LEGAL PROCEEDINGS
−Removed: time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business.
−Removed: litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may
−Removed: harm our business.
−Removed: We are currently not aware of any such legal proceedings or claims.
−Removed: are no material proceedings in which any of our directors, officers or affiliates or any registered or beneficial shareholder of more
−Removed: than 5% of our common stock is an adverse party or has a material interest adverse to our interest
+Added: On April 9, 2025, we filed a Complaint for Declaratory
+Added: Judgment against Kiss Nail Products, Inc.
+Added: (“Kiss Nail Products”) in the United States District Court for the Eastern District
+Added: of Pennsylvania ( NexGel, Inc.
+Added: Kiss Nails Products, Inc.
+Added: The dispute relates a takedown notice sent by Kiss Nail Products to
+Added: Amazon.com claiming that our ready-to-use eyelash extension products sold under our Silly George brand violate a United States patent
+Added: owned by Kiss Nail Products.
+Added: Based on advice from our patent legal counsel, we believe the patent owned by Kiss Nails Products is invalid
+Added: and expect to prevail in our action for declaratory judgment to declare the patent invalid.
+Added: However, if we are unable to prevail in our
+Added: action, certain of our ready-to-use eyelash extension products may be removed from Amazon.com, which would result in a material adverse
+Added: effect to our business and financial results.
+Added: From time to time, we may become involved in various
+Added: lawsuits and legal proceedings which arise in the ordinary course of business.
+Added: However, litigation is subject to inherent uncertainties,
+Added: and an adverse result in these or other matters may arise from time to time that may harm our business.
+Added: Except as described above, we
+Added: are currently not aware of any such legal proceedings or claims.
+Added: There are no material proceedings in which any of
+Added: our directors, officers or affiliates or any registered or beneficial shareholder of more than 5% of our common stock is an adverse party
+Added: or has a material interest adverse to our interest
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.