What changed in this filing

/stocks — the workspaceLOADING

Item 3. Legal Proceedings

2023-04-12 compared with 2022-03-25 · 204 added, 133 removed, 43 unchanged (89% of the section changed)

5 unchanged sentences

will have a material impact on the financial position of the Company.

On or around January 30, 2019, RWJ Advanced Marketing,

LLC, Greg Bauer, and Warren Jackson sued the Company and multiple third and related parties in Superior Court of the State of California

- County of Los Angeles, General District in connection with the acquisition of UGO in September 2017.

The case number is 19STCV03320

(the “Original Lawsuit”).

The complaint in the Original Lawsuit alleges breach of contract, among other causes of action.

The Company answered the complaint and filed a cross-complaint against the plaintiffs in the case and third parties on or around February

On or about September 10, 2020, the Company through its agent of service was “served” with a complaint (the Company

contested service) that was recently filed against the Company and third parties by Robert Warren Jackson and Gregory Bauer in Los Angeles

Superior Court Case No.:

On or around January 30, 2019, RWJ Advanced

Marketing, LLC, Greg Bauer, and Warren Jackson sued the Company and multiple third and related parties in Superior Court of the

State of California – County of Los Angeles, General District in connection with the acquisition of UGO in September 2017.

The case number is 19STCV03320 (the “Original Lawsuit”).

The complaint in the Original Lawsuit alleges breach of contract,

among other causes of action.

The Company answered the complaint and filed a cross-complaint against the plaintiffs in the case

and third parties on or around February 15, 2019.

On or about September 10, 2020, the Company through its agent of service was

“served” with a complaint (the Company contested service) that was filed against the Company and third parties by Robert

Warren Jackson and Gregory Bauer in Los Angeles Superior Court Case No.:

20STCV32709 (“Second Lawsuit”).

In the Original Lawsuit filed, the court rejected the plaintiff’s

claims that they were filing a purported quasi-derivative lawsuit.

As such, in this current litigation, the plaintiff is now again claiming

the action is a derivative lawsuit.

On October 13, 2020, the Second Lawsuit was removed by other defendants into Central District of California

In the Original

Lawsuit filed, the court rejected the plaintiff’s claims that they were filing a purported quasi-derivative lawsuit.

in this current litigation, the plaintiff is now again claiming the action is a derivative lawsuit.

On October 13, 2020, the Second

Lawsuit was removed by other defendants into Central District of California (CASE NO.

2:20−cv−09399−RGK−AGR).

On February 2, 2021 The Central District of California dismissed the entire

Second Lawsuit based on “demand futility”.

In the Original lawsuit, the Company filed a cross complaint against the plaintiff

and other third parties.

Recently, the court has scheduled various hearings and a trial date set for December 27, 2021 which was later

continued by the Court to September 28, 2022.

It was the Company’s intention to dividend its holdings of its wholly owned subsidiary

Ugopherservices Corp.

However, the Company has elected to sell UGO to a third-party effective July 1, 2020.

17, 2020, the Company terminated Greg Bauer as consultant (resulting from the sale of UGO), which he confirmed in writing.

June 14, 2021 the Company stipulated with plaintiff that all third parties will be released and plaintiff may file a new first amendment

complaint that will name only the Company.

As such, all third parties other than prior transfer agent of the Company have been dismissed

from this litigation.

Following the sale of UGO, the Company noticed third parties (including SURG, via its asset manager) to wire the

UGO funds to its new bank account.

On February 2, 2021 the Central District of California dismissed the entire Second Lawsuit based on “demand futility”.

In the Original lawsuit, the Company filed a cross complaint against the plaintiff and other third parties.

The court has scheduled

various hearings and a trial date set for December 27, 2021 which was later continued by the Court to September 28, 2022.

the Company’s intention to dividend its holdings of its wholly owned subsidiary Ugopherservices Corp.

As UGO is the main dispute in the litigations described above, the Company elected to sell UGO to a third-party effective July

1, 2020 (See Note 17).

On September 17, 2020, the Company terminated Greg Bauer as consultant (resulting from the sale of UGO),

which he confirmed in writing.

On or about June 14, 2021 the Company stipulated with plaintiff that all third parties will be released

and plaintiff may file a new first amendment complaint that will name only the Company.

As such, all third parties other than prior

transfer agent of the Company have been dismissed from this litigation.

The Company is in default on this note.

Following the sale of UGO, the Company noticed third

parties (including SURG, via its asset manager) to wire the UGO funds to its new bank account.

SURG never answered the notice.

SURG is the clearing house for UGO.

The Company noticed certain third

parties that it intends to take legal actions to resolve this issue.

On November 12, 2020 the Company filed a complaint in the United

States District Court – District of Nevada - Case 2:20-cv-02078 against RWJ, Mr.

the clearing house for UGO.

The Company noticed certain third parties that it intends to take legal actions to resolve this issue.

November 12, 2020 the Company filed a complaint in the United States District Court – District of Nevada – Case 2:20-cv-02078

against RWJ, Mr.

Jackson and against W.L.

Petrey Wholesale

Company Inc for fraud, breach of contract, Unjust Enrichment and other claims.

On January 28, 2022 the court awarded the Company an injunction

against the RWJ defendants, wherein ECS was required to immediately cease the payment of any commissions generated and requiring the same

to be deposited into a blocked account until further court order.

On December 3, 2018, the Company entered into a Securities

Purchase Agreement (the “SPA”) with Discover Growth Fund, LLC (the “Investor”) pursuant to which the Company issued

a Senior Secured Redeemable Convertible Debenture (the “Debenture”) in the aggregate face value of $8,340,000.

Petrey Wholesale Company Inc for fraud, breach of contract, Unjust Enrichment and

other claims.

On January 28, 2022 the court awarded the Company an injunction against RWJ defendants, where all fee funds generating from

resale should be deposited into GBT blocked account, and therefore RWJ Defendants cannot use these funds without court order.

The Company entered into the Confidential Settlement

Agreement and Mutual Release (“RJW Agreement”) by and between RWJ Advanced Marketing, LLC, Robert Warren Jackson, Gregory

Bauer (collectively the “RJW Parties”) and W.L.

Petrey Wholesale Company, Inc., (“Petrey”) on one hand;

Technologies Inc., on behalf of itself and its agents (collectively the GBT Parties”), on the other hand.

The Company the RJW Agreement

effective September 26, 2022 with final signatures delivered to the Company on or about October 5, 2022.

Pursuant to the RJW Agreement,

the parties have agreed to settle, release, and otherwise resolve all known or unknown claims between them and agreed to jointly stipulate,

move, or otherwise dismiss the lawsuits filed in the United States District Court of Nevada (Case No.

2:20-cv- 02078), in the Superior

Court of the State of California, County of Los Angeles, Central District (Case Nos.

19STCV03320 and 20STCV32709), and in the United States

District Court of the Central District of California (Case No.

2:20-cv-09399-RGK-AGR) with prejudice.

The parties agreed and stipulated

to release all funds currently being held in a blocked account of $19,809 with 50% distributed to the RWJ Parties and 50% distributed

the Company or its assignee.

The Parties also entered into the InComm Assignment Agreement (“IAA”) which assigned, transferred

and conveyed all proceeds derived from the RWJ Parties’ agreements with Interactive Communications International, Inc., and its

affiliate Hi Technology Corp., including but not limited to that Master Distribution and Service Agreement between Interactive Communications

International, Inc.

and Petrey d/b/a UGO-HUB dated August 29, 2016, as amended (collectively referred to as the “InComm Proceeds”),

and which shall divide the InComm Proceeds 90% to the Company or its assignee and 10% to the RWJ Parties or their assignee.

Company agreed to pay $40,000 to the RWJ Parties or their assignee.

The Company accrued $49,847 expenses represent the final amounts due

to the RJW Parties.

The Company under a different settlement agreement

with SURG, committed to assign the IAA.

As such, on October 5, 2022 and as cumulation of all settlement agreements the Company

issued a request to SURG regarding release of certain escrow funds and the execution of an assignment of rights as contemplated

in the afore referenced agreement.

On December 3, 2018, the Company entered into

a Securities Purchase Agreement (the “SPA”) with Discover Growth Fund, LLC (the “Investor”) pursuant to

which the Company issued a Senior Secured Redeemable Convertible Debenture (the “Debenture”) of $8,340,000.

In connection

with the issuance of the Debenture and pursuant to the terms of the SPA, the Company issued a Common Stock Purchase Warrant to acquire

up to 225,000 shares of common stock for a term of three years (the “Warrant”) on a cash-only basis at an exercise

price of $100.00 per share with respect to 50,000 Warrant Shares, $75.00 with respect to 75,000 Warrant Shares and $50.00 with respect

to 100,000 Warrant Shares.

with the issuance of the Debenture and pursuant to the terms of the SPA, the Company issued a Common Stock Purchase Warrant to

acquire up to 225,000 shares of common stock for three years (the “Warrant”) on a cash-only basis at an exercise

price of $100 per share with respect to 50,000 Warrant Shares, $75 with respect to 75,000 Warrant Shares and $50 with respect to

100,000 Warrant Shares.

The holder may not exercise any portion of the Warrants to the extent that the holder would own more than

4.99% of the Company’s outstanding common stock immediately after exercise.

The outstanding principal amount may be converted at any time

into shares of the Company’s common stock at a conversion price equal to 95% of the Market Price less $5.00 (the

conversion price is lowered by 10% upon the occurrence of each Triggering Event – the current conversion price is 75% of the Market

Price less $5.00).

The Market Price is the average of the 5 lowest individual daily volume weighted average prices during the period the

Debenture is outstanding.

On May 28, 2019, the Investor delivered to the Company a “Notice of Default and Notice of Sale of Collateral”

(the “Notice”).

On December 23, 2019, in arbitration between the Company and the Investor, an Interim Award was entered in

favor of the Investor.

On January 31, 2020, the Company was informed that a final award was entered (the “Final Award”).

Final Award affirms that certain sections of the Debenture constitute unenforceable liquidated damages penalties and were stricken.

Further, it was determined that the Investor was entitled to recovery of their attorney’s fees.

Consequently, the arbitrator awarded

Investor an award of $4,034,444 plus interest of 7.25% accrued from May 15, 2019 and costs in the amount of $55,613.

18, 2020, the Company filed a motion with the United States District Court District of Nevada (the “Nevada Court”) to confirm

the Final Award and a motion to consolidate Investor’s application to confirm the Final Award filed in the U.S.

District Court of

the Virgin Islands (Case No:

The outstanding principal amount may be converted

at any time into shares of the Company’s common stock at a conversion price equal to 95% of the Market Price

less $5 (the conversion price is lowered by 10% upon the occurrence of each Triggering Event – the current conversion price

is 75% of the Market Price less $5).

The Market Price is the average of the 5 lowest individual daily volume weighted average prices

during the period the Debenture is outstanding.

On May 28, 2019, the Investor delivered to the Company

a “Notice of Default and Notice of Sale of Collateral” (the “Notice”).

On December 23, 2019, in arbitration between

the Company and the Investor, an Interim Award was entered in favor of the Investor.

On January 31, 2020, the Company was informed that

a final award was entered (the “Final Award”).

The Final Award affirms that certain sections of the Debenture constitute

unenforceable liquidated damages penalties and were stricken.

Further, it was determined that the Investor was entitled to recovery of

their attorney’s fees.

Consequently, the arbitrator awarded Investor $4,034,444 plus interest of 7.25% accrued from May

15, 2019 and costs fee of $55,613.

On February 18, 2020, the Company filed a motion

with the United States District Court District of Nevada (the “Nevada Court”) to confirm the Final Award and a motion

to consolidate Investor’s application to confirm the Final Award filed in the U.S.

District Court of the Virgin Islands (Case

3 :20-cv-00012-CVG-RM) (the “Virgin Island Court”).

On February 27, 2020, the Nevada Court denied

the Company’s motion to confirm the Final Award and motion to consolidate and further decided that the confirmation of the Final

Award should be litigated in the Virgin Island Court.

As such, on February 27, 2020, the Company filed a Notice of Entry of Order as well

as a Motion to Confirm the Arbitration Award, address the outstanding issues regarding whether Investor’s rights are subordinated

On February 27, 2020, the Nevada Court denied the Company’s

motion to confirm the Final Award and motion to consolidate and further decided that the confirmation of the Final Award should

be litigated in the Virgin Island Court.

As such, on February 27, 2020, the Company filed a Notice of Entry of Order as well as

a Motion to Confirm the Arbitration Award, address the outstanding issues regarding whether Investor’s rights are subordinated

to other creditors and, thereafter, oversee a commercially reasonable foreclosure sale (Case No:

3 :20-cv-00012-CVG-RM).

It was the Company’s

position that the Final Award must first be confirmed and all questions regarding the rights of Investor relative to those of other creditors

must be determined before any foreclosure sale can proceed.

It is further the position of the Company that the previously disclosed foreclosure

sale scheduled by Investor is being conducted in a commercially unreasonable manner and that if Discover proceeded forward with the foreclosure

sale it did so at its own risk.

Nevertheless, on February 28, 2020, Investor advised that it conducted a sale of the Company’s assets.

As the date of this report Investor failed to present a deed of sale for the alleged sale that allegedly took place as noticed.

filed with Virgin Island Court the motions disputing the validity of the alleged sale.

On July 28, 2020, Investor filed in the State of

Nevada a motion for attorneys $48,844 and costs $716.

the Company’s position that the Final Award must first be confirmed and all questions regarding the rights of Investor relative

to those of other creditors must be determined before any foreclosure sale can proceed.

It is further the position of the Company

that the previously disclosed foreclosure sale scheduled by Investor is being conducted in a commercially unreasonable manner and

that if Discover proceeded forward with the foreclosure sale it did so at its own risk.

Nevertheless, on February 28, 2020, Investor

advised that it conducted a sale of the Company’s assets.

As the date of this report Investor failed to present a deed of

sale for the alleged sale that allegedly took place as noticed.

The Company filed with Virgin Island Court the motions disputing

the validity of the alleged sale.

On July 28, 2020, Investor filed in the State of Nevada a motion for attorney’s fees $48,844 and

The Company filed an answer on August 11, 2020.

On October 16, 2020, Investor

motion for attorneys $48,844 and costs $716 was denied.

This case is still pending with the Federal court and the Court has

not taken any substantive action in the matter as of the date of this report.

On October 16, 2020, Investor motion for attorney’s

fees $48,844 and costs $716 was denied.

This case is still pending with the Federal court and the Court has not taken

any substantive action in the matter as of the date of this report.

GBT Technologies, S.A.

On September 14, 2018, the

Company entered into an Exclusive Intellectual Property License and Royalty Agreement (the “GBT License Agreement”) with GBT-CR,

a fully compliant and regulated crypto currency exchange platform that currently operates in Costa Rica as a decentralized crypto currency

platform, pursuant to which, among other things, the Company granted to GBT-CR an exclusive, royalty-bearing right and license relating

intellectual property relating to systems and methods of converting electronic transmissions into digital currency as reflected in that

certain patent filed with the United Stated Patent and Trademark Office on or about June 14, 2018 (EFS ID:

On September 14, 2018,

the Company entered into an Exclusive Intellectual Property License and Royalty Agreement (the “GBT License Agreement”)

with GBT-CR, a fully compliant and regulated crypto currency exchange platform that currently operates in Costa Rica as a decentralized

crypto currency platform, pursuant to which, among other things, the Company granted to GBT-CR an exclusive, royalty-bearing right

and license relating intellectual property relating to systems and methods of converting electronic transmissions into digital

currency as reflected in that certain patent filed with the United Stated Patent and Trademark Office on or about June 14, 2018

Application Number:

1 unchanged sentence

Confirmation Number:

6787)(collectively, the “Digital Currently Technology”).

Pursuant to the GBT License Agreement, the Company granted GBT-CR an exclusive worldwide license to use the Digital Currency Technology

to make, use, sell, lease or otherwise commercialize and dispose of products and devices utilizing the Digital Currently Technology.

the terms of the GBT License Agreement, the Company is entitled to receive a royalty payment of 2% of gross revenue of each licensed product

sold by GBT-CR during the period starting in which revenue is first generated using the licensed products and continuing for five years

Upon signing the GBT-CR License Agreement, GBT-CR paid the Company $300,000 which is nonrefundable.

The Company has recognized

the $300,000 as revenue during the years ended December 31, 2018.

Upon GBT-CR making available for sale (the “Commercial Event”)

an ICO (Initial Coin Offering) (the “Coin”), GBT-CR will make a payment to the Company in the amount of $5,000,000.

upon the Commercial Event, GBT-CR will grant the Company the ability to acquire 30% of the Coin at a 30% discount of such offering price

The GBT License Agreement commenced as of the signing date and, unless terminated in accordance with the termination provisions

of the GBT License Agreement, shall remain in force until the expiration of the patent pertaining to the Digital Currency Technology;

provided that the right to use trade, secrets shall survive the expiration of the GBT License Agreement provided the Company has not terminated.

Prior to the signing of the GBT License Agreement, GBT-CR advanced $200,000 to the Company, which the parties have agreed will be

applied toward the $5,000,000 fee when it becomes due.

On February 27, 2020 GBT Technologies, S.A., as successor in interest to Hermes

Roll, LLC had notified the Company that it was in default on its Amended and Restated Territorial License Agreement (“ARTLA”)

6787)(collectively, the

“Digital Currently Technology”).

Pursuant to the GBT License Agreement, the Company granted GBT-CR an exclusive worldwide

license to use the Digital Currency Technology to make, use, sell, lease or otherwise commercialize and dispose of products and

devices utilizing the Digital Currently Technology.

Under the terms of the GBT License Agreement, the Company is entitled to receive

a royalty payment of 2% of gross revenue of each licensed product sold by GBT-CR during the period starting in which revenue is

first generated using the licensed products and continuing for five years thereafter.

Upon signing the GBT-CR License Agreement,

GBT-CR paid the Company $300,000 which is nonrefundable.

The Company has recognized the $300,000 as revenue during the years

ended December 31, 2018.

Upon GBT-CR making available for sale (the “Commercial Event”) an ICO (Initial Coin Offering)

(the “Coin”), GBT-CR will make a payment to the Company of $5,000,000.

Further, upon the Commercial Event, GBT-CR will

grant the Company the ability to acquire 30% of the Coin at a 30% discount of such offering price of the Coin.

The GBT License

Agreement commenced as of the signing date and, unless terminated in accordance with the termination provisions of the GBT License

Agreement, shall remain in force until the expiration of the patent pertaining to the Digital Currency Technology;

provided that

the right to use trade, secrets shall survive the expiration of the GBT License Agreement provided the Company has not terminated.

Prior to the signing of the GBT License Agreement, GBT-CR advanced $200,000 to the Company, which the parties have agreed

will be applied toward the $5,000,000 fee when it becomes due.

On February 27, 2020 GBT Technologies, S.A., as successor in interest

to Hermes Roll, LLC notified the Company that it was in default on its Amended and Restated Territorial License Agreement (“ARTLA”)

dated June 15, 2015 and that the ARTLA had been cancelled and rescinded.

In connection with SURG Exchange Agreement - On November

4, 2020, Altcorp and Stanley filed an Ex Parte Motion in the District Court, Clark County, Nevada (Case No:

A-20-823039-B, in Dep No:

43) to appoint receiver and issue a temporary restraining Order against SURG and its transfer agent for alleged defaults on prior exchange

In connection with SURG Exchange Agreement –

On November 4, 2020, Altcorp and Stanley filed an Ex Parte Motion in the District Court, Clark County, Nevada (Case No:

A-20-823039-B,

43) to appoint receiver and issue a temporary restraining Order against SURG and its transfer agent for alleged defaults on

prior exchange agreement.

On December 4, 2020, the parties entered an interim agreement which set the material terms of a settlement.

A final settlement

was achieved per the interim agreement terms on January 1, 2021.

On March 4, 2021, the Company filed a motion to enforce the settlement

agreements, as the Company alleged that SURG owes an additional $240,000 which was due and owing under the settlement agreements.

24, 2021, per the June 23, 2020 Agreement, the Company together with AltCorp sent SURG and its transfer agent via registered mail, a true-up

shares demand for an additional 14,870,370 SURG shares as calculated per the Agreement.

Subsequently, SURG was a party to two lawsuits

in state District Court, the Eighth Judicial District Court for Clark County, Nevada involving AltCorp, Stanley and Glen Eagles Acquisition

LP (the “AltCorp Parties.”).

Each of these lawsuits were ultimately disputes relating to the total consideration SURG was

to pay the Company under the APA.

On October 18, 2021, the AltCorp Parties, the Company, and SURG entered into a Memorandum of Understanding

(the “MOU”) to set up a framework for an attempt to settle the two lawsuits.

A final settlement was achieved per the interim agreement terms on January 1, 2021.

On March 4, 2021, the Company filed a motion to enforce

the settlement agreements, as the Company alleged that SURG owes an additional $240,000 which was due and owing under the settlement agreements.

On June 24, 2021, per the June 23, 2020 Agreement, the Company together with AltCorp sent SURG and its transfer agent via registered mail,

a true-up shares demand for an additional 14,870,370 SURG shares as calculated per the Agreement.

Subsequently, SURG was a party to two

lawsuits in state District Court, the Eighth Judicial District Court for Clark County, Nevada involving AltCorp, Stanley and Glen Eagles

Acquisition LP (the “AltCorp Parties.”).

Each of these lawsuits were ultimately disputes relating to the total consideration

SURG was to pay the Company under the APA.

On October 18, 2021, the AltCorp Parties, the Company, and SURG entered into a Memorandum of

Understanding (the “MOU”) to set up a framework for an attempt to settle the two lawsuits.

On December 22, 2021 (the “Effective Date”),

pursuant to the framework in the MOU, the AltCorp Parties (and an additional third party), the Company, ECS, and SURG, Kevin Brian Cox

(SURG’s Chief Executive Officer) - in his individual capacity, entered into a Resolution of Purchase, Mutual Release, and Settlement

Agreement (the “Final Settlement Agreement”) to settle the two lawsuits and resolve all disputes related to the consideration

paid by SURG to the Company in connection with the APA.

Full and complete payment under the Final Settlement Agreement was received on

or about January 7, 2022 and a stipulation and order for dismissal was filed dismissing the action on or about February 1, 2022.

(SURG’s Chief Executive Officer) – in his individual capacity, entered into a Resolution of Purchase, Mutual Release, and

Settlement Agreement (the “Final Settlement Agreement”) to settle the two lawsuits and resolve all disputes related to the

consideration paid by SURG to the Company in connection with the APA.

Full and complete payment under the Final Settlement Agreement was

received on or about January 7, 2022 and a stipulation and order for dismissal was filed dismissing the action on or about February 1,

On or about July 9, 2021 the Company filed a lawsuit

2 unchanged sentences

consulting services per contract they entered.

The Company is demanding the return of 240,000 shares issued, return of the $5,000 payments,

recission of the consulting agreement, and attorney’s fees and costs.

As Terry Taylor and TTSG Holdings failed to appear to a notice

of deposition, the Company filed for a summary judgment.

On January 20, 2023 the court issued a $708,821 writ of execution against Terry

Taylor and TTSG

On or about February 2, 2022, GBT was served with

10 unchanged sentences

on a variety of deficiencies with the First Amended Complaint, and will ask the Court to dismiss the claims against GBT.

Stock Loan Receivable

On January 8, 2019,

the Company entered into a Stock Pledge Agreement with Latin American Exchange Latinex Casa de Cambio, S.A., a Costa Rica corporation

(“Latinex”), to provide that Latinex may maintain its required regulatory capital as required by various regulators.

The Company pledged 4,006 restricted shares of its common stock valued at $7,610,147 (based on the closing price

on the grant date) for three years for an annual payment of $375,000 paid in quarterly installments of $93,750.

In lieu of cash

payment, Latinex may pay the Company in virtual currency of WISE Network S.A.

valued at a 50% discount of its offering price of

$10 per token.

In the event that Latinex’s required capital has decreased below $5,000,000, Latinex is permitted to sell

the pledged shares of common stock only in an amount to ensure that Latinex can satisfy the required capital levels.

must consent to such sale of the shares of common stock, which may not be unreasonably withheld.

Upon expiration of the agreement,

the remaining shares of common stock shall be returned to the Company free and clear of all liens.

The Company recorded the value

of these shares of common stock as a stock loan receivable which is presented as a contra-equity account in the accompanying consolidated

balance sheets.

At December 31, 2019, the Company wrote off the accrued interest income as Latinex did not perform any payment

and the Company has no mean to enforce this payment.

Latinex agreed in principle to return the pledged 4,006 restricted shares

to the Company for cancellation.

The 4,006 restricted shares have not yet been returned to the Company as of December 31, 2022.

MINE SAFERY DISCLOSURES

1 unchanged sentence

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.

What changed 10-K

Item 3. Legal Proceedings