54 unchanged sentences
business, industry or geographical location and, thus, may acquire any type of business.
−Removed: The Company currently does not engage in any business
−Removed: activities that provide cash flow.
+Added: The Company currently does not engage in any business activities that
+Added: provide cash flow.
During the next twelve months we anticipate incurring costs related to:
−Removed: filing Exchange Act reports, and
−Removed: investigating, analyzing and consummating an acquisition.
−Removed: We believe we will be able to meet these
−Removed: costs through use of funds to be loaned by or invested in us by our stockholders, management or other investors.
−Removed: As of March 31,
−Removed: 2022, the Company had $9,630 in cash.
−Removed: There are no assurances that the Company will be able to secure any additional funding as
−Removed: Currently, however, our ability to continue as a going concern is dependent upon our ability to generate future profitable
−Removed: operations and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business
−Removed: operations when they come due.
−Removed: Our ability to continue as a going concern is also dependent on our ability to find a suitable target
−Removed: company and enter into a possible reverse merger with such company.
−Removed: Management’s plan includes obtaining additional funds by
−Removed: equity financing through a reverse merger transaction and/or related party advances, however, there is no assurance of additional
−Removed: funding being available.
+Added: (i) filing Exchange Act reports, and
+Added: (ii) investigating, analyzing and consummating an acquisition.
+Added: We believe we will be able to meet these costs
+Added: through use of funds to be loaned by or invested in us by our stockholders, management or other investors.
+Added: As of June 30, 2022, the Company
+Added: had $3,139 in cash.
+Added: There are no assurances that the Company will be able to secure any additional funding as needed.
+Added: Currently, however,
+Added: our ability to continue as a going concern is dependent upon our ability to generate future profitable operations and/or to obtain the
+Added: necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due.
+Added: ability to continue as a going concern is also dependent on our ability to find a suitable target company and enter into a possible reverse
+Added: merger with such company.
+Added: Management’s plan includes obtaining additional funds by equity financing through a reverse merger transaction
+Added: and/or related party advances, however, there is no assurance of additional funding being available.
The Company may consider acquiring a business
10 unchanged sentences
and early stage or potential emerging growth companies.
−Removed: In addition, we may effect a business combination with an entity in an industry
+Added: In addition, we may affect a business combination with an entity in an industry
characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target
21 unchanged sentences
and financial markets worldwide.
−Removed: The business of any potential target business with which we consummate a business combination could be
−Removed: materially and adversely affected.
−Removed: Furthermore, we may be unable to complete a business combination if continued concerns relating to
−Removed: COVID-19 restrict travel, limit the ability to have meetings with potential investors or the target company’s personnel, vendors
+Added: The business of any potential target business with which we consummate a business combination could
+Added: be materially and adversely affected.
+Added: Furthermore, we may be unable to complete a business combination if continued concerns relating
+Added: to COVID-19 restrict travel, limit the ability to have meetings with potential investors or the target company’s personnel, vendors
and services providers are unavailable to negotiate and consummate a transaction in a timely manner.
9 unchanged sentences
Liquidity and Capital Resources
−Removed: As of March 31, 2022, the Company had total
−Removed: assets equal to $9,630 comprised exclusively of cash.
−Removed: The Company’s current liabilities as of March 31, 2022 totaled $29,875
−Removed: comprised of accounts payable and accrued expenses, advances from a stockholder, and amounts due under a note payable to a
−Removed: stockholders.
−Removed: The Company can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve
+Added: As of June 30, 2022, the Company had total assets
+Added: equal to $3,139 comprised exclusively of cash.
+Added: The Company’s current liabilities as of June 30, 2022 totaled $33,875 comprised of
+Added: accounts payable and accrued expenses, advances from a stockholder, and amounts due under a note payable to stockholders.
+Added: can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve months.
The following is a summary of the Company’s
−Removed: cash flows provided by (used in) operating and financing activities for the three months ended March 31, 2022:
+Added: cash flows provided by (used in) operating and financing activities for the six months ended June 30, 2022:
Net Cash Used In Operating Activities
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interest rate on the note shall accrue at the rate of eighteen percent (18%) per annum.
−Removed: As of March 31, 2022, the total amount due under
+Added: As of June 30, 2022, the total amount due under
the note was $22,005.
3 unchanged sentences
No revenue has been generated by the Company for the
−Removed: three months ended March 31, 2022.
+Added: six months ended June 30, 2022.
It is unlikely the Company will have any revenues unless it is able to effect an acquisition or merger
4 unchanged sentences
to continue its efforts to locate suitable acquisition candidates.
−Removed: For the three months ended March 31, 2022, the
−Removed: Company had a net loss of $7,827 comprised of accounting, audit and other professional service fees incurred in relation to the preparation
−Removed: and filing of the Company’s SEC filings and general and administrative expenses.
+Added: For the three and six months ended June 30, 2022,
+Added: the Company had a net loss of $10,491 and $18,318, comprised of accounting, audit and other professional service fees incurred in relation
+Added: to the preparation and filing of the Company’s SEC filings and general and administrative expenses.
Off-Balance Sheet Arrangements
18 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.