Item 1. Legal Proceedings
Item 1. Legal Proceedings.
On
October 19, 2019 the Company was served with a lawsuit by Norman Reynolds, a previously engaged counsel by the Company. The suit was
filed in Harris County District Court, Houston, Texas, asserting claims for unpaid fees of $90,378. While fully reserved, Greenway vigorously
disputes the total amount claimed. Greenway has asserted counterclaims based upon alleged conflicts of interest, breaches of fiduciary
duty and violations of the Texas Deceptive Trade Practices Act (“DTPA”). Greenway is confident in its defenses and counterclaims
and intends to vigorously defend its interests and prosecute its claims.
There
are no other active material legal matters as of the date of this report. See also Note 10 - Commitments and Contingencies – Legal
Matters herein above to the unaudited condensed consolidated financial statements included elsewhere in this report
and incorporated herein by reference.
Item
1A. Risk Factors
Information
regarding risk factors appears in the Form 10-K Part I, Item 1A, Risk Factors. There have been no material changes from the risk factors
previously disclosed in our Form 10-K for the year ended December 31, 2020.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.