I have not been very vocal but I also have gone over everything that has happened in the recent year. I did notice that in the annual 10-Q report filed there are certain comments made showing that she in fact does know a problem exists with in the company that has not yet been addressed but once the company begins to turn a profit there will be either a secretary or publicist hired in order to maintain these things. I believe the company has incurred a loss of over $650k since 2012 which is hindering her process of hiring help as she doesn't want to add to the debt incurred but once the Amazon and us product orders are processed it will whittle down the debt very fast if it all works out and it will open up new opportunities for
This is from the most recent 10-Q. I know it pertains more to the accounting standpoint but I believe it goes a little beyond just the accounting aspects. I'm glad to see that even though it should/will be addressed it is indeed noticed.
ITEM 4. CONTROLS AND PROCEDURES
We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms and that such information is accumulated and communicated to our sole officer, as appropriate to allow timely decisions regarding required disclosure. We carried out an evaluation, under the supervision and with the participation of our sole officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of November 30, 2016.
Based on the evaluation of these disclosure controls and procedures, our Chief Executive and Chief Financial Officer concluded that as of the end of the periods covered by this report, we have identified the following material weakness of our internal controls: Lack of sufficient accounting staff which results in a lack of segregation of duties necessary for a good system of internal control.
There were no changes in our internal control or in other factors during the last fiscal quarter covered by this report that have materially affected, or are likely to materially affect the Company's internal control over financial reporting.
