1 unchanged sentence
Company may, from time to time, be involved in various legal proceedings incidental to the conduct of our business.
−Removed: Historically,
−Removed: the outcome of all such legal proceedings has not, in the aggregate, had a material adverse effect on our business, financial
−Removed: condition, results of operations or liquidity.
−Removed: Other than as set forth below, there are no additional material pending or threatened
−Removed: legal proceedings at this time.
−Removed: January 28, 2019, James Katzaroff, (“
−Removed: Plaintiff ”) the Company’s former Chief Executive Officer filed a
−Removed: lawsuit in the Superior Court in the State of Washington in and for the County of Benton against the Company and its current and
−Removed: former directors, alleging a default of the Separation Agreement and General Release (“
−Removed: Release ”) that the Company
−Removed: entered into with Plaintiff on July 21, 2017 (the “
−Removed: Complaint ”).
−Removed: The Company has made required payments under
−Removed: November 25, 2019, the Company and its current and former directors entered into a Settlement Agreement with the Plaintiff.
−Removed: the terms of the Settlement Agreement, the Company has agreed to issue 500,000 shares of common stock and 500,000 warrants to
−Removed: the Plaintiff, make an initial payment of $33,503 by December 4, 2019 and beginning on December 16, 2019, the Company will make
−Removed: payments of $10,000 per month for 10 months in full satisfaction of the Separation Agreement and General Release originally entered
−Removed: into on July 21, 2017.
−Removed: The Company has satisfied all of the requirements under this Settlement Agreement.
+Added: Historically, the
+Added: outcome of all such legal proceedings has not, in the aggregate, had a material adverse effect on our business, financial condition,
+Added: results of operations or liquidity.
+Added: There are no material pending or threatened legal proceedings at this time.
MINE SAFETY DISCLOSURES.
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.