4 unchanged sentences
Controls and Procedures
−Removed: management conducted an evaluation, with the participation of our chief
+Added: management conducted an evaluation, with the participation of our then-chief
executive officer and then-chief financial officer, of the effectiveness of our
6 unchanged sentences
reports we file or submit under the Exchange Act.
−Removed: to file our Annual Report on Form 10-K for the fiscal year ended October 31,
−Removed: 2009 on a timely basis.
−Removed: We have retained a British charter
−Removed: accountant, with fifteen years of experience in the preparation and filing of
−Removed: reports under the Exchange Act, to assist us in improving our disclosure
−Removed: contracts and procedures.
+Added: to file our 10-Q for the quarter ending January 31, 2010 on a timely
+Added: We are attempting to resolve such ineffective disclosure
+Added: controls and procedures and, to such end, we have retained outside accountants
+Added: to assist us in revising our systems and provide financial reporting
Changes in Internal Control
over Financial Reporting
−Removed: connection with our acquisition of Limited, we have adopted new internal
−Removed: controls over the financial reporting and disclosure controls and procedures in
−Removed: anticipation of our transition from an advance-stage development company to
−Removed: commencement of operations.
−Removed: We also retained ECFO
−Removed: Corporation in January 2010 to assist us in preparing our financial statements
−Removed: in conformity with accounting principles generally accepted in the United
−Removed: Further, in January 2010, Mike Starkie, an individual with
−Removed: substantial experience is preparing financial statements meeting the reporting
−Removed: obligations of the Securities Exchange Act of 1934, was appointed as our interim
−Removed: Chief Financial Officer.
−Removed: We also intend to retain the services of a
−Removed: British Chartered Accounting firm to assist us in maintaining our financial
−Removed: books and records and in the preparation of our future periodic reports we file
−Removed: with the U.S.
−Removed: Securities and Exchange Commission in accordance with the
−Removed: reporting requirements of the Exchange Act.
+Added: the process of adopting new internal controls over the financial reporting as we
+Added: migrate from a development stage company to an operating
+Added: Since January 1, 2010, we have retained Tim Bowen as our
+Added: Chief Executive Officer and Mike Starkie as our President and Acting Chief
+Added: Financial Officer.
+Added: These two executive officers have substantial
+Added: management and financial experience, including acting as executive officers of a
+Added: number of publicly-held companies.
II – OTHER INFORMATION
2 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.