93 unchanged sentences
Intellectual Property Protection
−Removed: Our subsidiary CannaKorp Inc.
+Added: Company subsidiary CannaKorp Inc.
holds the following patents:
10 unchanged sentences
CannaKorp also has certain proprietary formulas and processes involving herbal formulas and flavors, proprietary herbal production processes and an herbal base developed to suspend active ingredients for optimal vaporization.
−Removed: At present, CannaKorp has failed to meet its annuity payments as well as maintenance fees on the 2 referenced patents.
+Added: At present, CannaKorp has failed to meet its annuities payments as well as maintenance fees on the 2 referenced patents.
Although there has been a lapse and these patents remain unmaintained, there remains the possibility of CannaKorp reinstating these patents if done so in a reasonable amount of time.
At this time, management is determining the value maintaining these patents will provide the Company.
−Removed: Once management has completed their assessment, the company will proceed accordingly to advance in that determined direction moving forward.
−Removed: Additionally, CannaKorp is actively seeking a JV Partner joint venture partner and/ or a licensor to assist in both marketing and launching the Wisp Vaporizer and Wisp Pods in both the US and Canadian Legal Cannabis/ HEMP markets.
+Added: Once management has completed their assessment, the Company will proceed accordingly and advance in that determined direction moving forward.
+Added: Additionally, CannaKorp is actively seeking a joint venture partner and/ or a licensor to assist in both marketing and launching the Wisp Vaporizer and Wisp Pods in both the US and Canadian legal cannabis or hemp markets.
Corporate Facilities
Our principal executive office is located at 20 Hempstead Drive, Hamilton, Ontario, Canada.
+Added: Cybersecurity
+Added: Risk Management and Strategy
+Added: The Company invests in information technology systems for its operations.
+Added: Such investments, including the implementation of technology updates, improves the Company’s customers’ experience, and supports both compliance and internal controls.
+Added: The Company is actively engaged in attempting to identify and manage cybersecurity risks.
+Added: Protecting company data, non-public customer and employee data, and the systems that collect, process, and maintain this information is a Company priority.
+Added: Cybersecurity Risk
+Added: In recent years there has been an increased risk of information and security risks due to increased sophistication and activities of perpetrators of cyber attacks.
+Added: The computers are used for our everyday business operations including mobile devices and other online means of activities to connect with our customers, employees, suppliers and other parties.
+Added: This extensive use give rise to cybersecurity risks such as system disruption, theft and the release of confidential information.
+Added: There are numerous sensitive information stored in the system and intellectual property, including employees, customers and other financial information.
+Added: In the future we may be required to expend additional resources to continue to enhance information security measures to investigate and remediate any information security vulnerabilities.
+Added: We can provide no assurances that the measures we have implemented to prevent security breaches and cyber incidents will be effective in the event of a cyber-attack.
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.