12 unchanged sentences
LOSSES AND ANTICIPATE FUTURE LOSSES
−Removed: As of December
−Removed: 31, 2024, we had an accumulated deficit of $32,300,436 and a stockholders’
−Removed: deficit of $53,995.
Future losses
71 unchanged sentences
may arise that can be resolved only through exercise of such judgment as is consistent with fiduciary duties to us.
−Removed: See "Directors
−Removed: and Executive Officers"
−Removed: and "Conflicts of Interest,"
+Added: See “Directors
+Added: and Executive Officers”
+Added: and “Conflicts of Interest,”
WE MAY DEPEND
4 unchanged sentences
Our Board, without any input from stockholders, will make the selection of any such advisors.
−Removed: it is anticipated that such persons may be engaged on an "as needed"
+Added: it is anticipated that such persons may be engaged on an “as needed”
basis without a continuing fiduciary or other obligation
17 unchanged sentences
customers or accredited investors.
−Removed: For purposes of the rule, the phrase "accredited investors"
+Added: For purposes of the rule, the phrase “accredited investors”
means, in general terms, institutions
with assets in excess of $5,000,000, or individuals having a net worth in excess of $1,000,000 or having an annual income that exceeds
−Removed: $200,000 (or that, when combined with a spouse's income, exceeds $300,000).
+Added: $200,000 or, when combined with their spouse’s income, exceeds $300,000.
For transactions
−Removed: covered by the rule, the broker-dealer must make a special suitability determination for the purchaser and receive the purchaser's written
+Added: covered by the rule, the broker-dealer must make a special suitability determination for the purchaser and receive the purchaser’s written
agreement to the transaction prior to the sale.
1 unchanged sentence
and also may affect the ability of purchasers in this offering to sell their securities in any market that might develop.
−Removed: the Securities and Exchange Commission has adopted a number of rules to regulate "penny stocks."
+Added: the Securities and Exchange Commission has adopted a number of rules to regulate “penny stocks.”
Such rules include Rules 3a51-1,
1 unchanged sentence
Because our securities
−Removed: constitute "penny stocks"
+Added: constitute “penny stocks”
within the meaning of the rules, the rules would apply to us and to our securities.
6 unchanged sentences
(ii) manipulation of prices through prearranged matching of purchases and sales and false and misleading press
−Removed: (iii) "boiler room"
+Added: (iii) “boiler room”
practices involving high-pressure sales tactics and unrealistic price projections by inexperienced
35 unchanged sentences
is subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, (iii) the Company has filed all
−Removed: required reports under the Exchange Act for the preceding 12 months and (iv) one year has elapsed since the Company filed "Form 10"
+Added: required reports under the Exchange Act for the preceding 12 months and (iv) one year has elapsed since the Company filed “Form 10”
Thus, a shareholder
1 unchanged sentence
has ceased to be a shell company either by effecting a business combination or by developmental growth, the Company has remained current
−Removed: on its Exchange Act filings for 12 months and the Company has filed the information as would be required by a "Form 10"
+Added: on its Exchange Act filings for 12 months and the Company has filed the information as would be required by a “Form 10”
audited financial statements, management information and compensation, shareholder information, etc.)
41 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.