3 unchanged sentences
At March 31, 2003, we had cash and cash equivalents of
−Removed: $4,176,292 and restricted cash of $693,286.
−Removed: Cash and cash equivalents consisted
−Removed: of demand deposits and money market accounts.
−Removed: Because of the cash equivalency of
−Removed: the money market accounts and the liquidity thereof, there is no material
−Removed: exposure to interest rates for these accounts.
−Removed: The Company also has short-term notes payable in the amount of $693,286, at
−Removed: March 31, 2002.
−Removed: These notes are due and payable in six months.
+Added: Cash and cash equivalents consisted of demand deposits and money
+Added: market accounts.
+Added: Because of the cash equivalency of the money market accounts
+Added: and the liquidity thereof, there is no material exposure to interest rates for
+Added: these accounts.
+Added: The Company also has short-term notes payable in the amount of $56,224, at March
+Added: These notes are due and payable in less than one year.
Because of the
10 unchanged sentences
the cumulative translation loss was $93,306.
−Removed: Given the relative stability of
−Removed: the Canadian and U.S.
−Removed: dollar exchange rate, the Company has not deemed it
−Removed: necessary to hedge this exposure.
+Added: Given the relative stability of the
+Added: Canadian and U.S.
+Added: dollar exchange rate, the Company has not deemed it necessary
+Added: to hedge this exposure.
+Added: The Company does actively monitor the situation and as
+Added: of March 31, 2003 there has been a small but trending decline in the U.S.
+Added: against the Canadian dollar.
+Added: Should the trend continue, the Company would seek
+Added: to limit or hedge the exposure.
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.