Controls and Procedures
−Removed: Disclosure Controls and Procedures
+Added: Controls and Procedures
Our management, with the participation of our
8 unchanged sentences
Based on this evaluation, our Chief Executive Officer and Chief Financial Officer
−Removed: concluded that, as of March 31, 2025, our disclosure controls and procedures were not effective due to a material weakness in our internal
+Added: concluded that, as of June 30, 2025, our disclosure controls and procedures were not effective due to a material weakness in our internal
control over financial reporting.
2 unchanged sentences
GAAP and SEC reporting requirements.
−Removed: We have taken, and are taking, certain
−Removed: actions to remediate the material weakness related to our lack of U.S.
+Added: We have taken, and are taking, certain actions
+Added: to remediate the material weakness related to our lack of U.S.
GAAP experience.
−Removed: We have engaged an outside consultant with
−Removed: GAAP knowledge and experience to supplement our current internal accounting personnel and assist us in the preparation of our
−Removed: financial statements to ensure that our financial statements are prepared in accordance with U.S.
−Removed: We also engaged an internal
−Removed: control consulting firm in July 2023 to review, test and improve our internal accounting controls and internal control over
−Removed: financial reporting which issued a report in early January 2024.
−Removed: We have adopted and are implementing policies, procedures and
−Removed: practices recommended in the report of the consultant and have arranged training of internal control for our employees and
−Removed: management on disclosure controls and procedures.
+Added: We have engaged an outside consultant with U.S.
+Added: GAAP knowledge
+Added: and experience to supplement our current internal accounting personnel and assist us in the preparation of our financial statements to
+Added: ensure that our financial statements are prepared in accordance with U.S.
+Added: We have adopted and are continuously implementing policies,
+Added: procedures and practices recommended in the report of the consultant and have arranged training of internal control for our employees
+Added: and management on disclosure controls and procedures.
We believe the measures described above will remediate the material weakness
from the quarter identified above.
−Removed: The Company continues to make efforts to implement its existing and newly adopted procedures to
+Added: The Company continues to make efforts to implementing its existing and newly adopted procedures to
improve our disclosure controls and internal controls over financing reporting.
−Removed: As we continue to evaluate and work to improve our
−Removed: internal control over financial reporting, we may determine that additional measures.
−Removed: Changes to Internal Control over Financial
+Added: As we continue to evaluate and work to improve our internal
+Added: control over financial reporting, we may determine that additional measures.
+Added: to Internal Control over Financial Reporting
Other than discussed above, there were no changes
4 unchanged sentences
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.