46 unchanged sentences
Notwithstanding, the Company has established
−Removed: a reserve in the amount of the unpaid portion of the purchase agreement.
−Removed: An unfavorable outcome may have a material adverse effect on
−Removed: the Company’s business, financial condition and results of operations.
+Added: a reserve in the amount of the unpaid portion of the purchase agreement, which is included in accounts payable and accrued expenses.
+Added: unfavorable outcome may have a material adverse effect on the Company’s business, financial condition and results of operations.
Ding Gu (a/k/a Frank Gu) and Xiaodan Wang Litigation
34 unchanged sentences
The Company is fully cooperating with this non-public, fact-finding inquiry and
−Removed: Management believe that the Company has operated its business in compliance with all applicable laws.
+Added: Management believes that the Company has operated its business in compliance with all applicable laws.
The subpoena expressly provides
−Removed: that the inquiry is not to be construed as an indication by the Commission or its staff that any violations of the federal securities
−Removed: laws have occurred, nor should it be considered a reflection upon any person, entity or security.
−Removed: However, there can be no assurance as
−Removed: to the outcome of this matter.
+Added: that the inquiry is not to be construed as an indication by the SEC or its staff that any violations of the federal securities laws have
+Added: occurred, nor should it be considered a reflection upon any person, entity or security.
+Added: However, there can be no assurance as to the outcome
+Added: of this matter.
Other Litigation Matters
22 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.