3 unchanged sentences
Common Stock on March 28, 2023 was $1.40.
−Removed: As of March 9, 2022, there
−Removed: were 118 stockholders of record of our Common Stock, one of which is Cede & Co., a nominee for Depository Trust Company,
−Removed: Shares of Common Stock that are held by financial institutions as nominees for beneficial owners are deposited into participant
−Removed: accounts at DTC and are considered to be held of record by Cede & Co.
+Added: of March 28, 2023, there were 180 stockholders of record of our Common Stock, one of which is Cede & Co., a nominee for Depository
+Added: Trust Company, or DTC.
+Added: Shares of Common Stock that are held by financial institutions as nominees for beneficial owners are deposited
+Added: into participant accounts at DTC and are considered to be held of record by Cede & Co.
as one stockholder.
−Removed: have not paid any cash dividends through December 31, 2021.
−Removed: On January 5, 2022, the board of directors of the Company declared
−Removed: a non-recurring special dividend of $0.05 for each outstanding share of Common Stock of the Company.
−Removed: The dividend is payable to
−Removed: holders of record as of the close of business on March 17, 2022.
−Removed: Shareholders are being provided the option to receive proceeds of their
−Removed: dividend payable in either cash or Bitcoin.
−Removed: The Bividend and cash equivalent dividend for those not electing to receive a Bividend will
−Removed: be paid as soon practical after the record date.
−Removed: The Company will evaluate the appropriateness of potential future dividends as the Company
−Removed: continues to grow its operations.
+Added: January 5, 2022, the Board of Directors (the “Board”) of the Company declared a non-recurring special dividend of $0.05 for
+Added: each outstanding share of Common Stock of the Company.
+Added: The dividend was payable to holders of record as of the close of business on March
+Added: Shareholders were provided the option to receive proceeds of their dividend payable in either cash or Bitcoin.
+Added: This dividend
+Added: was considered to be a return of capital distribution for IRS income tax purposes as the value was in excess of the Company’s accumulated
+Added: The total value of dividends paid in 2022 was approximately $631,000.
+Added: The Company will evaluate the appropriateness of potential
+Added: future dividends as the Company continues to grow its operations.
+Added: In the first quarter of 2023,
+Added: the Company announced that it had created a new Series V Convertible Preferred Stock (the “Series V”) with plans to distribute
+Added: the Series V to each shareholder of record as of March 27, 2023.
+Added: Due to anticipated changes to the structure, the Company delayed the
+Added: key dates including the record and payments dates of the Series V distribution.
+Added: The Company is actively working with relevant parties
+Added: to ensure a smooth process of the distribution moving forward.
SALES OF UNREGISTERED SECURITIES
−Removed: addition to those unregistered securities previously disclosed in reports filed with the Securities and Exchange Commission (the “SEC”),
−Removed: during the year ended December 31, 2021, we have issued securities without registration under the Securities Act, as described below.
+Added: addition to those unregistered securities previously disclosed in reports filed with the SEC, during the year ended December 31, 2022,
+Added: we have issued securities without registration under the Securities Act, as described below.
or Class of Investor
of Securities
−Removed: Officers and Non-Employee Director (1)
shares of restricted stock units
−Removed: Directors (1)
+Added: Non-Employee Directors (1)
+Added: January 2, 2022
95,544 shares of restricted stock units
+Added: Compensation for services
shares of restricted stock units
+Added: shares of restricted stock units
+Added: shares of restricted stock units
under Section 4(a)(2) of the Securities Act and Regulation 506(b) thereunder.
−Removed: The securities
−Removed: were issued to an accredited investor and there was no general solicitation.
+Added: The securities were issued to an accredited investor
+Added: and there was no general solicitation.
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.