What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2016-11-14 compared with 2016-05-16 · 25 added, 19 removed, 14 unchanged (76% of the section changed)

2 unchanged sentences

and Procedures

As of March 31, 2016,

As of September 30,

2016, the company carried out an evaluation, under the supervision of and with the participation of management, including our Company’s

1 unchanged sentence

controls and procedures under the 2013 COSO framework.

Based on the foregoing, the chief executive officer and chief financial

officer concluded that our Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under

the Securities Exchange Act of 1934) were ineffective in timely alerting them to information required to be included in the Company’s

periodic Securities and Exchange Commission filings.

Because we do not currently have enough full-time employees with experience

generally accepted accounting principles, the chief executive officer and chief financial officer concluded that

our Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange

Act of 1934) were ineffective in timely alerting them to information required to be included in the Company’s periodic Securities

and Exchange Commission filings.

Changes in Internal

Control over Financial Reporting

continues to focus on internal control over financial reporting.

As of March 31, 2016, the Company intends to further implement

the following remedial initiatives:

the design and documentation related to multiple levels of review over financial statements included in our SEC filings;

the design and assessment test work over the monitoring function of entity level controls;

documentation retention policies over test work related to continuous management assessments of internal control effectiveness;

documentation practices and policies related to various key controls to provide support and audit trails for both internal management

assessment as well as external auditor testing.

Management continues

to focus on internal control over financial reporting.

As of September 30, 2016, the Company intends to further implement the following

remedial initiatives

● Improve the design and documentation related to multiple

levels of review over financial statements included in our SEC filings;

● Expand the design and assessment test work over the

monitoring function of entity level controls;

● Enhance documentation retention policies over test

work related to continuous management assessments of internal control effectiveness;

● Expand documentation practices and policies related

to various key controls to provide support and audit trails for both internal management assessment as well as external auditor

There were no changes

in the Company’s internal control over financial reporting (as defined in Rule 13a-15(f) of the Securities Exchange Act

of 1934) during the nine months ended March 31, 2016 that have materially affected, or are reasonably likely to materially affect,

the Company’s internal control over financial reporting, except as disclosed above.

II Other Information

in the Company’s internal control over financial reporting (as defined in Rule 13a-15(f) of the Securities Exchange

Act of 1934) during the three months ended September 30, 2016 that have materially affected, or are reasonably likely to materially

affect, the Company’s internal control over financial reporting, except as disclosed above.

Part II Other Information

Legal Proceedings.

1 unchanged sentence

Not applicable.

Unregistered Sales of Equity Securities and Use of Proceeds.

Defaults upon Senior Securities.

Unregistered Sales of

Equity Securities and Use of Proceeds.

Defaults upon Senior

Mine Safety Disclosures.

1 unchanged sentence

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