6 unchanged sentences
Prior to that our common stock was quoted on the OTCQB, the OTC market tier for companies that are reporting with the SEC, and on the OTC Bulletin Board, or OTCBB, also under the ticker symbol “PYDS”.
−Removed: The following table sets forth the high and low trading prices for our common stock for each quarter during the last two fiscal years.
−Removed: The prices reported below reflect inter-dealer prices and are without adjustments for retail markups, markdowns or commissions, and may not necessarily represent actual transactions.
−Removed: First Quarter
−Removed: Second Quarter
−Removed: Third Quarter
−Removed: Fourth Quarter
−Removed: First Quarter
−Removed: Second Quarter
−Removed: Third Quarter
−Removed: Fourth Quarter
On March 18, 2021, 25,030,668 shares of our common stock were issued and outstanding.
7 unchanged sentences
Use of Proceeds from Registered Securities
−Removed: We did not issue any unregistered securities since September 30, 2019.
+Added: Since September 30, 2020, we issued the following unregistered securities.
+Added: On December 15, 2020, we issued 945,599 warrants to purchase 945,599 shares of our common stock, $0.001 par value per share, with an exercise price of $4.23 per share to Information Management Solutions, LLC.
+Added: The warrants vest in two installments of 315,200 on December 15, 2021 and December 15, 2022 and one installment of 315,199 on December 15, 2023.
+Added: The warrants have a term of five years from vest.
+Added: On February 5, 2021, we issued 19,795 shares of common stock to University FanCards, LLC upon the cashless exercise of 30,000 warrants with an exercise price of $2.00.
+Added: The shares were valued at $5.88 per share.
+Added: We relied on the Section 4(a)(2) exemption from securities registration under the federal securities laws for transactions not involving any public offering.
+Added: No advertising or general solicitation was employed in offering the securities.
+Added: The securities were issued to an accredited investor.
+Added: The securities were offered for investment purposes only and not for the purpose of resale or distribution.
+Added: The transfer thereof was appropriately restricted by us.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
3 unchanged sentences
At September 29, 2019 when the program ended, $1,419,701 was available under the repurchase plan.
−Removed: program was used for purchases of stock from employees and directors;
+Added: The program was used for purchases of stock from employees and directors;
and for open-market purchases through a broker.
5 unchanged sentences
The following table shows our recent stock purchases under the buyback plan as of December 31, 2020 :
−Removed: Total number of shares (or units) purchased
−Removed: Average price paid per share (or unit)
−Removed: Total number of shares (or units) purchased as part of publicly announced plans or programs
−Removed: Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs
+Added: Maximum number (or
+Added: Total number of shares
+Added: approximate dollar
+Added: (or units) purchased as
+Added: value) of shares (or
+Added: Total number of
+Added: part of publicly
+Added: units) that may yet be
+Added: shares (or units)
+Added: Average price paid
+Added: announced plans or
+Added: purchased under the
+Added: per share (or unit)
+Added: plans or programs
October 1, 2020 to October 31, 2020
November 1, 2020 to November 30, 2020
−Removed: On January 8 and 9, 2018, the Company repurchased 397,845 shares for $956,128 in a private transaction at the closing price on January 9, 2018 from employees to cover the respective employee's share of taxes for shares that vested on that day, as approved by our Audit Committee and Board of Directors on the same day, with the respective directors recussing themselves.
−Removed: The share buyback included share purchases from Chairman of the Board, Michael Long ($380,342), President and Chief Executive Officer, Louis Hoch ($380,342), and Chief Financial Officer, Tom Jewell ($32,650), as approved by the Audit Committee of the Board of Directors and the Board of Directors as of January 9, 2018.
−Removed: On January 6, 2019, we repurchased 11,860 shares for $21,822 in a private transaction at the closing price on January 6, 2019 of $1.84 per share from Tom Jewell, our Chief Financial Officer, to cover his share of taxes.
−Removed: On January 6, 2020, we repurchased 11,860 shares for $20,636 in a private transaction at the closing price on January 6, 2020 of $1.74 per share from Tom Jewell, our Chief Financial Officer, to cover his share of taxes.
+Added: On January 6, 2019, we repurchased 11,860 shares for $21,822 in a private transaction at the closing price on January 6, 2019 of $1.84 per share from Tom Jewell, the Company's Chief Financial Officer, to cover his share of taxes.
+Added: On January 6, 2020, we repurchased 11,860 shares for $20,636 in a private transaction at the closing price on January 6, 2020 of $1.74 per share from Tom Jewell, the Company's Chief Financial Officer, to cover his share of taxes.
+Added: On November 1, 2020, we repurchased 54,756 shares for $86,399 in a private transaction at the closing price of $1.5779 on October 15, 2020 per share from Louis Hoch, the Company's Chief Executive Officer to cover his share of his taxes.
+Added: On January 6, 2021, we repurchased 11,860 shares for $38,545 in a private transaction at the closing price on January 6, 2021 of $3.25 per share from Tom Jewell, the Company's Chief Financial Officer, to cover his share of taxes.
SELECTED FINANCIAL DATA.
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.