Item 1. Legal Proceedings
ITEM
1. LEGAL PROCEEDINGS
From
time to time, we may be subject to legal proceedings. We are not currently a party to or aware of any proceedings that we believe will
have, individually or in the aggregate, a material adverse effect on our business, financial condition or results of operations. Regardless
of outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and
other factors.
ITEM
1A. RISK FACTORS
Not
required for small reporting companies.
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES
None.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
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