What changed in this filing

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Item 4. Controls and Procedures

2021-08-16 compared with 2021-05-17 · 28 added, 31 removed, 3 unchanged (95% of the section changed)

Controls and Procedures

Disclosure Controls and Procedures

Our management,

with the participation of our Chief Executive Officer and Chief Financial Officer, our principal executive officer and principal

interim financial officer, respectively, evaluated the effectiveness of our disclosure controls and procedures as defined in Rules

13a-15(e) and 15d-15(e) under the Exchange Act, as of the end of the period covered by this report.

Disclosure controls and

procedures include, without limitation, controls and procedures designed to provide reasonable assurance that information we are

required to disclose in reports that we file or submit 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 our

management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding

required disclosure.

Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of March

31, 2021, our disclosure controls and procedures were not effective due to a material weakness in our internal control over

financial reporting.

Specifically, we currently lack sufficient accounting personnel with the appropriate level of knowledge,

experience and training in U.S.

GAAP and SEC reporting requirements.

We have taken, and are taking, certain actions

to remediate the material weakness related to our lack of U.S.

Controls and Procedures

management, with the participation of our Chief Executive Officer and Chief Financial Officer, our principal executive officer and principal

interim financial officer, respectively, evaluated the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15(e)

and 15d-15(e) under the Exchange Act, as of the end of the period covered by this report.

Disclosure controls and procedures include,

without limitation, controls and procedures designed to provide reasonable assurance that information we are required to disclose in

reports that we file or submit 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 our management, including our Chief

Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

Based on this

evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of June 30, 2021, our disclosure controls and

procedures were not effective due to a material weakness in our internal control over financial reporting.

Specifically, we currently

lack sufficient accounting personnel with the appropriate level of knowledge, experience and training in U.S.

GAAP and SEC reporting

requirements.

have taken, and are taking, certain actions to remediate the material weakness related to our lack of U.S.

GAAP experience.

We have engaged an outside consultant with U.S.

GAAP knowledge

and experience to supplement our current internal accounting personnel and assist us in the preparation of our financial statements to

ensure that our financial statements are prepared in accordance with U.S.

We believe the measures described above will remediate

the material weakness from the quarter identified above.

As we continue to evaluate and work to improve our internal control over financial

reporting, we may determine that additional measures.

Changes to Internal Control over Financial

Other than discussed above, there were no changes

in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that occurred during the period covered

by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

We have engaged

an outside consultant with U.S.

GAAP knowledge and experience to supplement our current internal accounting personnel and assist us in

the preparation of our financial statements to ensure that our financial statements are prepared in accordance with U.S.

the measures described above will remediate the material weakness from the quarter identified above.

As we continue to evaluate and work

to improve our internal control over financial reporting, we may determine that additional measures.

to Internal Control over Financial Reporting

than discussed above, there were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange

Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect,

our internal control over financial reporting.

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