Item 4. Controls and Procedures
Item 4. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
Disclosure controls and procedures are designed
to ensure that information required to be disclosed by us in our Exchange Act reports 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 principal executive officer and principal financial officer or persons performing similar functions, as appropriate
to allow timely decisions regarding required disclosure.
Under the supervision and with the participation
of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of the effectiveness
of our disclosure controls and procedures as of August 31, 2026, as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange
Act. Based on this evaluation, our principal executive officer and principal financial officer have concluded that during the period covered
by this Report, our disclosure controls and procedures were not effective as of August 31, 2026, because of the identification of the
material weaknesses in our internal control over financial reporting relating to (1) inadequate segregation of duties within account processes
due to limited personnel, and (2) insufficient written policies and procedure for accounting, IT, financial reporting and record keeping.
In light of these material weaknesses, we performed additional analysis as deemed necessary to ensure that our financial statements were
prepared in accordance with U.S. GAAP. Accordingly, management believes that the financial statements included in this Report present
fairly in all material respects our financial position, results of operations and cash flows for the periods presented .
Changes in Internal Control over Financial
Reporting
There was no change in our internal control over
financial reporting that occurred during the fiscal quarter ended August 31, 2026 covered by this Quarterly Report on Form 10-Q that has
materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
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PART II - OTHER INFORMATION
Item 1. Legal Proceedings
None
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.