Item 3. Legal Proceedings
Item
3. Legal Proceedings.
There
are no actions, suits, proceedings, inquiries or investigation before or by any court, public board, government agency, self-regulatory
organization or body pending or, to the knowledge of the executive officers of our Company or any of our subsidiaries, threatened against
or affecting our Company, our Common Stock, any of our officers or directors in their capacities as such, in which an adverse decision
could have a material adverse effect.
In
addition, from time to time, we may be subject to various additional claims, lawsuits, and other legal and administrative proceedings
that may arise in the ordinary course of business. Some of these claims, lawsuits, and other proceedings may range in complexity and
result in substantial uncertainty; it is possible that they may result in damages, fines, penalties, non-monetary sanctions, or relief.
As
we continue to grow and develop our services, we anticipate that we will expend significant financial and managerial resources in the
defense of our products in the future. We also anticipate that we will expend significant financial and managerial resources to defend
against claims against our services.
Item
4. Mine Safety Disclosures.
Not
Applicable
26
PART
II
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.