Item 1. Legal Proceedings
Item
1. Legal Proceedings
To
our knowledge, neither the Company nor any of its officers or directors is a party to any material legal proceeding or litigation and
such persons know of no material legal proceeding or contemplated or threatened litigation. There are no judgments against us or our
officers or directors. None of our officers or directors has been convicted of a felony or misdemeanor relating to securities or performance
in corporate office.
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