2 unchanged sentences
Our common stock has been quoted on the OTCQB, under the symbol “SKYE”.
−Removed: Previously, it traded under the symbol “EMBI” until January 19, 2021.
−Removed: There can be infrequent trading volume, which precipitates wide spreads in the “bid” and “ask” quotes of our common stock, on any given day.
+Added: You should be aware that over-the-counter market quotations may reflect inter-dealer prices, without retail mark-up, mark-down or commissions and may not necessarily represent actual transactions.
On March 20, 2024, the last reported sale price of our common stock on the OTCQB was $12.65 per share.
−Removed: The following table sets forth, for the quarters indicated, the high and low bid prices per share of our common stock on the OTCQB, reported by the Financial Industry Regulatory Authority Composite Feed or other qualified interdealer quotation medium.
−Removed: Such quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission, and may not represent actual transactions.
−Removed: Quarter Ended High Low
−Removed: December 31, 2022 $ 0.03 $ 0.01
−Removed: September 30, 2022 0.04 0.02
−Removed: June 30, 2022 0.06 0.03
−Removed: March 31, 2022 0.06 0.03
−Removed: December 31, 2021 0.11 0.05
−Removed: September 30, 2021 0.18 0.08
−Removed: June 30, 2021 0.26 0.08
−Removed: March 31, 2021 0.25 0.04
As of March 20, 2024, there were 109 stockholders of record.
4 unchanged sentences
Any dividends declared in the future will be at the discretion of our Board and subject to any restrictions that may be imposed by our lenders.
+Added: Performance Graph.
+Added: We were a smaller reporting company, as defined by Rule 12b-2 of the Securities Exchange Act of 1934, as amended, as of December 31, 2023, and are not required to provide a performance graph.
Recent Sales of Unregistered Securities.
1 unchanged sentence
None during the fiscal year ended December 31, 2023 covered by this Annual Report.
−Removed: Penny Stock Regulation.
−Removed: Shares of our common stock are subject to rules adopted by the SEC that regulate broker-dealer practices in connection with transactions in “penny stocks.” Penny stocks are generally equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that current price and volume information with respect to transactions in those securities is provided by the exchange or system).
−Removed: The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, deliver a standardized risk disclosure document prepared by the SEC, which contains the following:
−Removed: • a description of the nature and level of risk in the market for penny stocks in both public offerings and secondary trading;
−Removed: • a description of the broker’s or dealer’s duties to the customer and of the rights and remedies available to the customer with respect to violation to such duties or other requirements of securities’ laws;
−Removed: • a brief, clear, narrative description of a dealer market, including “bid” and “ask” prices for penny stocks and the significance of the spread between the “bid” and “ask” price;
−Removed: • a toll-free telephone number for inquiries on disciplinary actions;
−Removed: • definitions of significant terms in the disclosure document or in the conduct of trading in penny stocks; and
−Removed: • such other information and is in such form (including language, type, size and format), as the SEC shall require by rule or regulation.
−Removed: Table of Cont ents
−Removed: Prior to affecting any transaction in penny stock, the broker-dealer also must provide the customer the following:
−Removed: • the bid and offer quotations for the penny stock;
−Removed: • the compensation of the broker-dealer and its salesperson in the transaction;
−Removed: • the number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such stock; and
−Removed: • monthly account statements showing the market value of each penny stock held in the customer’s account.
−Removed: In addition, the penny stock rules require that prior to a transaction in a penny stock not otherwise exempt from those rules, the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser’s written acknowledgment of the receipt of a risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability statement.
−Removed: These disclosure requirements may have the effect of reducing the trading activity in the secondary market for a stock that becomes subject to the penny stock rules.
−Removed: Holders of shares of our common stock may have difficulty selling those shares because our common stock will probably be subject to the penny stock rules.
−Removed: Selected Financial Data.
−Removed: Not applicable.
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.