Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 587

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 587
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statement of the annual or interim financial statements will not be prevented
or detected on a timely basis.

33

Specifically, management concluded that the ineffectiveness
of our internal controls over financial reporting was due to the following material weaknesses:

    ●
    We lack segregation of duties within accounting functions duties as
    a result of our limited financial resources to support hiring of personnel.

    ●
    The lack of multiples levels of management review on complex business,
    accounting and financial reporting issues.

    ●
    We have not implemented adequate system and manual controls.

While we used the services of a third-party accountant
to provide accounting and financial reporting services to us, we lack both an adequate number of personnel with requisite expertise in
the key functional areas of finance and accounting and an adequate number of personnel to properly implement internal control over financial
reporting. These factors represent material weaknesses in our internal control over financial reporting. Although we believe the possibility
of errors in our financial statements is remote and expect to continue to use a third-party accountant to address shortfalls in staffing
and to assist us with accounting and financial reporting responsibilities in an effort to mitigate the lack of segregation of duties,
until such time as we expand our staff with qualified personnel, we expect to continue to report material weaknesses in our internal
control over financial reporting. 

Attestation Report
of our Registered Public Accounting Firm

This Annual Report on Form 10-K does not include
an attestation report of our registered public accounting firm regarding internal control over financial reporting. As a smaller reporting
company, our management’s report was not subject to attestation by our registered public accounting firm pursuant to rules of the
SEC that permit us to provide only management’s report in this annual report.

Changes in Internal Control Over Financial
Reporting

There have been no changes in our internal control
over financial reporting that occurred during our last fiscal quarter that have materially affected, or are reasonably likely to materially
affect, our internal control over financial reporting.  

ITEM 9B. OTHER INFORMATION

During our last fiscal quarter ended December
31, 2024, none of our directors or executive officers adopted, modified or terminated a “Rule 10b5-1 trading arrangement”
or a “non-Rule 10b5-1 trading arrangement” as such terms are defined under Item 408 of Regulation S K.

ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS
THAT PREVENT INSPECTIONS

Not applicable.