8 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, 2020 and December 31, 2019, 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 March 31, 2020 and December 31, 2019, respectively
Additional paid in capital
22 unchanged sentences
$ (57,381,515 )
−Removed: Balance, June 30, 2019
+Added: Balance, March 31, 2019
$ (57,381,515 )
2 unchanged sentences
$ (57,381,515 )
−Removed: Balance, June 30, 2020
+Added: Balance, March 31, 2020
$ (57,381,515 )
7 unchanged sentences
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
−Removed: Net cash provided by (used in) operating activities
+Added: Net cash (used in) provided by financing activities from continuing operations
Net (decrease) increase in cash and cash equivalents
1 unchanged sentence
Cash and cash equivalents, end of period
−Removed: Supplemental disclosure of cash flow information
accompanying notes are an integral part of these unaudited financial statements
79 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: 2020 and December 31, 2019 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 March 31, 2020 and December 31, 2019
+Added: 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, 2020 and as of June 30, 2020 the Company had no cash on hand and a stockholders’
+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 three
+Added: months ended March 31, 2020 and as of March 31, 2020 the Company had no cash on hand and a stockholders’
deficit of $57,381,515.
92 unchanged sentences
COMMITMENTS AND CONTINGENCIES
−Removed: As of June 30, 2020 the Company had 1,000,000,000
+Added: As of March 31, 2020 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.