SLDC — what changed in the latest 10-Q
A section-by-section comparison of SLDC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2023-01-23 vs the prior 10-Q · 2016-02-09
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +49 | −33 | ~3 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 2 |
| Other information | Text added/removed | 0 | 0 | ~2 | 5 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2023-01-23
As of February 28, 2017, the Company had total current assets of $19,921 and total current liabilities of $5,490,782 for a net working capital deficit of $5,470,861. As of February 29, 2016, the Company had total current assets of $26,864 and total current liabilities of $5,381,900 for a net working…
We need to raise additional money to meet our general and administrative expenses, and we need to raise money to achieve our business objectives. The additional funding will come from equity financing from the sale of Telco Cuba's common stock or the issuance of debt securities. If we are successful…
Based on the nature of Telco Cuba's business, management anticipates incurring operating losses in the foreseeable future. Management bases this expectation, in part, on the fact that unrolling a telecommunications operation will cost a substantial amount of money, and possibly take several years be…
Telco Cuba's ability to raise additional funding is based on;
Due to the Company’s lack of operating history and present inability to generate revenues, our independent auditors have added an explanatory paragraph to their audit opinion issued in connection with our financial statements for 2015, and 2016 indicating substantial doubt about Telco Cuba's ability…
Text removed vs the prior filing · source: 10-Q · 2016-02-09
The Company was an early stage Mining and Exploration Company throughout the fiscal year ended November 30, 2014 and early 2015, seeking to acquire, develop, and manage various oil, gas, and mineral properties and resources. In August 2009, the Company entered into an agreement to acquire the minera…
Results of operations for the three and nine months ended August 31, 2015 and 2014
Operating expenses for the nine months ended August 31, 2015 consisted of $226,387 in general and administrative expenses compared to $120,517 in costs for the nine months ended August 31, 2014. The increase resulted from the addition of Amgentech operations to those of Telco Cuba in the current per…
Other expense for the three months ended August 31, 2015, was $78,274, and is derived from the convertible debentures and notes payable carried by the Company. For the three months ended August 31, 2014, the interest expense was $0 as Amgentech carried no debt in the prior year.
Other expense for the nine months ended August 31, 2015, was $78,274, and is derived from the convertible debentures and notes payable carried by the Company. For the nine months ended August 31, 2014, the interest expense was $0 as Amgentech carried no debt in the prior year. Interest expense was o…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice