24 unchanged sentences
by the 2025 Plan as of March 17, 2025.
+Added: On February 13, 2025, our Board and Majority Shareholders approved and ratified the 2025 Plan,
+Added: covering up to 2,147,024 shares of common stock.
+Added: The purpose of the 2025 Plan is to advance the interests of the Company and our related
+Added: corporations by enhancing the ability of the Company to attract and retain qualified employees, consultants, officers, and directors,
+Added: by creating incentives and rewards for their contributions to the success of the Company and its related corporations.
+Added: The 2025 Plan
+Added: is administered by our Board or by the Compensation Committee.
+Added: The following awards may be granted under the 2025 Plan:
+Added: Options, Restricted
+Added: Awards, Other Stock-Based Awards.
+Added: On April 15, 2025, the Board awarded the Company’s Chairman and Chief Executive Officer, Chan
+Added: Heng Fai, 1,000,000 restricted shares of the Company’s common stock (the “Shares”).
+Added: The Shares were granted to Mr.
+Added: Chan as compensation for services rendered to the Company pursuant to the terms of the 2025 Plan.
+Added: Under the terms and conditions of the
+Added: award agreement, the Shares may not be sold, assigned, transferred, pledged, encumbered or otherwise disposed of prior to April 15, 2026.
applicable to smaller reporting companies.
2 unchanged sentences
of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Company did not repurchase any shares of the Company’s common stock during 2024.
+Added: (a) Total number of shares (or units) purchased
+Added: (b) Average price paid per share (or unit)
+Added: (c) Total number of shares (or units) purchased as part of publicly announced plans or programs
+Added: (d) Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs
+Added: October 1 – October 31, 2025
+Added: November 1 – November 30, 2025
+Added: December 1 – December 31, 2025
+Added: June 23, 2025, the Company issued a press release announcing that the Company’s Board of Directors approved a new stock repurchase
+Added: program authorizing the repurchase of up to $1,000,000 of its common stock.
+Added: September 29, 2025, the Company’s Board of Directors approved an increase to the Company’s existing stock repurchase program.
+Added: Under the Company’s existing stock repurchase agreement, the Company had, to date, bought back 284,462 shares of the Company’s
+Added: common stock, for approximately $392,000, including certain fees.
+Added: The amendment to the stock repurchase program authorized the Company
+Added: to repurchase up to an additional $1,000,000 of the Company’s common stock, subject to market conditions, contractual restrictions
+Added: and other factors (in addition to the amounts already spent).
+Added: were able to be made under the plan until the $1,000,000 made available was spent or until December 31, 2025.
+Added: The plan expired on December
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.