Item 3. Legal Proceedings
Item
3. Legal Proceedings
As
described in Note 6 of the Notes to Consolidated Financial Statements, the Company has an on-going dispute with the Manufacturer, the
outcome of which cannot be predicted at this time.
From
time to time, various lawsuits and legal proceedings may arise in the ordinary course of business. However, litigation is subject to
inherent uncertainties and an adverse result in these, or other matters may arise from time to time that may harm our business. We are
currently the defendant in one legal proceeding for an amount less than $100,000. Our legal counsel and management believe a material
unfavorable outcome to be remote.
Item
4. Mine Safety Disclosures.
Not
applicable.
17
PART
II
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