Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 215

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 7A
Chunk 215
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 subjected to a formal review process that includes multiple levels of review and are not submitted timely to the Board of Directors for review or approval; and

While we strive to segregate duties as much as
practicable, there is an insufficient volume of transactions at this point in time to justify additional full-time staff. We believe that
this is typical in many development stage companies. We may not be able to fully remediate the material weakness until we commence operations
at which time, we would expect to hire more staff. We will continue to monitor and assess the costs and benefits of additional staffing.

This Annual Report does not include an attestation
report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not
subject to attestation by our registered public accounting firm pursuant to the SEC rules that permit us to provide only management’s
report in this Annual Report.

 6 

Changes in Internal Control Over Financial
Reporting

There were no changes in our internal control
over financial reporting that occurred during the quarter ended April 30, 2025, that has materially affected, or is reasonably likely
to materially affect, our internal control over financial reporting.

Item 9B. Other Information.

During the year ended April 30, 2025, no director
or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,”
as each term is defined in Item 408(a) of Regulation S-K.

Item 9C. Disclosures Regarding Foreign Jurisdictions
that Prevent Inspections.

Not Applicable.

 7 

PART III

Item 10. Directors, Executive Officers, and
Corporate Governance.

Directors of the corporation are elected by the
stockholders to a term of 1 (one) year and serve until a successor is elected and qualified. Officers of the corporation are appointed
by the Board of Directors to a term of one year and serves until a successor is duly appointed and qualified, or until he or she is removed
from office. The Board of Directors has no nominating, auditing or compensation committees.

Our executive officer and director, his name,
age, and his positions as of the date of this prospectus are as follows:

    Name and Address of Executive
    Officer and/or Director
     
    Age
     
    Position

    Guy Pirotsky
    App 6, Yehuda Gorodiski 1