{"url_path":"/sec/ytfd/10-q/2026/item-4","section_key":"item-4","section_title":"Item 4 CONTROLS AND PROCEDURES**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1311673/0001493152-26-023704-index.html","accession_number":"0001493152-26-023704","cik":"0001311673","ticker":"YTFD","issuer_name":"Yale Transaction Finders, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1311673/0001493152-26-023704-index.html","primary_entity_key":"0001311673","primary_entity_name":"Yale Transaction Finders, Inc."},"word_count":400,"has_tables":true,"body_markdown":"**ITEM\n4. CONTROLS AND PROCEDURES**\n\n \n\n**Evaluation\nof Disclosure Controls and Procedures**\n\n \n\nUnder\nthe supervision and with the participation of our management, including our principal executive officer and principal financial officer,\nwe conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e)\npromulgated under the Securities Exchange Act of 1934, as amended (Exchange Act), as of March 31, 2026. Based on this evaluation, our\nprincipal executive officer and principal financial officer have concluded that our disclosure controls and procedures are not effective\nto ensure that information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed,\nsummarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms and that\nour disclosure and controls are not designed to ensure that information required to be disclosed by us in the reports that we file or\nsubmit under the Exchange Act is accumulated and communicated to our management, including our principal executive officer and principal\nfinancial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.\n\n \n\nThe\nmatters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the\nPublic Company Accounting Oversight Board were: (1) lack of a functioning audit committee, resulting in ineffective oversight in the\nestablishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control\nobjectives; and (3) ineffective controls over period end financial disclosure and reporting processes.\n\n \n\nManagement\nbelieves that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results. However,\nmanagement believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors\nresults in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result\nin a material misstatement in our financial statements in future periods.\n\n \n\n**Changes\nin Internal Control Over Financial Reporting**\n\n \n\nThere\nwere no changes (including corrective actions with regard to significant deficiencies or material weaknesses) in our internal controls\nover financial reporting that occurred during the first quarter of fiscal 2026 that has materially affected, or is reasonably likely\nto materially affect, our internal control over financial reporting.\n\n \n\n11\n\n \n\n \n\n**PART\nII - OTHER INFORMATION**"}