2 unchanged sentences
Market Information
−Removed: Our common stock is traded on the OTC QB tier of OTC Market Group LLC’s
−Removed: Marketplace under the symbol “PNYG.” As of March 27, 2025, there were 11,500,000 shares of common stock outstanding.
−Removed: The OTC Market is a network of security dealers
−Removed: who buy and sell stock.
−Removed: The dealers are connected by a computer network that provides information on current “bids” and “asks,”
−Removed: as well as volume information.
−Removed: The trading of securities on the OTCQB is often sporadic and investors may have difficulty buying and selling
−Removed: our shares or obtaining market quotations for them, which may have a negative effect on the market price of our common stock.
−Removed: The following table sets forth, for the periods
−Removed: indicated the high and low bid quotations for our common stock.
−Removed: These quotations represent inter-dealer quotations, without adjustment
−Removed: for retail markup, markdown, or commission and may not represent actual transactions.
+Added: Our common stock is traded
+Added: on the OTC QB tier of OTC Market Group LLC’s Marketplace under the symbol “PNYG.” As of March 27, 2026, there
+Added: were 11,500,000 shares of common stock outstanding.
+Added: The OTC Market is a network
+Added: of security dealers who buy and sell stock.
+Added: The dealers are connected by a computer network that provides information on current “bids”
+Added: and “asks,” as well as volume information.
+Added: The trading of securities on the OTCQB is often sporadic and investors may have
+Added: difficulty buying and selling our shares or obtaining market quotations for them, which may have a negative effect on the market price
+Added: of our common stock.
+Added: The following table sets
+Added: forth, for the periods indicated the high and low bid quotations for our common stock.
+Added: These quotations represent inter-dealer quotations,
+Added: without adjustment for retail markup, markdown, or commission and may not represent actual transactions.
Fiscal Year 2025
8 unchanged sentences
Fourth Quarter (October 1, 2024 - December 31, 2024)
−Removed: Based upon information furnished by our transfer agent, as of December
−Removed: 31, 2024, the Company had 22 stockholders of record.
We have never declared or
2 unchanged sentences
We currently intend to retain most, if not all, of our available funds and any future earnings to operate and grow our business.
−Removed: board of directors will have the discretion to declare and pay dividends in the future, subject to applicable PRC regulations and restrictions.
−Removed: The Wholly-Foreign Owned Enterprise Law (1986), as amended, and the Wholly-Foreign Owned Enterprise Law Implementing Rules (1990), as
−Removed: amended, and the Company Law of the PRC (2006), as amended, contain the principal regulations governing dividend distributions by wholly
−Removed: foreign owned enterprises.
−Removed: Under these regulations, wholly foreign owned enterprises may pay dividends only out of their accumulated profits,
−Removed: if any, determined in accordance with PRC accounting standards and regulations.
−Removed: Additionally, such companies are requ ired to set
−Removed: aside a certain amount of their accumulated profits each year, if any, to fund certain reserve funds until such time as the accumulated
−Removed: reserve funds reach and remain above 50% of the registered capital amount.
−Removed: These reserves are not distributable as cash dividends except
−Removed: in the event of liquidation and cannot be used for working capital purposes.
−Removed: Furthermore, if our subsidiaries and affiliates in China
−Removed: incur debt on their own in the future, the instruments governing the debt may restrict its ability to pay dividends or make other payments.
−Removed: If we or our subsidiary and affiliates are unable to receive all of the revenues
−Removed: from our operations through the current contractual arrangements, we may be unable to pay dividends on our common stock.
+Added: Our board of directors will
+Added: have the discretion to declare and pay dividends in the future, subject to applicable PRC regulations and restrictions.
+Added: The Wholly-Foreign
+Added: Owned Enterprise Law (1986), as amended, and the Wholly-Foreign Owned Enterprise Law Implementing Rules (1990), as amended, and the Company
+Added: Law of the PRC (2006), as amended, contain the principal regulations governing dividend distributions by wholly foreign owned enterprises.
+Added: Under these regulations, wholly foreign owned enterprises may pay dividends only out of their accumulated profits, if any, determined
+Added: in accordance with PRC accounting standards and regulations.
+Added: Additionally, such companies are required to set aside a certain amount
+Added: of their accumulated profits each year, if any, to fund certain reserve funds until such time as the accumulated reserve funds reach
+Added: and remain above 50% of the registered capital amount.
+Added: These reserves are not distributable as cash dividends except in the event of
+Added: liquidation and cannot be used for working capital purposes.
+Added: Furthermore, if our subsidiaries and affiliates in China incur debt on their
+Added: own in the future, the instruments governing the debt may restrict its ability to pay dividends or make other payments.
+Added: subsidiary and affiliates are unable to receive all of the revenues from our operations through the current contractual arrangements,
+Added: we may be unable to pay dividends on our common stock.
Recent Sales of Unregistered Securities
1 unchanged sentence
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.