Item 4. Controls and Procedures
Item
4. Controls and Procedures
Disclosure
Controls and Procedures
Disclosure
controls are procedures that are designed with the objective of ensuring that information required to be disclosed in our reports filed
under the Exchange Act, such as this Form 10-Q, is recorded, processed, summarized and reported within the time periods specified in
the SEC’s rules and forms. Disclosure controls are also designed with the objective of ensuring that such information is accumulated
and communicated to our management, including the Principal Executive Officer and Principal Financial Officer, as appropriate to allow
timely decisions regarding required disclosure. Internal controls are procedures which are designed with the objective of providing reasonable
assurance that (1) our transactions are properly authorized, recorded and reported; and (2) our assets are safeguarded against unauthorized
or improper use, to permit the preparation of our condensed financial statements in conformity with GAAP.
In
connection with the preparation of this Form 10-Q, management, with the participation of our Principal Executive Officer and Principal
Financial Officer, has evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined
in Exchange Act Rule 13a-15(e) and 15d-15(e)). Based upon that evaluation, our Principal Executive and Financial Officer concluded that,
as of the end of the period covered by this Form 10-Q, our disclosure controls and procedures were effective.
Changes
in Internal Controls
There
have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph
(d) of Rule 13a-15 or 15d-15 under the Exchange Act that occurred during the quarter ended September 30, 2022 that has materially affected,
or is reasonably likely to materially affect, our internal control over financial reporting.
Limitations
of the Effectiveness of Control
A
control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of
the control system are met. Because of the inherent limitations of any control system, no evaluation of controls can provide absolute
assurance that all control issues, if any, within a company have been detected.
6
PART
II-OTHER INFORMATION
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.