Item 4. Controls and Procedures
ITEM 4. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
The Company maintains disclosure controls
and procedures designed to ensure that information required to be disclosed in reports filed under the Securities Exchange Act
of 1934, is recorded, processed, summarized and reported within the specified time periods. For the last 3 fiscal years, these
control and procedures broke down due to insufficient capital to maintain such controls and procedures. Disclosure controls and
procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by
the Company in the reports that it files or submits under the Securities Exchange Act of 1934 is accumulated and communicated to
its management, including its principal executive and principal financial officers, or persons performing similar functions, as
appropriate to allow timely decisions regarding required disclosure. As of the end of the period covered by this report, the Company’s
management evaluated, with the participation of the Company’s Principal Executive Officer and Chief Financial Officer, the
effectiveness of the Company’s disclosure controls and procedures. Based on the evaluation, the Company’s Principal
Executive Officer and Chief Financial Officer concluded that these controls and procedures were ineffective as of the end of the
period covered by this report in ensuring that information requiring disclosure is recorded, processed, summarized and reported
within the time periods specified by the SEC’s rules and forms. The Company continues to remediate the findings contained
in our Annual Report on Form 10-K/A, for the fiscal year ended February 28, 2019, issued on October 24, 2019.
Changes in Internal Control over Financial Reporting
There have been no other changes in our
internal control over financial reporting during our fiscal quarter ended November 30, 2019, not previously identified in our Annual
Report on Form 10-K/A, for the fiscal year ended February 28, 2019 and issued on October 24, 2019 which have materially affected
or are reasonably likely to materially affect our internal control over financial reporting.
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PART II - OTHER INFORMATION
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