12 unchanged sentences
Opinion on the Financial Statements
−Removed: We have audited the accompanying balance sheet of Green Planet Bioengineering Co., Ltd.
−Removed: (the Company) as of December 31, 2022, and the related statement of operations, stockholders’ deficit, and cash flows for the year ended December 31, 2022, and the related notes (collectively referred to as the financial statements).
−Removed: In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2022, and the results of its operations and its cash flows for year ended December 31, 2022, in conformity with accounting principles generally accepted in the United States of America.
+Added: We have audited the accompanying balance sheets of Green Planet Bioengineering Co., Ltd.
+Added: (the Company) as of December 31, 2023 and 2022, and the related statements of operations, stockholders' deficit, and cash flows for each of the years in the two-year period ended December 31, 2023, and the related notes (collectively referred to as the financial statements).
+Added: In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.
Explanatory Paragraph- Going Concern
The accompanying financial statements have been prepared assuming the Company will continue as a going concern.
−Removed: As discussed in Note 3 to the financial statements, the Company is currently a public reorganized shell corporation and has no current business activity.
−Removed: The Company has net loss and stockholders’ deficit of $32,533 and $381,920, respectively, as of December 31, 2022.
+Added: As discussed in Note 3 to the financial statements, the Company currently a public reorganized shell corporation and has no current business activity with losses of $ 47,670 as of December 31, 2023.
The Company's ability to continue as a going concern is dependent on continued support from a related party.
These factors raise substantial doubt about the Company's ability to continue as a going concern.
+Added: This gives rise to substantial doubt about the Company's ability to continue as a going concern for a period of twelve months after the issuance of these financial statements.
Management's plans concerning these matters are also described in Note 3.
21 unchanged sentences
March 29, 2024
−Removed: REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
−Removed: To the Board of Directors and Stockholders of
Green Planet Bioengineering Co., Ltd
−Removed: Opinion on the Financial Statements
−Removed: We have audited the accompanying balance sheet of Green Planet Bioengineering Co., Ltd.
−Removed: (the Company) as of December 31, 2021, and the related statements of operations, stockholders' deficit, and cash flows for the years ended December 31, 2021, and the related notes (collectively referred to as the financial statements).
−Removed: In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2021, and the results of its operations and its cash flows for the year ended December 31, 2021, in conformity with accounting principles generally accepted in the United States of America.
−Removed: Going Concern
−Removed: The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.
−Removed: As discussed in Note 3 to the financial statements, the Company is currently a public reorganized shell corporation and has no current business activity.
−Removed: The Company's ability to continue as a going concern is dependent on continued support from a related party.
−Removed: These factors raise substantial doubt about the Company's ability to continue as a going concern.
−Removed: Management's plans concerning these matters are also described in Note 3.
−Removed: The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
−Removed: Basis for Opinion
−Removed: These financial statements are the responsibility of the Company's management.
−Removed: Our responsibility is to express an opinion on the Company's financial statements based on our audits.
−Removed: We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S.
−Removed: federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
−Removed: We conducted our audits in accordance with the standards of the PCAOB.
−Removed: Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
−Removed: The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting.
−Removed: As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting.
−Removed: Accordingly, we express no such opinion.
−Removed: Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks.
−Removed: Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
−Removed: Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.
−Removed: We believe that our audits provide a reasonable basis for our opinion.
−Removed: Critical Audit Matters
−Removed: Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments.
−Removed: We determined that there were no critical audit matters.
−Removed: We have served as the Company's auditor since 2019.
−Removed: Boynton Beach, Florida
−Removed: March 14, 2022
−Removed: Green Planet Bioengineering Co., Ltd
Balance Sheets
1 unchanged sentence
Current assets
−Removed: Cash and cash equivalents
TOTAL CURRENT ASSETS
1 unchanged sentence
Current liabilities
+Added: Accounts payable and accrued liabilities
Amount due to a related party
2 unchanged sentences
Preferred stock :
−Removed: par value of $ 0.001 per share
+Added: par value of $ 0.001 per share, Authorized:
+Added: 10,000,000 shares at December 31, 2023 and December 31, 2022 Issued and outstanding :
0 shares at December 31, 2023 and December 31, 2022
−Removed: Issued and outstanding:
−Removed: None at December 31, 2022 and December 31, 2021
Common stock :
−Removed: par value of $ 0.001 per share
−Removed: 250,000,000 shares at December 31, 2022 and December 31, 2021
−Removed: Issued and outstanding:
+Added: par value $ 0.001 per share Authorized :
+Added: 250,000,000 shares at December 31, 2023 and December 31, 2022 Issued and outstanding :
20,006,402 shares at December 31, 2023 and December 31, 2022
2 unchanged sentences
( 1,059,210 )
+Added: ( 1,011,540 )
TOTAL STOCKHOLDERS’ DEFICIT
6 unchanged sentences
Administrative expenses
−Removed: Loss before income tax
+Added: Interest expenses
+Added: Loss before income taxes
Provision for income taxes
8 unchanged sentences
(Stated in US Dollars)
−Removed: Years ended December 31,
+Added: Year ended December 31,
Cash flows from operating activities
Changes in operating assets and liabilities :
−Removed: Accounts payable
−Removed: Net cash flows used in operating activities
+Added: Accounts payable and accrued liabilities
+Added: Net cash flows used by operating activities
+Added: Cash flows from investing activities
Cash flows from financing activities
−Removed: Amount due to a related party
+Added: Amount due to a related company
Net cash flows provided by financing activities
−Removed: Net decrease in cash and cash equivalents
−Removed: Cash and cash equivalents – beginning of year
−Removed: Cash and cash equivalents – end of year
+Added: Net change in cash
+Added: Cash - beginning of period
+Added: Cash - end of period
Supplemental disclosures for cash flow information:
104 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.