What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2023-03-16 compared with 2022-12-14 · 21 added, 21 removed, 7 unchanged (86% of the section changed)

1 unchanged sentence

of Disclosure Controls and Procedures

maintain “disclosure controls and procedures,” as defined in Rule 13a-15(e) and Rule 15d-15(e) under the Exchange Act that

are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange

Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms.

controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed

by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our management, including

our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

maintain “disclosure controls and procedures,” as defined in Rule 13a-15(e) and Rule 15d-15(e) under the Exchange Act

that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the

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

Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required

to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our

management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding

required disclosure.

management, with the participation of our principal executive officer and principal accounting and financial officer, has evaluated the

1 unchanged sentence

end of the period covered by this Quarterly Report on Form 10-Q.

Our management recognizes that

any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives

and our management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

Based on such evaluation, our principal executive officer and principal accounting and financial officer have concluded that as

of October 31, 2022, our disclosure controls and procedures were not effective as a result of material weaknesses in our internal control

over financial reporting.

We are implementing plans to improve these material weaknesses, including implementation of independent review and

approval of transactions and reconciliations in certain processes through hiring additional personnel and segregating duties amongst our

We are instituting processes to document and retain evidence to support reviews and reconciliations.

Our management recognizes that any controls and procedures, no matter

how well designed and operated, can provide only reasonable assurance of achieving their objectives and our management necessarily applies

its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

Based on such evaluation, our principal

executive officer and principal accounting and financial officer have concluded that as of January 31, 2023, our disclosure controls

and procedures were not effective as a result of material weaknesses in our internal control over financial reporting.

We continue to

implement plans that are improving these material weaknesses, including implementation of independent review and approval of transactions

and reconciliations in certain processes through hiring additional personnel and segregating duties amongst our team.

We are instituting

processes to document and retain evidence to support reviews and reconciliations.

in Internal Control over Financial Reporting

have not been material changes in our internal control over financial reporting during the quarter ended October 31, 2022, that have

materially affected, or are reasonably likely to materially affect, our internal control over financial reporting, except for our remediation efforts described above.

have not been material changes in our internal control over financial reporting during the quarter ended January 31, 2023, that have

materially affected, or are reasonably likely to materially affect, our internal control over financial reporting, except for our remediation

efforts described above.

II - OTHER INFORMATION

Legal Proceedings.

Risk Factors.

of the date of this Quarterly Report on Form 10-Q, there have been no material changes from the risk factors previously disclosed in

our Annual Report for the year ended July 31, 2022.

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