−Removed: Our principal executive offices are located in El Segundo, California where we lease approximately 5,475 square feet under an arrangement
−Removed: that expires in March 2015.
−Removed: In Seymour, Indiana we lease approximately 105,000 square feet for research and development, manufacturing and distribution of our products under an arrangement that expires in January 2018.
−Removed: In Bönen, Germany we
−Removed: lease approximately 1,000 square feet of office space for sales and support staff under an arrangement that expires in December 2018.
−Removed: In Cannara, Italy we own an industrial plant and its occupied real estate to be used for manufacturing and
−Removed: distribution of our products.
−Removed: We believe that our existing facilities are adequate to meet our current needs and that we can renew our existing leases or obtain alternative space on terms that would not have a material impact on our financial
+Added: Company has no properties and at this time has no agreements to acquire any properties.
+Added: The Company currently uses an office provided
+Added: Xudong, the Company’s President and CEO, at no cost to the Company.
+Added: Xudong has agreed to continue this arrangement until
+Added: the Company completes an acquisition or merger.
+Added: We presently do not own any equipment, and do not intend to purchase or lease any equipment
+Added: prior to or upon completion of a business combination.
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.