−Removed: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Company’s Common Stock currently trades on the NASDAQ Capital Markets under the symbol “CETX.”
−Removed: of December 23, 2022, the Company had 64 shareholders of record.
−Removed: This amount does not take into account shareholders whose shares are
−Removed: held in “street name” by brokerage houses or other intermediaries.
−Removed: Company is authorized to issue 10,000,000 shares of preferred stock, par value $0.001 and 50,000,000 shares of common stock, $0.001 par
−Removed: value per share.
−Removed: On December 23, 2022, there were 27,778,856 shares of common stock issued and outstanding, 2,183,463 shares of Series
−Removed: 1 preferred stock issued and 2,119,363 shares outstanding, and 50,000 shares of Series C preferred stock issued and outstanding.
−Removed: reported by NASDAQ Capital Markets, on December 23, 2022, the closing sales price of the Company’s Common Stock was $0.10 per share.
−Removed: board of directors declared a one-time cash dividend on our common stock in April 2017.
−Removed: The terms of our series 1 preferred stock provide
−Removed: for the payment of semiannual dividends on the last day of March and September in each year, which began in March 2017.
−Removed: No other cash
−Removed: dividends have been declared or paid by us on our stock during either of the two most recent fiscal years or the period through the date
−Removed: of this prospectus.
−Removed: Other than with respect to our series 1 preferred stock, our board of directors declares dividends when, in its discretion,
−Removed: it determines that a dividend payment, as opposed to another use of cash, is in the best interests of the stockholders.
−Removed: Such decisions
−Removed: are based on the facts and circumstances then existing including, without limitation, our results of operations, financial condition,
−Removed: contractual restrictions, restrictions imposed by applicable law and other factors our board of directors deems relevant.
−Removed: we cannot predict when, or whether, another dividend on our common stock will be declared in the future.
−Removed: Authorized for Issuance under Equity Compensation Plans
−Removed: following table presents certain information as of September 30, 2022, regarding our equity compensation plans:
−Removed: of Common Stock Shares to be Issued upon Exercise of Outstanding Options
−Removed: Average Exercise Price of Outstanding Options
−Removed: of Securities Remaining Available for Future Issuance under Plans (1)
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY,
+Added: RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: The Company’s Common Stock
+Added: currently trades on the NASDAQ Capital Markets under the symbol “CETX.”
+Added: As of December 26, 2023, the Company
+Added: had 70 shareholders of record.
+Added: This amount does not take into account shareholders whose shares are held in “street name”
+Added: by brokerage houses or other intermediaries.
+Added: The Company is authorized to issue
+Added: 10,000,000 shares of preferred stock, par value $0.001 and 50,000,000 shares of common stock, $0.001 par value per share.
+Added: 26, 2023, there were 1,055,636 shares of common stock issued and outstanding, 2,408,053 shares of Series 1 preferred stock issued and
+Added: 2,343,953 shares outstanding, and 50,000 shares of Series C preferred stock issued and outstanding.
+Added: As reported by NASDAQ Capital
+Added: Markets, on December 26, 2023, the closing sales price of the Company’s Common Stock was $5.40 per share.
+Added: Dividend Policy
+Added: Our board of directors declared
+Added: a one-time cash dividend on our common stock in April 2017.
+Added: The terms of our series 1 preferred stock provide for the payment of semiannual
+Added: dividends on the last day of March and September in each year, which began in March 2017.
+Added: No other cash dividends have been declared or
+Added: paid by us on our stock during either of the two most recent fiscal years or the period through the date of this Annual Report.
+Added: than with respect to our series 1 preferred stock, our board of directors declares dividends when, in its discretion, it determines that
+Added: a dividend payment, as opposed to another use of cash, is in the best interests of the stockholders.
+Added: Such decisions are based on the facts
+Added: and circumstances then existing including, without limitation, our results of operations, financial condition, contractual restrictions,
+Added: restrictions imposed by applicable law and other factors our board of directors deems relevant.
+Added: As a result, we cannot predict when, or
+Added: whether, another dividend on our common stock will be declared in the future.
+Added: Securities Authorized for Issuance under Equity Compensation Plans
+Added: The following table presents certain
+Added: information as of September 30, 2023, regarding our equity compensation plans:
+Added: Plan category
+Added: Number of Common Stock Shares to be Issued upon Exercise of Outstanding Options
+Added: Weighted Average Exercise Price of Outstanding Options
+Added: Number of Securities Remaining Available for Future Issuance under Plans (1)
Approved by security holders
−Removed: Compensation Plan
+Added: 2020 Equity Compensation Plan
Not approved by security holders
−Removed: more detailed information regarding our equity compensation plans in the Notes to Consolidated Financial Statements in this 2022
−Removed: Sales of Unregistered Securities
−Removed: information set forth below relates to our issuances of securities without registration under the Securities Act of 1933 during the reporting
−Removed: period which were not previously included in an Annual Report on Form 10-K, Quarterly Report on Form 10-Q or Current Report on Form 8-K.
−Removed: the fiscal year ended September 30, 2022, 193,971 shares of Series 1 Preferred Stock were issued to pay dividends to holders of Series
−Removed: 1 Preferred Stock.
−Removed: the fiscal year ended September 30, 2022, we issued 5,481,102 shares of common stock to satisfy $4,688,524 of notes payable and accumulated
−Removed: December 16, 2022, 1,365,560 shares of common stock were issued to satisfy $200,000 of notes payable and accumulated interest.
−Removed: securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder.
−Removed: The holders represented
−Removed: their intention to acquire the securities for investment only and not with a view towards distribution.
−Removed: The investors were given adequate
−Removed: information about us to make an informed investment decision.
+Added: See more detailed information regarding our equity compensation plans in the Notes to Consolidated Financial Statements in this Annual Report on Form 10-K for the year ended September 30,2023.
+Added: Recent Sales of Unregistered Securities
+Added: The information set forth below
+Added: relates to our issuances of securities without registration under the Securities Act of 1933 during the reporting period which were not
+Added: previously included in an Annual Report on Form 10-K, Quarterly Report on Form 10-Q or Current Report on Form 8-K.
+Added: For the fiscal year ended September
+Added: 30, 2023, 213,894 shares of Series 1 Preferred Stock were issued to pay dividends to holders of Series 1 Preferred Stock.
+Added: For the fiscal year ended September
+Added: 30, 2023, we issued 241,655 shares of common stock to satisfy $1,917,873 of notes payable and accumulated interest.
+Added: For the fiscal year ended September
+Added: 30, 2023, we issued 30,103 shares of common stock in exchange for $215,800 of services to the Company.
+Added: On October 6, 2022, 115,037 shares
+Added: of Series 1 Preferred Stock were issued to pay dividends to holders of Series 1 Preferred Stock.
+Added: These securities were issued pursuant
+Added: to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder.
+Added: The holders represented their intention to acquire the securities
+Added: for investment only and not with a view towards distribution.
+Added: The investors were given adequate information about us to make an informed
+Added: investment decision.
We did not engage in any general solicitation or advertising.
−Removed: our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.
−Removed: SELECTED FINANCIAL DATA
−Removed: required under Regulation S-K for “smaller reporting companies
+Added: We directed our transfer agent to issue the stock certificates
+Added: with the appropriate restrictive legend affixed to the restricted stock.
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.