentation related to both user access and change management processes and control activities;

and (ii) developing and communicating

3 unchanged sentences

ongoing basis:

· Engaging a third-party specialist to assist management with

improving the Company’s overall control environment, focusing on change management and access controls;

· Implementing new applications and systems that are aligned

with management’s focus on creating strong internal controls.

are currently working to improve and simplify our internal processes and implement enhanced controls, as discussed above, to address the

material weaknesses in our internal control over financial reporting and to remedy the ineffectiveness of our disclosure controls and

These material weaknesses will not be considered to be remediated until the applicable remediated controls are operating for

a sufficient period of time and management has concluded, through testing, that these controls are operating effectively.

Despite the existence of these material weaknesses, we believe that

the condensed financial statements included in the period covered by this Quarterly Report on Form 10-Q fairly present, in all material

respects, our financial condition, results of operations and cash flows for the periods presented in conformity with U.S.

generally accepted

accounting principles.

· Engaging a third-party specialist to assist management with improving the Company’s overall control

environment, focusing on change management and access controls;

· Implementing new applications and systems that are aligned with management’s focus on creating strong

internal controls.

We are currently

working to improve and simplify our internal processes and implement enhanced controls, as discussed above, to address the material weaknesses

in our internal control over financial reporting and to remedy the ineffectiveness of our disclosure controls and procedures.

These material

weaknesses will not be considered to be remediated until the applicable remediated controls are operating for a sufficient period of time

and management has concluded, through testing, that these controls are operating effectively.

Despite the existence

of these material weaknesses, we believe that the condensed financial statements included in the period covered by this Quarterly Report

on Form 10-Q fairly present, in all material respects, our financial condition, results of operations and cash flows for the periods presented

in conformity with U.S.

generally accepted accounting principles.

Changes in Internal Control

Except as detailed above,

during the quarter ended July 31, 2022, there was no change in our internal control over financial reporting that materially affected,

or is reasonably likely to materially affect, our internal control over financial reporting.

Except as detailed above, during the six

months ended October 31, 2022, there was no change in our internal control over financial reporting that materially affected, or is reasonably

likely to materially affect, our internal control over financial reporting.

PART II — OTHER INFORMATION

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 4. Controls and Procedures