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In addition, in the relatively short period with which the world has been dealing with this pandemic, significant economic turmoil has already impacted world markets.
−Removed: Numerous nationally recognized economists are predicting that the disease will lead to a worldwide recession.
−Removed: Should that occur, we can expect that our sales, net income and cash flows will be negatively impacted.
+Added: Should a recession occur, either as a result of the pandemic, lack of stability, armed conflicts in various countries or for any other reason, we can expect that our sales, net income and cash flows will be negatively impacted.
While the governmental organizations of the United States, as well as governments across the world, are implementing emergency economic measures and announcing the consideration of additional emergency economic assistance packages, it is unclear what impact they are having, and will have, on the economy in the United States and worldwide.
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In addition, even following control of the disease and the end of the pandemic, the economic dislocation caused by the disease to so many people may linger and be so significant that consumers’ focus could be directed away from spending for products such as ours for an extended period of time.
−Removed: In addition, if the economy does not begin recovering and foodservice revenues do not increase, there could be financial stress on the Company which may require the Company to take additional measures appropriate under those circumstances.
−Removed: For all of these reasons, the impact on sales, net income and cash flows can be significant depending on the items mentioned above but at this time we cannot quantify the specific extent of the impact this disease will have on our sales, net income and cash flows.
+Added: In addition, if the economy does not begin recovering and foodservice revenues do not continue to increase or if there are changes in any of the markets which we sell into or in any of our relationships , there could be financial stress on the Company which may require the Company to take additional measures appropriate under those circumstances.
+Added: For all of these reasons, the impact on sales, net income and cash flows can be significant depending on the items mentioned above but at this time we cannot quantify the specific extent of the impact this disease or other market factors will have on our sales, net income and cash flows.
We Have a History of Losses Requiring Us to Seek Additional Sources of Capital.
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Any (i) failure by us to comply with the covenants or other provisions of the loan documents, (ii) difficulty in securing any required future financing, or (iii) any such seizure or attachment of assets could have a material adverse effect on our business and financial condition.
−Removed: The Recent Acquisition of Substantially All of the Assets of igourmet LLC and Mouth Foods, Inc.
+Added: The Acquisition of Substantially All of the Assets of igourmet LLC and Mouth Foods, Inc.
Could Create Additional Risks to Our Business.
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Changes in government regulation and supervision or proposed Department of Agriculture or other regulatory agency reforms or rule changes could impair our sources of revenue and limit our ability to expand our business.
−Removed: In the event any future laws or regulations are enacted which apply to us, we may have to expend funds and/or alter our operations to insure compliance.
+Added: In the event any future laws or regulations are enacted which apply to us, we may have to expend funds and/or alter our operations to ensure compliance.
New legislation or regulation, or the application of existing laws and regulations to the areas related to our business could add additional costs and risks to doing business.
35 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.