5 unchanged sentences
Chief Executive Officer and our Chief Financial Officer have concluded that our disclosure controls and procedures were not effective
−Removed: to ensure that the information relating to our company, required to be disclosed in our Securities and Exchange Commission (“SEC”)
−Removed: reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated
−Removed: and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding
−Removed: required disclosure as a result of material weaknesses in our internal control over financial reporting result from limited segregation
−Removed: of duties and limited multiple levels of review in the financial close process, along with a lack of well-established policies and procedures
−Removed: to identify, approve, and report related party transactions.
−Removed: The continuing weakness resulted in our management’s
−Removed: failure to account for 5,000,000 options to purchase shares of our common stock granted to a consultant with a fair value of approximately
−Removed: $230,000 during the period ended March 31, 2023.
+Added: to ensure that the information relating to our company and required to be disclosed in our SEC reports is (i) recorded, processed, summarized,
+Added: and reported within the time periods specified in SEC rules and forms, and (ii) accumulated and communicated to our management, including
+Added: our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosures as a result of material
+Added: weaknesses in our internal control over financial reporting resulting from limited segregation of duties and limited multiple levels of
+Added: review in the financial close process, along with a lack of well-established policies and procedures to identify, approve, and report
+Added: related party transactions.
We will continue to monitor our internal control
9 unchanged sentences
PART II – OTHER INFORMATION
+Added: LEGAL PROCEEDINGS
+Added: From time to time, the Company may become a party
+Added: to legal actions or proceedings in the ordinary course of its business.
+Added: At March 31, 2025, there were no such actions or proceedings,
+Added: either individually or in the aggregate, that, if decided adversely to the Company’s interests, the Company believes would be material
+Added: to its operation or cash flow.
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.