Item 4. Controls and Procedures
Item 4. Controls and Procedures.
Evaluation of Disclosure Controls and Procedures:
Our management carried out an evaluation of the effectiveness and design and operation of our disclosure controls and procedures as
defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as amended (the Exchange Act). Based on that evaluation,
our Chief Executive Officer has concluded that, at February 28, 2025, such disclosure controls and procedures were not effective.
Disclosure controls and procedures are controls and
other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange
Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls
and procedures include, without limitation, controls and procedures designed to ensure that the information required to be disclosed in
our reports filed or submitted under the Exchange Act is accumulated and communicated to management including our Chief Executive Officer
and Interim Chief Financial Officer, or persons performing similar functions, as appropriate, to allow timely decisions regarding required
disclosure.
Limitations on the Effectiveness of Controls: Our
disclosure controls and procedures are designed to provide reasonable, not absolute, assurance that the objectives of our disclosure control
system are met. Because of inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that
all control issues, if any, within a company have been detected. Our Chief Executive Officer has concluded, based on their evaluation
as of the end of the period covered by this Quarterly Report that our disclosure controls and procedures were not sufficiently effective
to provide reasonable assurance that the objectives of our disclosure control system were met.
Changes in Internal Control over Financial Reporting
There have been no changes in our internal controls
over financial reporting that occurred during the period ended February 28, 2025, that have materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting.
In our annual report for the year ended November 30,
2024, we identified the following material weaknesses which are still applicable:
●
We do not have an audit committee
●
We did not implement appropriate information technology controls
Management plans to address these material weaknesses
in the coming quarters.
14
PART II – OTHER INFORMATION
Item 1. Legal Proceedings.
None.
Item 1A. Risk Factors.
We are a smaller reporting company
and, therefore, we are not required to provide information required by this item.
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.