What changed in this filing

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Item 4. Controls and Procedures

2021-05-17 compared with 2020-11-16 · 19 added, 21 removed, 9 unchanged (82% of the section changed)

1 unchanged sentence

of Disclosure Controls and Procedures

As of the end of the period covered by

this report, our principal executive officer and principal financial officer evaluated the effectiveness of 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”)).

Based on their evaluation of our disclosure controls and procedures, our principal executive officer and principal

financial officer, concluded that our disclosure controls and procedures were not effective as of September 30, 2020, to ensure

that information required to be disclosed by the Company in the reports that we file or submit under the Exchange Act is (a) recorded,

processed, summarized and reported within the time periods specified in the SEC’s rules and forms and (b) accumulated and

communicated to management, including our principal executive officer and principal financial officer, as appropriate to allow

for timely decisions regarding required disclosure.

of the end of the period covered by this report, our principal executive officer and principal financial officer evaluated the effectiveness

of 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”)).

Based on their evaluation of our disclosure controls and procedures, our principal executive

officer and principal financial officer, concluded that our disclosure controls and procedures were not effective as of March 31, 2021,

to ensure that information required to be disclosed by the Company in the reports that we file or submit under the Exchange Act is (a)

recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and (b) accumulated

and communicated to management, including our principal executive officer and principal financial officer, as appropriate to allow for

timely decisions regarding required disclosure.

of Material Weakness

has concluded that the Company’s disclosure controls and procedures were not effective as of September 30, 2020, due to

the lack of segregation of duties and the failure to report disclosures on a timely basis.

has concluded that the Company’s disclosure controls and procedures were not effective as of March 31, 2021, due to the lack of

segregation of duties and the failure to report disclosures on a timely basis.

of Material Weakness

1 unchanged sentence

thereof in order to address this material weakness.

However, its implementation was delayed as a decline in commodity prices caused

the Company to pursue aggressive cost cutting and de-staffing which has increasingly concentrated duties on the remaining staff.

Until the Company has the proper staff in place, it likely will not be able to remediate its material weaknesses.

However, its implementation was delayed as a decline in commodity prices caused the

Company to pursue aggressive cost cutting and de-staffing which has increasingly concentrated duties on the remaining staff.

Company has the proper staff in place, it likely will not be able to remediate its material weaknesses.

in Internal Control over Financial Reporting

have been no changes in our internal control over financial reporting identified in connection with the evaluation required by

paragraph (d) of Rules 13a-15 or 15d-15 under the Exchange Act that occurred during the current fiscal quarter that have materially

affected, or are reasonably likely to materially affect, our internal control over financial reporting.

have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph

(d) of Rules 13a-15 or 15d-15 under the Exchange Act that occurred during the current fiscal quarter that have materially affected, or

are reasonably likely to materially affect, our internal control over financial reporting.

OTHER INFORMATION

Legal Proceedings

the opinion of management, we are not involved in any claims, legal actions or regulatory proceedings as of September 30, 2020,

the ultimate disposition of which would have a material adverse effect on our consolidated financial position, results of operations,

or cash flows.

the opinion of management, we are not involved in any claims, legal actions or regulatory proceedings as of March 31, 2021, the ultimate

disposition of which would have a material adverse effect on our consolidated financial position, results of operations, or cash flows.

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