2 unchanged sentences
interest rates.
−Removed: At June 30, 2003, we had cash and cash equivalents of
+Added: At September 30, 2003, we had cash and cash equivalents of
Cash and cash equivalents consisted of demand deposits and money
3 unchanged sentences
rates for these accounts.
−Removed: The Company also has short-term notes payable in the amount of $37,925, at June
+Added: The Company also has short-term notes payable in the amount of $21,925, at
+Added: September 30, 2003.
These notes are due and payable within one year.
−Removed: Because of the
−Removed: short-term nature of the notes and the fixed rate on the notes, there is no
+Added: the short-term nature of the notes and the fixed rate on the notes, there is no
material exposure to changes in interest rates for these accounts.
−Removed: does not have any derivative or hedge instruments at June 30, 2003.
+Added: does not have any derivative or hedge instruments at September 30, 2003.
Semotus has a permanent engineering operation in Vancouver, B.C., Canada and
4 unchanged sentences
records translation gains and losses in Comprehensive Loss.
−Removed: At June 30, 2003,
+Added: At September 30,
2003, the cumulative translation loss was $78,039.
−Removed: Given the relative stability of the
−Removed: Canadian and U.S.
−Removed: dollar exchange rate, the Company has not deemed it necessary
−Removed: to hedge this exposure.
−Removed: The Company does actively monitor the situation and as
−Removed: of June 30, 2003 there has been a small but trending decline in the U.S.
−Removed: against the Canadian dollar.
−Removed: Should the trend continue, the Company would seek
−Removed: to limit or hedge the exposure.
+Added: Given the relative stability
+Added: of the Canadian and U.S.
+Added: dollar exchange rate, the Company has not deemed it
+Added: necessary to hedge this exposure.
+Added: The Company does actively monitor the
+Added: situation and as of September 30, 2003 there has been a small but trending
+Added: decline in the U.S.
+Added: dollar against the Canadian dollar.
+Added: Should the trend
+Added: continue, the Company may seek 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.