Item 1. Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
From time to time, the Company may become involved
in lawsuits, investigations and claims that arise in the ordinary course of business. The Company believes it has meritorious defenses
against all pending claims and intends to vigorously pursue them. While it is not possible to predict or determine the outcomes of any
pending actions, the Company believes the amount of liability, if any, with respect to such actions, would not materially affect its financial
position, results of operations or cash flows.
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ITEM 1A. RISK FACTORS
Not required.
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