Controls and Procedures
−Removed: The Company’s Chief Executive Officer
−Removed: and Chief Financial Officer have evaluated the effectiveness of the Company’s disclosure controls and procedures as of December
−Removed: The term “disclosure controls and procedures,”
−Removed: as defined in Rule 13a-15(e) under the Securities Exchange
−Removed: Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to
−Removed: ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is
−Removed: recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms.
−Removed: recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of
−Removed: achieving their objectives and management necessarily applies its judgment in evaluating the cost benefit relationship of possible
−Removed: controls and procedures.
−Removed: Based on its evaluation, management concluded as of September 30, 2019 that its disclosure controls and
−Removed: procedures were not effective because of material weaknesses in our internal control over financial reporting, described below
−Removed: in Management’s Report on Internal Control Over Financial Reporting.
−Removed: Notwithstanding the identified material weaknesses,
−Removed: management believes the financial statements included in this Annual Report on Form 10-K fairly represent in all material respects
−Removed: our financial condition, results of operations and cash flows at and for the periods presented in accordance with U.S.
+Added: As of the end of the period covered by
+Added: this report, our principal executive officer and principal financial officer, evaluated the effectiveness of our “disclosure
+Added: controls and procedures,”
+Added: as defined in Rule 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934.
+Added: that evaluation, we concluded that, as of the date of the evaluation, our disclosure controls and procedures were not effective
+Added: to provide reasonable assurance that information required to be disclosed in our periodic filings under the Securities Exchange
+Added: Act of 1934 is accumulated and communicated to management, including the officers, to allow timely decisions regarding required
+Added: It should be noted that a control system, no matter how well designed and operated, can provide only reasonable, not
+Added: absolute, assurance that it will detect or uncover failures within the Company to disclose material information otherwise required
+Added: to be set forth in the Company’s periodic reports.
+Added: During the period covered by this report,
+Added: there were no changes in our internal control over financial reporting that have materially affected, or are reasonably likely
+Added: to materially affect, the Company’s 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.