2 unchanged sentences
CONSOLIDATED BALANCE SHEETS
+Added: September 30,
Cash and cash equivalents
4 unchanged sentences
Stockholders' Deficit
−Removed: Common stock, par value $0.001, 1,000,000,000 shares authorized, 22,945,388 and 22,945,388 shares issued and outstanding of shares as of June 30, 2018 and December 31, 2017, respectively
+Added: Common stock, par value $0.001, 1,000,000,000 shares authorized, 22,945,388 and 22,945,388 shares issued and outstanding of shares as of September 31, 2019 and December 31, 2018, respectively
Additional paid in capital
7 unchanged sentences
CONSOLIDATED STATEMENTS OF OPERATIONS
−Removed: Other income (expenses)
−Removed: Gain on the extinguishment of debt
−Removed: Total other income (expenses), net
+Added: September 30,
+Added: September 30,
+Added: September 30,
+Added: September 30,
+Added: Operating expenses
+Added: General and administrative expenses
+Added: Total operating expenses
Income (loss) before provision for income tax
10 unchanged sentences
$ (57,381,515 )
−Removed: $ (51,353,761 )
−Removed: Forgiveness of related party debt
−Removed: Balance, June 30, 2017
+Added: Balance, September 30, 2018
$ (57,381,515 )
2 unchanged sentences
$ (57,381,515 )
−Removed: Balance, June 30, 2018
+Added: Balance, September 30, 2019
$ (57,381,515 )
4 unchanged sentences
OF CASH FLOWS
+Added: September 30,
+Added: September 30,
Cash Flows From Operating Activities
1 unchanged sentence
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
−Removed: Gain on the extinguishment of debt
−Removed: (50,422,035 )
Net cash provided by (used in) operating activities
83 unchanged sentences
for a fair presentation of the financial position, results of operations, and cash flows for the period presented.
−Removed: Because the Company was dormant from the
−Removed: period from February 2010 through January 2021, the Company used the following methodology to prepare its financial statements.
−Removed: assets on the Company’s March 31, 2010 balance were deemed disposed of for no value and fully impaired for quarter beginning
−Removed: April 1, 2010.
−Removed: All Company activities at that became discontinued operations with the exception of accrued interest recorded on
−Removed: outstanding debt.
−Removed: All liabilities outstanding as of March 31, 2010 remained on the Company’s balance sheet accruing interest
−Removed: until the quarter ending March 31, 2017 when they were written off due to the expiration of the Statue of Limitations.
−Removed: As of June 30,
−Removed: 2018 and December 31, 2017 the Company had no assets or liabilities.
+Added: Because the Company was dormant from the period
+Added: from February 2010 through January 2021, the Company used the following methodology to prepare its financial statements.
+Added: All assets on
+Added: the Company’s March 31, 2010 balance were deemed disposed of for no value and fully impaired for quarter beginning April 1, 2010.
+Added: All Company activities at that became discontinued operations with the exception of accrued interest recorded on outstanding debt.
+Added: liabilities outstanding as of March 31, 2010 remained on the Company’s balance sheet accruing interest until the quarter ending
+Added: March 31, 2017 when they were written off due to the expiration of the Statue of Limitations.
+Added: As of September 30, 2019 and December 31,
+Added: 2018 the Company had no assets or liabilities.
GOING CONCERN
−Removed: The accompanying consolidated financial
−Removed: statements have been prepared assuming the Company will continue as a going concern.
−Removed: The Company utilized cash in operations of $-0-
−Removed: for the six months ended June 30, 2018 and as of June 30, 2018 the Company had no cash on hand and a stockholders’
−Removed: deficit of $57,381,515.
+Added: The accompanying consolidated financial statements
+Added: have been prepared assuming the Company will continue as a going concern.
+Added: The Company utilized cash in operations of $-0- for the six
+Added: months ended September 30, 2019 and as of September 30, 2019 the Company had no cash on hand and a stockholders’
These matters raise substantial doubt about the Company’s ability to continue as a going concern.
91 unchanged sentences
COMMITMENTS AND CONTINGENCIES
−Removed: As of June 30, 2018 the Company had 1,000,000,000
+Added: As of September 30, 2019 the Company had 1,000,000,000
shares of common authorized and 22,945,388 shares of common stock issued and outstanding.
80 unchanged sentences
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.