Item 3. Legal Proceedings
Item 3. Legal Proceedings
We currently do not have any claims, lawsuits, or proceedings against
us that, individually or in the aggregate, would be considered material to our business or likely to result in a material adverse effect
on our future operating results, financial condition, or cash flows. We may from time to time become subject to a range of actual or potential
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.
In March of 2025 Company Management became aware of a civil action
filed against the Company by Benjamin Securities, Inc. in Supreme Court, New York County, seeking $500,000.00 in brokerage fees and costs
the plaintiff alleges are due and owing. The Company intends to manage all valid arrears in its debts and liability accounts
as soon as monies become available from anticipated near-term financing arrangements.
Item 4. Mine Safety Disclosures
Not applicable.
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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.