1 unchanged sentence
of Disclosure Controls and Procedures
−Removed: conducted an evaluation, with the participation of our Chief Executive Officer, who is also our Chief Financial Officer, of the effectiveness
−Removed: of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange
−Removed: Act, as of March 31, 2021 to ensure that information required to be disclosed by us in the reports filed or submitted by us under the
−Removed: Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission’s
+Added: conducted an evaluation, with the participation of our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the
+Added: design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as
+Added: of June 30, 2021 to ensure that information required to be disclosed by us in the reports filed or submitted by us under the Exchange
+Added: Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission’s
rules and forms, including to ensure that information required to be disclosed by us in the reports filed or submitted by us under the
2 unchanged sentences
Based on that evaluation,
−Removed: our Chief Executive Officer concluded that as of March 31, 2021, our disclosure controls and procedures were not effective at the reasonable
−Removed: assurance level due to the following material weaknesses in our internal control over financial reporting:
+Added: our Chief Executive Officer and Chief Financial Officer concluded that as of June 30, 2021, our disclosure controls and procedures were
+Added: not effective at the reasonable assurance level due to the following material weakness in our internal control over financial reporting:
to our small number of employees, we have limited segregation of duties, as a result of which there is insufficient independent review
of duties performed.
−Removed: a result of the limited number of accounting personnel, we rely on outside consultants for the preparation of our financial reports,
−Removed: including financial statements and management’s discussion and analysis, which could lead to overlooking items requiring disclosure.
−Removed: are actively seeking to hire a full time Chief Financial Officer and remediate each of the weaknesses in our disclosure controls
−Removed: and internal control over financial reporting.
+Added: On June 28, 2021, near
+Added: the end of our most recently completed fiscal quarter, we hired a full-time Chief Financial Officer.
+Added: Since then, our new Chief Financial
+Added: Officer has been implementing controls to provide segregation of duties and other controls to remediate our disclosure controls and internal
+Added: control over financial reporting.
+Added: We believe that our implementation of the remediation plan has removed the material weakness and that
+Added: our disclosure controls and procedures are now effective.
in Internal Control over Financial Reporting
6 unchanged sentences
applicable to smaller reporting companies.
−Removed: 2 Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: 3 Defaults Upon Senior Securities
−Removed: 4 Mine Safety Disclosures
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.