5 unchanged sentences
required disclosure.
−Removed: the supervision and with the participation of our management, we conducted an evaluation, as of June 30, 2020, of the effectiveness
+Added: the supervision and with the participation of our management, we conducted an evaluation, as of September 30, 2020, of the effectiveness
of the design and operations of our disclosure controls and procedures.
Based upon our evaluation, our management, including our
−Removed: principal executive officer and principal financial officer, has concluded that, as of June 30, 2020, our disclosure controls
+Added: principal executive officer and principal financial officer, has concluded that, as of September 30, 2020, our disclosure controls
and procedures were not effective due to our limited internal audit functions and lack of ability to have multiple levels of transaction
−Removed: The Company intends to
−Removed: address the foregoing deficiency the Company by upgrading its accounting software to a ERP (“Enterprise Resource Planning”),
−Removed: a cloud-based solution, which would add the necessary controls to manage day to day activities such as accounting, procurement,
−Removed: project management, risk management and compliance as well as to automate the consolidation process of its entities, adding a
−Removed: level of reliability to the Company’s financial reporting.
−Removed: The Company intends to add personnel to address the need
−Removed: for multiple level transaction reviews.
+Added: Company intends to address the foregoing deficiency the Company by upgrading its accounting software to a ERP (“Enterprise
+Added: Resource Planning”), a cloud-based solution, which would add the necessary controls to manage day to day activities such
+Added: as accounting, procurement, project management, risk management and compliance as well as to automate the consolidation process
+Added: of its entities, adding a level of reliability to the Company’s financial reporting.
+Added: The Company intends to add personnel
+Added: to address the need for multiple level transaction reviews.
intends to complete these steps in the near future, but in any event before the end of the 2020 fiscal year.
3 unchanged sentences
in Internal Controls
−Removed: have been no changes in our internal control over financial reporting during the three months ended June 30, 2020 that have materially
−Removed: affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: have been no changes in our internal control over financial reporting during the three months ended September 30, 2020 that have
+Added: materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
OTHER INFORMATION
LEGAL PROCEEDINGS
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: were no unregistered securities sold by us during the six months ended June 30, 2020.
−Removed: DEFAULTS UPON SENIOR SECURITIES
−Removed: MINE SAFETY DISCLOSURE
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.