What changed in this filing

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Item 4. Controls and Procedures

2023-03-07 compared with 2022-05-13 · 24 added, 41 removed, 4 unchanged (94% of the section changed)

1 unchanged sentence

Evaluation of Disclosure Controls and Procedures

Our Principal Executive Officer

and Chief Financial Officer (the “Certifying Officers”) are responsible for establishing and maintaining disclosure controls

and procedures for the Company.

The Certifying Officers have designed such disclosure controls and procedures to ensure that material

information is made known to them, particularly during the period in which this Report was prepared.

The Certifying Officers are responsible

for establishing and maintaining adequate internal control over financial reporting for the Company and used the “Internal Control

over Financial Reporting Integrated Framework” issued by the Committee of Sponsoring Organizations (“COSO”) to conduct

an extensive review of the Company’s “disclosure controls and procedures” (as defined in the Exchange Act, Rules 13a-15(e)

and 15-d-15(e)) as of the end of each of the periods covered by this Report (the “Evaluation Date”).

Based upon that evaluation,

the Certifying Officers concluded that, as of March 31, 2022, our disclosure controls and procedures were not effective in ensuring that

the information we were required to disclose in reports that we file or submit under the Securities and Exchange Act of 1934, as amended,

is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

The deficiency is attributed

to the fact that the Company does not have an adequate number of persons to whom it can segregate accounting tasks within the Company

so as to ensure the segregation of duties between those persons who approve and issue payment from those persons who are responsible

to record and reconcile such transactions within the Company’s accounting system.

This control deficiency will be monitored, and

attention will be given to this matter as we increase our personnel.

The Certifying Officers based

their conclusion on the fact that the Company has identified a material weakness in controls over financial reporting, detailed above.

We expect to be deficient in our disclosure controls and procedures until sufficient capital is available to hire the appropriate internal

accounting staff.

Our Principal Executive

Officer and Chief Financial Officer (the “Certifying Officers”) are responsible for establishing and maintaining disclosure

controls and procedures for the Company.

The Certifying Officers have designed such disclosure controls and procedures to ensure

that material information is made known to them, particularly during the period in which this Report was prepared.

The Certifying Officers

are responsible for establishing and maintaining adequate internal control over financial reporting for the Company and used the

“Internal Control over Financial Reporting Integrated Framework” issued by the Committee of Sponsoring Organizations

(“COSO”) to conduct an extensive review of the Company’s “disclosure controls and procedures” (as

defined in the Exchange Act, Rules 13a-15(e) and 15-d-15(e)) as of the end of each of the periods covered by this Report (the “Evaluation

Based upon that evaluation, the Certifying Officers concluded that, as of September 30, 2022, our disclosure controls

and procedures were not effective in ensuring that the information we were required to disclose in reports that we file or submit

under the Securities and Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods

specified in SEC rules and forms.

The deficiency is attributed to the Company not having adequate resources to address complex

accounting matters.

This control deficiency will be monitored, and attention will be given to this matter as we grow.

The Certifying Officers

based their conclusion on the fact that the Company has identified a material weakness in controls over financial reporting, detailed

We expect to be deficient in our disclosure controls and procedures until sufficient capital is available to hire the appropriate

internal accounting staff.

Changes in Internal Controls

There have been no changes in

our internal controls over financial reporting during the three months ended March 31, 2022, that have materially affected or are reasonably

likely to materially affect our internal controls.

There have been no changes

in our internal controls over financial reporting during the three months ended September 30, 2022, that have materially affected

or are reasonably likely to materially affect our internal controls.

PART II — OTHER INFORMATION

Legal Proceedings.

There are presently no material

pending legal proceedings other than in the ordinary course of business to which the Company or any of its subsidiaries, is a party or

as to which any of its property is subject, and no such proceedings are known to the Company to be threatened or contemplated against

Risk Factors.

Risk factors that may affect our

business and financial results are discussed within Item 1A ”Risk Factors” of our annual report for the fiscal year ended

June 30, 2021, on Form 10-K (“2021 Form 10-K”) filed with the SEC on September 24, 2021.

There have been no material

changes to the disclosures relating to this item from those set forth in our 2021 Form 10-K.

Unregistered Sales of Equity Securities and Use of Proceeds.

Defaults Upon Senior Securities.

Mine Safety Disclosures.

Not applicable.

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