−Removed: Legal Proceedings.
−Removed: September 7, 2021, the Company was served with a demand for mediation and potential arbitration by Gregory Sanders
−Removed: (“Plaintiff”), a previous employee of the Company.
+Added: September 7, 2021, the Company was served with a demand for mediation and potential arbitration by Gregory Sanders (“Plaintiff”),
+Added: a previous employee of the Company.
The demand claims Mr.
−Removed: Sanders had an employment agreement with the
−Removed: Company entitling him to certain compensation payments under the contract.
−Removed: No conclusion was met during mediation which occurred in
−Removed: the fourth quarter of 2021.
−Removed: On October 25, 2023, there was a hearing on Plaintiff’s motion for summary judgement.
−Removed: asserted 3 motions, all of which were denied by the court, as ordered on November 1, 2023.
−Removed: Plaintiff withdrew his action against the
−Removed: Company on January 11, 2024 and the court so ordered on the same date.
+Added: Sanders had an employment agreement with the Company entitling him to certain
+Added: compensation payments under the contract.
+Added: No conclusion was met during mediation which occurred in the fourth quarter of 2021.
+Added: 25, 2023, there was a hearing on Plaintiff’s motion for summary judgement.
+Added: Plaintiff asserted 3 motions, all of which were denied
+Added: by the court, as ordered on November 1, 2023.
+Added: Plaintiff withdrew his action against the Company on January 11, 2024 and the court so
+Added: ordered on the same date.
November 8, 2023, the Company was served with a demand for payments under various agreements with the plaintiffs.
The Plaintiffs are
−Removed: Ric Halden, Randy Moseley, Tunstall Canyon Group, LLC (“Tunstall Canyon”) and Chisos Equity Consultants, LLC
−Removed: Ric Halden and Randy Moseley were founders of the Company and served as officers and directors of the
−Removed: Company until 2017, when each of them resigned all positions with the Company.
−Removed: The Company believes that Tunstall Canyon and Chisos
−Removed: are majority-owned by Ric Halden.
−Removed: The Company has accrued liabilities to Ric Halden, Randy Moseley and Tunstall Canyon, which are
−Removed: all included in the liabilities reflected on the accompanying consolidated balance sheet.
−Removed: The Company is confident that it can
−Removed: settle all issues asserted in the lawsuit without going to trial.
−Removed: The court has set a trial date for November 24, 2024.
−Removed: Mine Safety Disclosures.
+Added: Ric Halden, Randy Moseley, Tunstall Canyon Group, LLC (“Tunstall Canyon”) and Chisos Equity Consultants, LLC (“Chisos”).
+Added: Ric Halden and Randy Moseley were founders of the Company and served as officers and directors of the Company until 2017, when each of
+Added: them resigned all positions with the Company.
+Added: The Company believes that Tunstall Canyon and Chisos are majority-owned by Ric Halden.
+Added: The Company has accrued liabilities to Ric Halden, Randy Moseley and Tunstall Canyon, which are all included in the liabilities reflected
+Added: on the accompanying consolidated balance sheet.
+Added: The court set an original trial date for November 25, 2024.
+Added: The Plaintiffs and the Company
+Added: petitioned the Court for a new trial date, which was granted.
+Added: The new trial date is May 26, 2025.
+Added: The case is currently in its discovery
+Added: Plaintiffs, Ric Halden, Randy Moseley, Tunstall Canyon and Chisos, filed a Traditional Motion for Partial Summary Judgement , or in the Alternative, Traditional Motion for Partial Summary Judgement
+Added: as to Liability Only.
+Added: The court has set a hearing on this motion for March 26, 2025.
+Added: Safety Disclosures.
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.