1 unchanged sentence
Company is subject, from time to time, to litigation, claims and suits arising in the ordinary course of business.
−Removed: As of the date
−Removed: of filing, there are no material claims or suits whose outcomes could have a material effect on the Company’s financial
−Removed: June 21, 2018, Power Up Lending Group Ltd., sued both the Company and four of its managers, ex-managers, and directors of the
−Removed: Company in the United States District Court for the Eastern District of New York.
−Removed: The case was dropped against the Company and
−Removed: the claim discharged by the bankruptcy court upon Plan Confirmation on September 18, 2019.
−Removed: Power Up has continued a tort case
−Removed: against the individuals.
−Removed: The D&O insurance has agreed to cover the CEO Ben Slager, CFO Anthony Santelli, as well as ex-Controller
−Removed: Dennis Lenaburg, in this case.
−Removed: Management believes the Complaint is frivolous and has filed a motion to dismiss which is pending
−Removed: before the Court as of the date of this filing.
+Added: As of the date of
+Added: filing, there are no material claims or suits whose outcomes could have a material effect on the Company’s financial statements.
+Added: June 21, 2018, Power Up Lending Group Ltd., sued both the Company and four of its managers, ex-managers, and directors of the Company
+Added: in the United States District Court for the Eastern District of New York.
+Added: The case was dropped against the Company and the claim discharged
+Added: by the bankruptcy court upon Plan Confirmation on September 18, 2019.
+Added: Power Up has continued a tort case against the individuals.
+Added: director and officer insurance has agreed to cover our chief executive officer Benjamin Slager, chief financial officer Anthony Santelli,
+Added: as well as ex-controller Dennis Lenaburg, in this case.
+Added: Management believes the Complaint is frivolous.
+Added: The defendants have filed amended
+Added: answers and counterclaims as of the date of this filing, and the case has gone into the discovery phase.
MINE SAFETY DISCLOSURES
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.