RISK FACTORS.
−Removed: should consider the “Risk Factors” included under Item 1A of our Annual Report on Form 10-K for the year ended February 29,
−Removed: 2024 filed with the SEC on September 4, 2024, as well as the following updated Risk Factor:
−Removed: of November 30, 2024, we had $15,385 in cash and a working capital deficit of $4,869,586.
−Removed: Our existing cash on hand and anticipated revenues
−Removed: are not sufficient to fund our anticipated operating costs.
−Removed: We will need to raise additional financing to fund our operations, maintain
−Removed: compliance with the Nasdaq continued listing requirements and implement our business plan.
−Removed: There is no assurance as to the amount and
−Removed: availability of any required future financing or the terms thereof.
−Removed: Such financing, if in the form of equity, may be highly dilutive
−Removed: to our existing stockholders and may otherwise include onerous terms.
−Removed: If in the form of debt, such financing may include covenants and
−Removed: repayment obligations which may be difficult to meet and that could adversely affect our business operations.
−Removed: We have no current understanding
−Removed: or arrangement to obtain any additional financing.
−Removed: To the extent that funds are not available to us, we may be required to delay, limit,
−Removed: or terminate our business operations and may lose our Nasdaq listing.
−Removed: 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
−Removed: filing of this Quarterly Report,
+Added: You should consider the “Risk Factors”
+Added: included under Item 1A of our Annual Report on Form 10-K for the year ended February 29, 2025 filed with the SEC on May 29, 2025, as well
+Added: as the following updated Risk Factor:
+Added: As of May 31, 2025, we had $130,906 in cash and
+Added: a working capital deficit of $1,142,891.
+Added: Our existing cash on hand and anticipated revenues are not sufficient to fund our anticipated
+Added: operating costs.
+Added: We will need to raise additional financing to fund our operations, maintain compliance with the Nasdaq continued listing
+Added: requirements and implement our business plan.
+Added: There is no assurance as to the amount and availability of any required future financing
+Added: or the terms thereof.
+Added: Such financing, if in the form of equity, may be highly dilutive to our existing stockholders and may otherwise
+Added: include onerous terms.
+Added: If in the form of debt, such financing may include covenants and repayment obligations which may be difficult to
+Added: meet and that could adversely affect our business operations.
+Added: We have no current understanding or arrangement to obtain any additional
+Added: To the extent that funds are not available to us, we may be required to delay, limit, or terminate our business operations
+Added: and may lose our Nasdaq listing.
+Added: In light of the foregoing, there is substantial
+Added: doubt about our ability to continue as a going concern for 12 months from the date of the filing of this Quarterly Report,
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.