6 unchanged sentences
Based on that evaluation, our Principal Executive Officer and Principal
−Removed: Financial Officer have concluded that our disclosure controls and procedures as of March 31, 2024, were not effective to ensure that information
+Added: Financial Officer have concluded that our disclosure controls and procedures as of June 30, 2024, were not effective to ensure that information
required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported
4 unchanged sentences
Executive Officer or Principal Financial Officer, initiates all transactions and they also review, evaluate, and approve these same transactions.
−Removed: Changes in Internal Control Over Financial
−Removed: During the three months ended March 31, 2024,
−Removed: · Continued to strengthen our internal policies,
−Removed: processes, and reviews, including drafting of related documentation thereof;
−Removed: · Engaged outside consultants to ensure that appropriate
−Removed: level of knowledge and experience is applied based on the risk and complexity of the transactions and tasks under review;
−Removed: · Hired additional accounting staff to provide
−Removed: additional segregation of duties within accounting functions;
−Removed: · Started internal control documentation along
−Removed: with the engagement of outside consultants to assist in the design, implementation, and documentation of internal controls to address
−Removed: relevant risks;
−Removed: · Executed an agreement to implement an ERP and
−Removed: financial accounting system which will provide additional internal controls and appropriate recording of transactions.
+Added: Changes in Internal Control Over Financial Reporting
+Added: During the six months ended June 30, 2024, we have:
+Added: Continued to strengthen our internal policies, processes, and reviews, including drafting of related documentation thereof;
+Added: Engaged outside consultants to ensure that appropriate level of knowledge and experience is applied based on the risk and complexity of the transactions and tasks under review;
+Added: Hired additional accounting staff to provide additional segregation of duties within accounting functions;
+Added: Started internal control documentation along with the engagement of outside consultants to assist in the design, implementation, and documentation of internal controls to address relevant risks;
+Added: Implemented the initial phase of an ERP and financial accounting system and added additional systematic internal controls and timely recording of transactions.
+Added: We will continue to build out and expand the functionality of our ERP system and build in additional automation and controls.
The process of implementing an effective financial
8 unchanged sentences
There have been no changes in
−Removed: our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the three months
−Removed: ended March 31, 2024 that have materially affected, or are reasonably likely to materially affect, our internal control over financial
+Added: our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the six months
+Added: ended June 30, 2024 that have materially affected, or are reasonably likely to materially affect, our internal control over financial
reporting, other than the activities described above.
1 unchanged sentence
Legal Proceedings
−Removed: From time to time, we may become involved
−Removed: in legal proceedings arising in the ordinary course of our business.
−Removed: We are not currently aware of any such proceedings or claims that
−Removed: we believe will have, individually or in the aggregate, a material adverse effect on our business, financial condition or results of operations.
+Added: From time to time, we may become involved in legal
+Added: proceedings arising in the ordinary course of our business.
+Added: We are not currently aware of any such proceedings or claims that we believe
+Added: will have, individually or in the aggregate, a material adverse effect on our business, financial condition or results of operations.
In addition to the information
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.