Item 4. Controls and Procedures
Item
4. Controls and Procedures .
(a)
Evaluation of Disclosure Controls and Procedures
Pursuant
to Rule 13a-15(b) under the Exchange Act, the Company carried out an evaluation, with the participation of the Company’s management,
including the Company’s Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”), of
the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act)
as of the end of the period covered by this report. Based upon that evaluation, the Company’s PEO and PFO concluded that the Company’s
disclosure controls and procedures were not effective to ensure that information required to be disclosed by the Company in the reports
that the Company 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, and that such information is accumulated and communicated to the Company’s management, including
the Company’s PEO and PFO, as appropriate, to allow timely decisions regarding required disclosure.
(b)
Changes in Internal Control over Financial Reporting
There
were no changes in our internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act,
during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.
The
Company is committed to improving financial organization. As part of this commitment, management and the Board perform reviews of the
Company’s policies and procedures as they relate to financial reporting in an effort to mitigate future risks of potential misstatements.
The Company will continue to focus on developing and documenting internal controls and procedures surrounding the financial reporting
process, primarily through the use of account reconciliations, and supervision.
PART
II - OTHER INFORMATION
ITEM 1.
LEGAL PROCEEDINGS
None.
Item 1A.
Risk Factors
Not
required of a smaller reporting company.
Item 2.
Unregistered
Sales of Equity Securities and Use of Proceeds
As
of March 31, 2022, the Company did not issue any unregistered securities.
Item 3.
Defaults
upon Senior Securities
None.
Item 4:
Mine Safety
Disclosures
Not
applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.