Company: AGSS
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111597
Chunk: 78

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-11-17
Form: 10-Q
Item: Item 3
Chunk 78
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 the organization, management has determined that these
circumstances constitute a material weakness.

Because of these weaknesses, management has concluded
that the Company did not maintain effective internal control over financial reporting as of September 30, 2025, based on the criteria
established in “INTERNAL CONTROL-INTEGRATED FRAMEWORK” issued by the COSO. Management believes that the weaknesses set forth
above did not have an effect on our financial results because the activity during this period was nominal. However, management believes
that the lack of a functioning audit committee results in ineffective oversight in the establishment and monitoring of required internal
controls and procedures, which could result in a material misstatement in our financial statements in future periods. Management will
further recruit qualified individuals, establish an audit committee, and ensure that board members have current and pertinent financial
experience.

Changes in Internal
Controls over Financial Reporting

There were no changes in our internal control
over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15
that occurred during our last fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

17

PART II –
Other Information

ITEM
1. LEGAL PROCEEDINGS

Involvement
in Certain Legal Proceedings

To our knowledge, during the past ten years, none
of our directors, executive officers, promoters, control persons, or nominees has:

    ●
    been convicted in a criminal proceeding
        or been subject to a pending criminal proceeding (excluding traffic violations and other minor offenses)

    ●
    had any bankruptcy petition filed
        by or against the business or property of the person, or of any partnership, corporation or business association of which he was a general
        partner or executive officer, either at the time of the bankruptcy filing or within two years prior to that time;

    ●
    been found by a court of competent
        jurisdiction in a civil action or by the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities
        or commodities law, and the judgment has not been reversed, suspended, or vacated;

    ●
    been the subject of, or a party
        to, any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated
        (not including any settlement of a civil proceeding among private litigants), relating to an alleged