What changed in this filing

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Item 4. Controls and Procedures

2021-02-12 compared with 2020-08-04 · 28 added, 43 removed, 1 unchanged (99% of the section changed)

and Procedures

Controls and Procedures

We carried out

an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange

Act Rules 13a-15(e) and 15d-15(e)) as of June 30, 2020.

This evaluation was carried out under the supervision and with the participation

of our Chief Executive Officer and our Chief Financial Officer.

Based upon that evaluation, our Chief Executive Officer and Chief

Financial Officer concluded that, as of June 30, 2020, our disclosure controls and procedures were not effective due to the presence

of material weaknesses in internal control over financial reporting.

material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there

is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not

be prevented or detected on a timely basis.

Management has identified material weaknesses in the design of internal control related

to the following areas:

(i) Lack of documentation around the components of internal control and inadequate risk assessment process

over the Company’s internal controls;

and (ii) Inadequate controls over information technology.

Plan to Address the Material Weaknesses in Internal Control over Financial Reporting

Management has implemented and continues

to implement measures designed to ensure that control deficiencies contributing to the material weakness are remediated, such that

these controls are designed, implemented, and operating effectively.

The remediation actions include:

(i) we intend to adopt a

different financial reporting software that has increased controls built into the system functionality by the end of the current

fiscal year, in the interim we plan to implement additional controls to mitigate existing controls risks inherent to our existing

accounting software;

(ii) additional controls to improve risk assessment procedures to ensure all risks have been addressed.

that these actions will remediate the material weaknesses, once management has performed its assessment of our internal controls

over financial reporting including the remedial measures described above.

The weakness will not be considered remediated, however,

until the applicable controls operate for a sufficient period of time and management has concluded, through testing, that these

controls are operating effectively.

We expect that the remediation of this material weakness will be completed prior to the end

of fiscal 2020.

Internal Control over Financial Reporting

than continuing with the remediation actions described above related to the material weakness in our internal controls, there

has been no change in our internal control over financial reporting during the quarter ended June 30, 2020 that have materially

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

II – OTHER INFORMATION

party to any pending legal proceeding which would have a material impact to the Company.

We are not aware of any pending legal

proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse

to us or have a material interest adverse to us.

We maintain disclosure controls and procedures

that are designed to ensure that information required to be disclosed in our periodic and current reports that we file with the

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

such information is accumulated and communicated to our management, including our principal executive officer and principal financial

officer, as appropriate, to allow timely decisions regarding required disclosure.

Limitation on Effectiveness of Controls

The design of any control system is based in

part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed

in achieving its stated goals.

The inherent limitations in any control system include the realities that judgments related to decision-making

can be faulty, and that reduced effectiveness in controls can occur because of simple errors or mistakes.

Due to the inherent limitations

in a cost-effective control system, misstatements due to error may occur and may not be detected.

Disclosure Controls and Procedures

We carried out an evaluation of the effectiveness

of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))

as of December 31, 2020.

This evaluation was carried out under the supervision and with the participation of our Chief Executive

Officer and our Chief Financial Officer.

Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded

that, as of December 31, 2020, our disclosure controls and procedures were not effective due to our recently acquired entity (i.e.,

ATL Data Centers LLC) in the process of adopting our internal controls and procedures.

in Internal Control over Financial Reporting

Other than remediation actions related

to a previous material weakness in our internal controls, there has been no change in our internal control over financial reporting

during the quarter ended December 31, 2020 that have materially affected, or are 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