Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 25

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 25
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s: (1) we lack sufficient financial reporting and accounting personnel with appropriate knowledge of U. S. GAAP and SEC reporting
requirements to properly address certain accounting issues, and prepare and review financial statements and related disclosures in accordance
with U. S. GAAP and SEC reporting requirements; (2) we lack comprehensive accounting policies and procedures manual in accordance
with U. S. GAAP; and (3) we lack of sufficient controls designed and implemented in IT environment and IT general control activities,
which are mainly associated with areas of logical access management, change management as well as cyber security management.

We
intend to take a number of measures to remediate these material weakness, including without limitation:

-
Appointing three independent director nominees who have extensive U. S. public company experience to serve on our board of directors.

-
Establishing appropriate internal audit functions by engaging an external consulting firm to assist us with assessment of Sarbanes-Oxley
Act (SOX) compliance requirements and improvement of overall internal controls;

-
Hiring additional qualified accounting personnel with relevant U. S. GAAP and SEC reporting experience and qualifications to strengthen
our financial reporting function and to establish and maintain an appropriate financial and system control framework;

-
Implementing regular and continuous U. S. GAAP accounting and financial reporting training programs for our accounting and financial reporting
personnel; and

-
Review additional options to strengthen corporate governance.

However,
if we are unable to remediate these material weaknesses in a timely manner or if we identify additional material weaknesses, we may be
unable to provide required financial information in a timely or reliable manner and we may incorrectly report financial information.
Likewise, if our financial statements are not filed on a timely basis, we could be subject to sanctions or investigations by the SEC,
Nasdaq or other regulatory authorities. In such a case, there could be a material adverse effect on our business.

The
existence of material weaknesses or significant deficiencies in internal control over financial reporting could adversely affect our
reputation or investor perceptions of us, which could have a negative effect on the trading price of our stock. In addition, we may incur
additional costs to remediate the material weakness in our internal control over financial reporting.

We
can give no assurance that the measures we intend to take will remediate the material weaknesses identified or that any additional material
weaknesses or restatements of financial results will not arise in the future due to a failure to implement and maintain adequate internal
control over financial reporting or circum