Legal Proceedings
+Added: We may from time to time
+Added: become a party to various legal or administrative proceedings arising in the ordinary course of our business.
We are currently not a party
to any legal or administrative proceedings and are not aware of any pending or threatened legal or administrative proceedings against
−Removed: us in all material aspects.
−Removed: We may from time to time become a party to various legal or administrative proceedings arising in the ordinary
−Removed: course of our business.
+Added: us in all material aspects other than the following:
+Added: In February 17, 2022, FT
+Added: Global Capital, Inc.
+Added: (“FTG”), filed a lawsuit against the Company in the Commercial Division of New York Supreme Court.
+Added: has brought a breach of contract action against the Company to recover fees in connection with an agreement that the parties entered into
+Added: in April 2019 (the “Agreement”).
+Added: The Company has answered FTG’s complaint and has denied the allegations because it
+Added: is the Company’s position that FTG did not fulfill its obligations under the terms of the Agreement.
+Added: Discovery is continuing.
+Added: The ultimate resolution
+Added: of the proceedings may have a material adverse impact on our business, financial condition, results of operations or cash flows.
+Added: to settle the proceedings or other unfavorable outcomes in this proceedings could result in significant damages, additional penalties
+Added: or other remedies imposed against the Company.
+Added: Litigation of this kind could result in substantial costs and a diversion of our management’s
+Added: attention and resources.
+Added: It could also result in our reputation being harmed and our stock price could decline as a result of allegations
+Added: made in the course of the proceedings, regardless of the truthfulness of the allegations.
Mine Safety 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.