What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2022-08-15 compared with 2022-05-16 · 28 added, 27 removed, 16 unchanged (77% of the section changed)

Controls and Procedures.

Management’s Conclusions Regarding Effectiveness of Disclosure

Controls and Procedures

We conducted an evaluation of the effectiveness of our “disclosure

controls and procedures” (“Disclosure Controls”), as defined by Rules 13a-15(e) and 15d-15(e) of the Securities

Exchange Act of 1934, as amended (the “Exchange Act”), as of March 31, 2022, the end of the period covered by this Quarterly

Report on Form 10-Q.

The Disclosure Controls evaluation was done under the supervision and with the participation of management,

including our chief executive officer and chief financial officer, which positions are held by the same person.

There are inherent limitations

to the effectiveness of any system of disclosure controls and procedures.

Accordingly, even effective disclosure controls and procedures

can only provide reasonable assurance of achieving their control objectives.

Based upon this evaluation, our chief executive officer and

chief financial officer concluded that, due to the material weaknesses in our internal control over financial reporting, our disclosure

controls were not effective as of March 31, 2022, such that the information required to be disclosed by us in reports filed under the

Securities Exchange Act of 1934 is (i) recorded, processed, summarized and reported within the time periods specified in the SEC’s

rules and forms and (ii) accumulated and communicated to the president and treasurer, as appropriate to allow timely decisions regarding

Changes in Internal Control over Financial Reporting.

As reported in our annual report on Form 10-K for the year ended December

31, 2021, management has determined that our internal control over financial reporting contains material weaknesses due to lack of segregation

of duties within accounting functions as well as lack of qualified accounting personnel and excessive reliance on third party consultants

for accounting, financial reporting and related activities.

These problems continue to affect us as we only have on full-time executive

officer, who is our only full-time employee and who serves as chief executive officer and chief financial officer.

During the period ended March 31, 2022, there was no change in our

internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that has materially affected,

or is reasonably likely to materially affect, our internal control over financial reporting.

Management’s Conclusions Regarding Effectiveness

of Disclosure Controls and Procedures

We conducted an evaluation of the effectiveness

of our “disclosure controls and procedures” (“Disclosure Controls”), as defined by Rules 13a-15(e) and 15d-15(e)

of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as of June 30, 2022, the end of the period covered

by this Quarterly Report on Form 10-Q.

The Disclosure Controls evaluation was done under the supervision and with the participation of

management, including our chief executive officer and chief financial officer, which positions are held by the same person.

inherent limitations to the effectiveness of any system of disclosure controls and procedures.

Accordingly, even effective disclosure

controls and procedures can only provide reasonable assurance of achieving their control objectives.

Based upon this evaluation, our chief

executive officer and chief financial officer concluded that, due to the material weaknesses in our internal control over financial reporting,

our disclosure controls were not effective as of June 30, 2022, such that the information required to be disclosed by us in reports

filed under the Securities Exchange Act of 1934 is (i) recorded, processed, summarized and reported within the time periods specified

in the SEC’s rules and forms and (ii) accumulated and communicated to the president and treasurer, as appropriate to allow timely

decisions regarding disclosure.

Changes in Internal Control over Financial

As reported in our annual report on Form 10-K

for the year ended December 31, 2021, management has determined that our internal control over financial reporting contains material weaknesses

due to lack of segregation of duties within accounting functions as well as lack of qualified accounting personnel and excessive reliance

on third party consultants for accounting, financial reporting and related activities.

These problems continue to affect us as we only

have one full-time executive officer, who is our only full-time employee and who serves as chief executive officer and chief financial

During the period ended June 30, 2022, there

was no change in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that

has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

10 unchanged sentences

the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

August 15, 2022

QUEST PATENT RESEARCH CORPORATION

2 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.

What changed 10-Q

Item 4. Controls and Procedures