80 unchanged sentences
such funds will be advanced or that the Company will be able to secure any additional funding as needed.
−Removed: As of March 31, 2024, the Company
+Added: As of June 30, 2024, the Company
had cash of $522.
15 unchanged sentences
percent (18%) per annum.
−Removed: As of March 31, 2024, the total amount due under the note was $109,525.
+Added: As of June 30, 2024, the total amount due under the note was $122,025.
The note is filed herewith as Exhibit
9 unchanged sentences
assurance of additional funding being available.
−Removed: As of March 31, 2024, the Company had $10,183
−Removed: of cash and has not earned any revenues from operations to date.
+Added: As of June 30, 2024, the Company had $522 of cash
+Added: and has not earned any revenues from operations to date.
In the next 12 months, we expect to incur expenses equal to approximately $40,000
−Removed: $40,000 related to legal, accounting, audit, and other professional service fees incurred in relation to the Company’s Exchange
−Removed: Act filing requirements.
−Removed: The costs related to the acquisition of a business combination target company vary widely and are dependent on
−Removed: a variety of factors including, but not limited to, the amount of time it takes to complete a business combination, the location of the
−Removed: target company, the size and complexity of the business of the target company, whether stockholders of the Company prior to the transaction
−Removed: will retain equity in the Company, the scope of the due diligence investigation required, the involvement of the Company’s auditors
−Removed: in the transaction, possible changes in the Company’s capital structure in connection with the transaction, and whether funds may
−Removed: be raised contemporaneously with the transaction.
−Removed: Therefore, we believe such costs are unascertainable until the Company identifies a
−Removed: business combination target.
+Added: related to legal, accounting, audit, and other professional service fees incurred in relation to the Company’s Exchange Act filing
+Added: requirements.
+Added: The costs related to the acquisition of a business combination target company vary widely and are dependent on a variety
+Added: of factors including, but not limited to, the amount of time it takes to complete a business combination, the location of the target company,
+Added: the size and complexity of the business of the target company, whether stockholders of the Company prior to the transaction will retain
+Added: equity in the Company, the scope of the due diligence investigation required, the involvement of the Company’s auditors in the transaction,
+Added: possible changes in the Company’s capital structure in connection with the transaction, and whether funds may be raised contemporaneously
+Added: with the transaction.
+Added: Therefore, we believe such costs are unascertainable until the Company identifies a business combination target.
These conditions raise substantial doubt about our ability to continue as a going concern.
−Removed: The Company is
−Removed: currently devoting its efforts to locating merger candidates.
−Removed: The Company’s ability to continue as a going concern is dependent
−Removed: upon our ability to develop additional sources of capital, locate and complete a merger with another company, and ultimately, achieve
−Removed: profitable operations.
+Added: The Company is currently devoting its efforts
+Added: to locating merger candidates.
+Added: The Company’s ability to continue as a going concern is dependent upon our ability to develop additional
+Added: sources of capital, locate and complete a merger with another company, and ultimately, achieve profitable operations.
The Company may consider acquiring a business,
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Liquidity and Capital Resources
−Removed: As of March 31, 2024 the Company had total assets
+Added: As of June 30, 2024, the Company had total assets
equal to $522 comprised exclusively of cash.
−Removed: The Company’s current liabilities as of March 31, 2024 totaled $130,925 and was
−Removed: comprised of accounts payable and accrued expenses and amounts due under a note payable to a stockholders.
−Removed: The Company can provide no
−Removed: assurance that it can continue to satisfy its cash requirements for at least the next twelve months.
+Added: The Company’s current liabilities as of June 30, 2024 totaled $132,725 and was comprised
+Added: of accounts payable and accrued expenses and amounts due under a note payable to a stockholders.
+Added: The Company can provide no assurance
+Added: 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
cash flows provided by (used in) operating and financing activities:
−Removed: the three months ended
+Added: For the six months ended
Net Cash Used In Operating Activities
26 unchanged sentences
interest rate on the note shall accrue at the rate of eighteen percent (18%) per annum.
−Removed: As of March 31, 2024, the total amount due under
+Added: As of June 30, 2024, the total amount due under
the note was $122,025.
3 unchanged sentences
No revenue has been generated by the Company for the
−Removed: three months ended March 31, 2024.
+Added: six months ended June 30, 2024.
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, 2024 and
−Removed: 2023, the Company had a net loss of $11,291 and $12,799 respectively, comprised of accounting, audit and other professional service fees
−Removed: incurred in relation to the preparation and filing of the Company’s SEC filings and general and administrative expenses.
+Added: three months ended June 30, 2024, and 2023, the Company had a net loss of $11,461 and $12,837, respectively, and for the six months ended
+Added: June 30, 2024 and 2023, the Company had a net loss of $22,752 and $25,636 respectively , comprised of accounting, audit and other
+Added: professional service fees incurred in relation to the preparation and filing of the Company’s SEC filings and general and administrative
In the next 12 months, we expect to incur expenses
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.