6 unchanged sentences
required disclosure.
−Removed: At the end of the quarter ended December 31, 2019, we carried out an evaluation, under the supervision and with
−Removed: the participation of our management, including our principal executive officer and the principal financial officer, of the effectiveness
+Added: At the end of the quarter ended June 30, 2019, we carried out an evaluation, under the supervision and with the
+Added: participation of our management, including our principal executive officer and the principal financial officer, of the effectiveness
of the design and operation of our disclosure controls and procedures.
2 unchanged sentences
committee financial expert, as defined in Item 407 of Regulation S-K, under applicable regulations or listing standards;
−Removed: it is managements view that such a committee is an important internal control over financial reporting, the lack of which may
−Removed: result in ineffective oversight in the establishment and monitoring of internal controls and procedures.
−Removed: on this evaluation, we determined that as of December 31, 2019, our disclosure controls and procedures were not effective due to the
−Removed: do not have a majority of independent directors on our board of directors, which may result
−Removed: in ineffective oversight in the establishment and monitoring of required internal controls
−Removed: and procedures.
+Added: it is managements view that such a committee is an important internal control over financial reporting, the lack of which may result
+Added: in ineffective oversight in the establishment and monitoring of internal controls and procedures.
+Added: on this evaluation, we determined that as of June 30, 2019, our disclosure controls and procedures were not effective due to the following:
+Added: do not have a majority of independent directors on our board of directors, which may result in ineffective oversight in the establishment
+Added: and monitoring of required internal controls and procedures.
have an inadequate number of personnel to properly implement control procedures.
−Removed: to the size and lack of resources of our Company, we have not fully developed formal accounting
−Removed: policies and procedures.
−Removed: have not properly complied with all aspects of the Internal Control-Integrated Framework
−Removed: issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in
+Added: to the size and lack of resources of our Company, we have not fully developed formal accounting policies and procedures.
+Added: have not properly complied with all aspects of the Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations
+Added: of the Treadway Commission (COSO) in 2013.
on Effectiveness of Controls and Procedures
19 unchanged sentences
in Internal Control Over Financial Reporting
−Removed: were no changes in our internal control over financial reporting during the three months ended December 31, 2019 that have materially
−Removed: affected or are reasonably likely to materially affect our internal control over financial reporting.
+Added: were no changes in our internal control over financial reporting during the three months ended June 30, 2019 that have materially affected
+Added: or are reasonably likely to materially affect our internal control over financial reporting.
OTHER INFORMATION
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.