Item 3. Legal Proceedings
Item 3. Legal Proceedings
There are no material proceedings to which any
director or officer, or any associate of any such director or officer, is a party that is adverse to our company or any of our subsidiaries
or has a material interest adverse to our company or any of our subsidiaries. No director or executive officer has been a director or
executive officer of any business which has filed a bankruptcy petition or had a bankruptcy petition filed against it during the past
ten years. No current director or executive officer has been convicted of a criminal offense or is the subject of a pending criminal proceeding
during the past ten years. No current director or executive officer has been the subject of any order, judgment or decree of any court
permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or
banking activities during the past ten years. No current director or officer has been found by a court to have violated a federal or state
securities or commodities law during the past ten years.
We are subject to various legal proceedings from
time to time as part of its business. We are not presently a party to any legal proceedings that, if determined adversely to us, we believe
would individually or in the aggregate have a material adverse effect on our business, results of operations, financial condition or cash
flows. However, legal proceedings are inherently uncertain. As a result, the outcome of a particular matter or a combination of matters
may be material to our results of operations for a particular period, depending upon the size of the loss or our income for that particular
period.
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.