CONTROLS AND PROCEDURES.
−Removed: We maintain disclosure controls
−Removed: and procedures that are designed to ensure that information required to be disclosed by the Company is recorded, processed, summarized,
−Removed: and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission.
−Removed: Our management, under the
−Removed: direction of our Chief Executive Officer and Interim Chief Financial Officer, who is one and the same, has evaluated the effectiveness
−Removed: of the design and operation of our disclosure controls and procedures (as such terms are defined in Rules 13a-15(e) and 15d-15(e) under
−Removed: the Exchange Act) as of June 30, 2023.
−Removed: As part of such evaluation, management considered the matters discussed below relating to
−Removed: internal control over financial reporting.
−Removed: Based on this evaluation, our Chief Executive Officer and Interim Chief Financial Officer,
−Removed: has concluded that the Company’s disclosure controls and procedures were ineffective as of June 30, 2023 to ensure that the
−Removed: information required to be disclosed in our Exchange Act reports was recorded, processed, summarized and reported on a timely basis.
−Removed: a small Company with limited resources that is mainly focused on the development and sales of our freeze dried products, the Company does
−Removed: not employ a sufficient number of staff in its finance department to possess an optimal segregation of duties or to provide optimal levels
−Removed: of oversight.
−Removed: This has resulted in certain audit adjustments and management believes that there may be a possibility for a material misstatement
−Removed: to occur in future periods while it employs the current number of personnel in its finance department.
−Removed: To address these material
−Removed: weaknesses, management performed additional analyses and other procedures to ensure that the financial statements included herein fairly
−Removed: present, in all material respects, our financial position, results of operations and cash flows for the periods presented.
−Removed: we believe that the financial statements included in this report fairly present, in all material respects, our financial condition, results
−Removed: of operations and cash flows for the periods presented.
−Removed: There have been no changes
−Removed: in the Company’s internal control over financial reporting during the three-month period ended June 30, 2023 that materially
−Removed: affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.
+Added: We maintain disclosure controls and procedures that are designed to ensure the information we are required to disclose in the reports we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. Based on her evaluation as of September 30, 2023, our Chief Executive Officer and Interim Chief Financial Officer, Claudia Goldfarb, concluded that our disclosure controls and procedures are effective to accomplish their objectives and to ensure the information required to be disclosed in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Interim Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.
+Added: There have been no changes in the Company’s internal control over financial reporting during the three-month period ended September 30, 2023 that materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.
PART II - OTHER INFORMATION
LEGAL PROCEEDINGS.
−Removed: Other than routine legal proceedings
−Removed: incident to our business, there are no material legal proceedings to which we are a party or to which any of our property is subject.
+Added: Other than routine legal proceedings incident to our business, there are no material legal proceedings to which we are a party or to which any of our property is subject.
RISK FACTORS.
−Removed: As a smaller reporting company,
−Removed: we are not required to provide the information required by this Item.
+Added: As a smaller reporting company, we are not required to provide the information required by this Item.
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.