What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2021-05-13 compared with 2021-02-12 · 26 added, 30 removed, 4 unchanged (93% of the section changed)

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We maintain controls

and procedures designed to ensure that information required to be disclosed by the issuer in the reports that it files or submits

under the Act (15 U.S.C.

78a et seq.) is recorded, processed, summarized and reported, within the time periods specified in the

Securities and Exchange Commission’s rules and forms.

of Disclosure Controls and Procedures

maintain controls and procedures designed to ensure that information required to be disclosed by the issuer in the reports that it files

or submits under the Act (15 U.S.C.

78a et seq.) is recorded, processed, summarized and reported, within the time periods specified in

the Securities and Exchange Commission’s rules and forms.

Disclosure controls and procedures include, without limitation, controls

and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits

under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal

financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

As of December 31,

2020, we carried out an evaluation, under the supervision of and with the participation of its management, including our Chief

Executive Officer and Acting Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls

and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under

the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers,

or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

of March 31, 2021, we carried out an evaluation, under the supervision of and with the participation of its management, including our

Chief Executive Officer and Acting Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls

and procedures.

Based on the foregoing evaluation, Chief Executive Officer and Acting Chief Financial Officer concluded that our

disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended

(the “Exchange Act”)) were not effective and adequately designed to ensure that the information required to be disclosed

by us in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time

periods specified in the applicable rules and forms, and that such information was accumulated and communicated to the management,

including Chief Executive Officer and Acting Chief Financial Officer, in a manner that allowed for timely decisions regarding required

The assessment stemmed from the following material weaknesses –

Lack of segregation of duties for accounting personnel who prepared

and reviewed the journal entries;

Lack of a full time U.S.

GAAP personnel in the accounting department

to monitor the recording of the transactions.

Changes in Internal Control over Financial

There were no changes

in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the three months ended

December 31, 2020 that have materially affected, or are reasonably likely to materially affect, our internal control over financial

Based on the foregoing evaluation, Chief Executive Officer and Acting Chief Financial Officer concluded that our disclosure

controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange

Act”)) were not effective and adequately designed to ensure that the information required to be disclosed by us in the reports

it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the applicable

rules and forms, and that such information was accumulated and communicated to the management, including Chief Executive Officer and

Acting Chief Financial Officer, in a manner that allowed for timely decisions regarding required disclosure.

The assessment stemmed from

the following material weaknesses –

of segregation of duties for accounting personnel who prepared and reviewed the journal entries;

of a full time U.S.

GAAP personnel in the accounting department to monitor the recording of the transactions.

in Internal Control over Financial Reporting.

were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the three

months ended March 31, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial

OTHER INFORMATION

This item is not applicable

to a smaller reporting company such as us.

Legal Proceedings

This item is not applicable to a smaller reporting company such as

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