2 unchanged sentences
2024 filed with the SEC on September 4, 2024, as well as the following updated Risk Factor:
−Removed: of May 31, 2024, we had $36,679 in cash and a working capital deficit of $2,109,148.
+Added: of August 31, 2024, we had $102,006 in cash and a working capital deficit of $3,664,705.
Our existing cash on hand and anticipated revenues
2 unchanged sentences
compliance with the Nasdaq continued listing requirements and implement our business plan.
−Removed: There is no assurance as to the amount and availability
−Removed: of any required future financing or the terms thereof.
−Removed: Such financing, if in the form of equity, may be highly dilutive to our existing
−Removed: stockholders and may otherwise include onerous terms.
−Removed: If in the form of debt, such financing may include covenants and repayment obligations
−Removed: which may be difficult to meet and that could adversely affect our business operations.
−Removed: We have no current understanding or arrangement
−Removed: to obtain any additional financing.
−Removed: To the extent that funds are not available to us, we may be required to delay, limit, or terminate
−Removed: our business operations and may lose our Nasdaq listing.
+Added: There is no assurance as to the amount and
+Added: availability of any required future financing or the terms thereof.
+Added: Such financing, if in the form of equity, may be highly dilutive
+Added: to our existing stockholders and may otherwise include onerous terms.
+Added: If in the form of debt, such financing may include covenants and
+Added: repayment obligations which may be difficult to meet and that could adversely affect our business operations.
+Added: We have no current understanding
+Added: or arrangement to obtain any additional financing.
+Added: To the extent that funds are not available to us, we may be required to delay, limit,
+Added: or terminate our business operations and may lose our Nasdaq listing.
light of the foregoing, there is substantial doubt about our ability to continue as a going concern for 12 months from the date of the
filing of this Quarterly Report,
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: DEFAULTS UPON SENIOR SECURITIES.
−Removed: MINE SAFETY DISCLOSURES.
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.