LEGAL PROCEEDINGS
−Removed: may from time to time be involved in various claims and legal proceedings of a nature we believe are normal and incidental to our business.
−Removed: These matters may include product liability, intellectual property, employment, personal injury cause by our employees, and other general
−Removed: Aside from the following, we are not presently a party to any legal proceedings that, in the opinion of our management, are likely
−Removed: to have a material adverse effect on our business.
−Removed: Regardless of outcome, litigation can have an adverse impact on us because of defense
−Removed: and settlement costs, diversion of management resources and other factors.
−Removed: Legal Proceeding(s).
−Removed: Bannor Michael MacGregor, Jeffery Katz, and Life Design Station International, Inc.
−Removed: – Supreme Court of New York, County
−Removed: of Kings, Index No.:
−Removed: action instituted by Randall Sprung against the Defendants on March 4, 2019, to recover monies he alleges are owed by Defendants (Counter-Plaintiffs)
−Removed: pursuant to written agreements to purchase shares and to provide consulting services between the parties.
−Removed: Defendants Bannor Michael MacGregor
−Removed: and Life Design Station International, Inc.
−Removed: (“LDSI”) (Counter-Plaintiffs) have filed counterclaims to recover damages they
−Removed: have incurred as a direct result of Sprung’s failure to properly perform his obligations and duties under the written agreement
−Removed: between the parties.
−Removed: February 2022, Plaintiff Sprung passed away.
−Removed: On May 25, 2023, the Court entered an Order substituting David Sprung, as Administrator
−Removed: of the Estate of Randall S.
−Removed: Sprung, for Randall S.
−Removed: Sprung as Defendant in the action.
−Removed: Defendants continue to pursue their counterclaims and to defend against Plaintiff’s claims vigorously.
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: are no transactions that have not been previously included in a Current Report on Form 8-K.
+Added: We may from time to time be involved
+Added: in various claims and legal proceedings of a nature we believe are normal and incidental to our business.
+Added: These matters may include product
+Added: liability, intellectual property, employment, personal injury cause by our employees, and other general claims.
+Added: Aside from the following,
+Added: we are not presently a party to any legal proceedings that, in the opinion of our management, are likely to have a material adverse effect
+Added: on our business.
+Added: Regardless of outcome, litigation can have an adverse impact on us because of defence and settlement costs, diversion
+Added: of management resources and other factors.
+Added: Pending Legal Proceeding(s) :
+Added: Michael MacGregor, Jeffery Katz, and Life Design Station International, Inc.
+Added: – Supreme Court of New York, County of Kings, Index
+Added: This action was settled and a stipulation of discontinuance with prejudice of all claims and counterclaims brought in
+Added: the action was filed on May 9, 2025.
+Added: There have been no material changes to the risk factors described in
+Added: our Annual Report on Form 10-K for the year ended December 31, 2024.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
+Added: There are no transactions that have not been previously included
+Added: in a Current Report on Form 8- K.
DEFAULTS UPON SENIOR SECURITIES
+Added: Not applicable.
MINE SAFETY DISCLOSURES .
+Added: 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.