Risks Relating to our Business
−Removed: We have a large accumulated deficit, may incur future losses and may be unable to maintain profitability.
−Removed: As of December 31, 2020, and December 31, 2019, we had an accumulated deficit of $459,937 and $635,584, respectively.
−Removed: As of December 31, 2020, and December 31, 2019, we had stockholders’ equity of $7,279,992 and $8,894,660, respectively.
+Added: We may incur future losses and may be unable to maintain profitability.
We may incur net losses in the future.
13 unchanged sentences
We may fail to develop new products or may incur unexpected expenses or delays.
−Removed: Although we currently have fully developed products available for sale, we may need to develop various new technologies, products and product features and to remain competitive.
+Added: Although we currently have fully developed products available for sale, we may need to develop various new technologies, products and product features and remain competitive.
Due to the risks inherent in developing new products and technologies — limited financing, loss of key personnel, and other factors — we may fail to develop these technologies and products or may experience lengthy and costly delays in doing so.
112 unchanged sentences
Our failure to manage our growth could disrupt our operations and ultimately prevent us from generating the revenues we expect.
−Removed: In order to achieve the above-mentioned targets, the general strategies of our Company are to maintain and search for hard-working employees who have innovative initiatives, as well as to keep a close eye on expansion opportunities through merger and/or acquisition.
+Added: In order to achieve the above-mentioned targets, the general strategies of our Company are to maintain and search for hard-working employees who are innovative and creative, as well as to keep a close eye on expansion opportunities through merger and/or acquisition.
There is a risk associated with COVID-19
5 unchanged sentences
We may pursue strategic acquisitions in the future.
−Removed: Risks in acquisition transactions include difficulties in the integration of acquired businesses into our operations and control environment, difficulties in assimilating and retaining employees and intermediaries, difficulties in retaining the existing clients of the acquired entities, assumed or unforeseen liabilities that arise in connection with the acquired businesses, the failure of counterparties to satisfy any obligations to indemnify us against liabilities arising from the acquired businesses, and unfavorable market conditions that could negatively impact our growth expectations for the acquired businesses.
+Added: Risks in acquisition transactions include difficulties in the integration of acquired assets into our operations and control environment, difficulties in assimilating and retaining employees and intermediaries, difficulties in retaining the existing clients of the acquired entities, assumed or unforeseen liabilities that arise in connection with the acquired assets or businesses, the failure of counterparties to satisfy any obligations to indemnify us against liabilities arising from the acquired assets or businesses, and unfavorable market conditions that could negatively impact our growth expectations for the acquired assets or businesses.
Fully integrating an acquired company or business into our operations may take a significant amount of time.
9 unchanged sentences
forward looking guidance to industry and financial analysts related to future revenue and earnings per share;
−Removed: the net increases in the number of customers and paying subscriptions, either independently or as compared with published expectations of industry, financial or other analysts that cover our company;
+Added: the net increases in the number of customers and customers paying subscriptions, either independently or as compared with published expectations of industry, financial or other analysts that cover our company;
changes in the estimates of our operating results or changes in recommendations by securities analysts that elect to follow our common stock;
17 unchanged sentences
Although our shares have been approved for listing on the NASDAQ Capital Market, our shares may be subject to potential delisting if we do not meet or continue to maintain the listing requirements of the NASDAQ Capital Market.
−Removed: Our shares have been approved for and currently trading on The Nasdaq Capital Market (“Nasdaq”); however Nasdaq has rules for continued listing, including, without limitation, minimum market capitalization and other requirements.
+Added: Our shares have been approved for and are currently trading on The Nasdaq Capital Market (“Nasdaq”); however Nasdaq has rules for continued listing, including, without limitation, minimum market capitalization and other requirements.
Failure to maintain our listing, or delisting from Nasdaq, would make it more difficult for shareholders to dispose of our common stock and more difficult to obtain accurate price quotations on our common stock.
36 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.