Item 1. Legal Proceedings
Item
1. Legal Proceedings.
As
described in Note 4, 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.
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