Legal Proceedings
−Removed: July 16, 2020, we were served in an action filed in the United States District Court for the District of Utah claiming that the
−Removed: Company promulgated false and misleading press releases to increase the price of our stock to improperly benefit the officers
−Removed: and directors of the Company.
−Removed: The Plaintiff, Gelt Trading, Ltd., a Cayman Islands limited company, demands compensatory damages
−Removed: sustained as a result of our alleged wrongdoing in an amount to be proven at trial.
−Removed: We will vigorously defend this action as we
−Removed: do not believe it has any merit.
−Removed: addition, there is a threatened lawsuit from former consultants claiming compensation for services rendered in 2015.
−Removed: We will vigorously
−Removed: defend this matter if it results in a lawsuit.
−Removed: time to time, we may become involved in litigation relating to claims arising out of our operations in the normal course of business.
−Removed: Although we have received inquiries from FINRA, NASDAQ and the SEC, to which we have responded, to the best of our knowledge,
−Removed: no governmental authority is contemplating any proceeding to which we are a party or to which any of our properties or businesses
−Removed: are subject, which would reasonably be likely to have a material adverse effect on the Company.
+Added: In July 2020, we were served in an action filed
+Added: in the United States District Court for the District of Utah claiming that the Company promulgated false and misleading press releases
+Added: to increase the price of our stock to improperly benefit the officers and directors of the Company.
+Added: The Plaintiff, Gelt Trading,
+Added: Ltd., a Cayman Islands limited company, demands compensatory damages sustained as a result of our alleged wrongdoing in an amount
+Added: to be proven at trial.
+Added: We will vigorously defend this action as we do not believe it has any merit.
+Added: In September 2020, we were served in an
+Added: action filed in the United States District Court for the District of Utah claiming that the officers and the directors harmed
+Added: the Company by promulgating false and misleading press releases to increase the price of our stock to improperly benefit the
+Added: officers and directors of the Company.
+Added: The Plaintiff, Luis Aguliera, on behalf of Co-Diagnostics, Inc.
+Added: seeks damages from the
+Added: individual defendants and attorneys’
+Added: We will vigorously defend this as we do not believe it has any merit.
+Added: time to time, we may become involved in litigation relating to claims arising out of our operations in the normal course of
+Added: Although we have received inquiries from FINRA, NASDAQ and the SEC, to which we have responded, to the best of our
+Added: knowledge, no governmental authority is contemplating any proceeding to which we are a party or to which any of our
+Added: properties or businesses are subject, which would reasonably be likely to have a material adverse effect on the Company.
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.