Legal Proceedings
−Removed: than as disclosed below, neither the Company nor its subsidiaries are party to or have property that is the subject of any material pending
−Removed: legal proceedings.
−Removed: We may be subject to ordinary legal proceedings incidental to our business from time to time that are not required
−Removed: to be disclosed under this Item 3.
−Removed: November 10, 2022, we filed a complaint in the United States District Court for the Central District of California, Western
−Removed: Division, against Schreiber Foods, Inc.
−Removed: claiming a breach of the supply agreement and seeking economic damages.
−Removed: January 20, 2023, the Company filed a voluntary dismissal of the complaint which allows the parties to reach a potential resolution
−Removed: outside of the court system.
−Removed: Further information is included in Item 7 and Notes 1 and 9 of
−Removed: our financial statements.
+Added: described in Note 7, the Company has an on-going dispute with the Manufacturer, the outcome of which cannot be predicted at this time.
+Added: time to time, various lawsuits and legal proceedings may arise in the ordinary course of business.
+Added: However, litigation is subject to
+Added: inherent uncertainties and an adverse result in these or other matters may arise from time to time that may harm our business.
+Added: currently the defendant in one legal proceeding for an amount less than $100,000.
+Added: Our legal counsel and management believe a material
+Added: unfavorable outcome to be remote.
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.