Company: VYND
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001079973-25-001679
Chunk: 20

Company: Vynleads, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 4
Chunk 20
---
ITEM 4. CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures

Our management is responsible
for establishing and maintaining adequate “disclosure controls and procedures,” as such term is defined in Rules 13a-15(e)
and 15d-15(e) of the Securities Exchange Act of 1934 (the “ Exchange Act”), that are designed to ensure that information required
to be disclosed by us in 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, and that such information is accumulated and communicated to our management, including
our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. Our
management has concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this Report
to provide the reasonable assurance discussed above.

Management's Annual Report on Internal Control
Over Financial Reporting

The
Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting, as such
term is defined in Securities Exchange Act Rule 13a-15(f). The Company carried out an evaluation under the supervision and with the participation
of the Company’s management, including the Company’s Chief Executive Officer and Chief Financial Officer, of the effectiveness
of the Company’s internal control over financial reporting. The Company’s management used the framework in Internal Control-Integrated
Framework (2013) issued by the Committee of Sponsoring Organizations (COSO) to perform this evaluation. As a result of this assessment,
management identified a material weakness in internal control over financial reporting. A material weakness is a control deficiency, or
a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material
misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. The identified
material weakness is disclosed below:

  Due to the size of the Company and available resources, there are limited personnel to assist with the accounting and financial reporting function, which results in a lack of segregation of dut...  

As
a result of the material weakness in internal control over financial reporting described above, management concluded that, as of September
30, 2025, the Company’s internal control over financial reporting was not effective based on the criteria inInternal Control
 - Integrated Frameworkissued by the COSO. Management notes that upon subsequent funding, the Company expects to have the
available resources in