Item 1. Legal Proceedings
Item
1. Legal Proceedings.
We
are not a party to or otherwise involved in any legal proceedings.
In
the ordinary course of business, we are from time to time involved in various pending or threatened legal actions. The litigation process
is inherently uncertain and it is possible that the resolution of such matters might have a material adverse effect upon our financial
condition and/or results of operations. However, in the opinion of our management, other than as set forth herein, matters currently
pending or threatened against us are not expected to have a material adverse effect on our financial position or results of operations.
Item
1A. Risk Factors.
As
a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information
required by this Item.
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.
Not
applicable.
Item
3. Defaults Upon Senior Securities.
There
have been no events which are required to be reported under this Item.
Item
4. Mine Safety Disclosures.
Not
applicable.
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