Company: CLOQ
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-009976
Chunk: 50

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 4
Chunk 50
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Our management is responsible for establishing
and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that
is 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 Commission’s rules and forms. Disclosure
controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed
by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management,
including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions,
as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision
and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures
as of March 31, 2025 in accordance with Committee of Sponsoring Organizations of the Treadway Commission’s 2013 Integrated Framework.
Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure
that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized
and reported within the time periods specified in SEC rules and forms. In addition, due to its current size, the Company currently does
not have sufficient staff to maintain appropriate segregation of duties, as it pertains to application and oversight of internal control
processes. Material weaknesses have previously been identified, including lack of segregation of duties and lack of formal written policies
and procedures surrounding financial close and reporting. However, the Company anticipates that as it grows and formalizes its internal
control processes and procedures, it will add sufficient staff to perform internal control processes, as well as adequately provided oversight
to ensure processes are working as designed. Such officer also confirmed that there was no change in our internal control over financial
reporting during the three-month period ended March 31, 2025 that has materially affected, or is reasonably likely to materially affect,
our internal control over financial reporting.

 6 

PART II

OTHER INFORMATION

Item
1. Legal Proceedings

The Company is not currently a party to any legal
proceedings, nor is the Company a party to any administrative proceedings.

In addition, the Company’s officers and
direct