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: Except as set forth below, we are not aware of any such legal proceedings or claims against the Company.
−Removed: series of legal actions and hearings took place starting in March of 2020 with the Vivos Group over Merger agreement violations and Vivos
−Removed: Group debt obligations.
−Removed: Arbitration was agreed to in the fall of 2021 by both the Vivos Group and MMG with the proceedings commencing
−Removed: in February 2022.
−Removed: August 31, 2022, the arbitrator issued the Award with the Company and MMG prevailing on their claims.
−Removed: The awards included citing of fraud
−Removed: Supplemental awards were subsequently issued on May 17, 2023, October 10, 2023, and finally on October 27, 2023.
−Removed: MMG was awarded the totals of all notes the Vivos Group had with MMG for its borrowings, the contracted interest, attorneys’ fees
−Removed: and expenses of $1,209, and a contract damage of $1,000, to be satisfied by the transfer of their shares of the Company Common Stock to
−Removed: the Company equal in value to $1,000.
+Added: From time to time, we may
+Added: become involved in various lawsuits and legal proceedings which arise in the ordinary course of business.
+Added: However, litigation is subject
+Added: to inherent uncertainties and an adverse result in these, or other matters may arise from time to time that may harm our business.
+Added: as set forth below, we are not aware of any such legal proceedings or claims against the Company.
+Added: A series of legal actions and hearings took place
+Added: starting in March of 2020 with the Vivos Group over Merger agreement violations and Vivos Group debt obligations.
+Added: Arbitration was agreed
+Added: to in the fall of 2021 by both the Vivos Group and MMG with the proceedings commencing in February 2022.
+Added: On August 31, 2022, the arbitrator
+Added: issued the Award with the Company and MMG prevailing on their claims.
+Added: The awards included citing of fraud damages.
+Added: Supplemental awards
+Added: were subsequently issued on May 17, 2023, October 10, 2023, and finally on October 27, 2023.
+Added: Summarily, MMG was awarded the totals of
+Added: all notes the Vivos Group had with MMG for its borrowings, the contracted interest, attorneys’ fees and expenses of $1,209, and
+Added: a contract damage of $1,000, to be satisfied by the transfer of their shares of the Company Common Stock to the Company equal in value
The aggregate amount of the Awards totaled $7,710.
−Removed: May 17, 2023 award also appointed a Receiver whose primary function is to collect the contract and fraud damages, including costs, expenses,
−Removed: and fees provided in the awards.
−Removed: December 29, 2023, the Circuit Court for Montgomery County, Maryland signed orders entering all three arbitration awards as judgments
−Removed: in Reliability’s case against the Vivos Group.
−Removed: These orders became final on January 29, 2024, when the appeal period expired for
−Removed: the defendants.
−Removed: The judgments are good for 12 years and can be enrolled in other states.
−Removed: Reliability has collectible judgments which
−Removed: the Receiver is now eligible to pursue.
−Removed: following represents legal proceedings where Vivos Group borrowings impact MMG:
−Removed: September 2022, MMG learned that a Vivos IT, LLC lawsuit against SWC in May 2019 included MMG as a plaintiff.
−Removed: The lawsuit related to
−Removed: a debt restructuring services agreement secured by Suresh Doki, Naveen Doki, and Silvija Valleru to assist the following then-owned Vivos
−Removed: Maslow Media Group, Inc., Health Care Resources Network, Inc., Mettler & Michael, Inc., 360 IT Professionals, Inc., and
−Removed: US IT Solutions, Inc.
−Removed: SWC countersued all plaintiffs on September 30, 2019 seeking to collect the balance of $403 not paid by the Vivos
−Removed: This was not disclosed to Maslow management or to Reliability before the Merger which closed on October 29, 2019.
−Removed: counsel filed a motion to include all original parties to the SWC agreement, as two of the original parties were not in the original
−Removed: SWC filed a motion for summary judgment and Maslow responded on March 18, 2024 opposing the motion.
+Added: The May 17, 2023 award also
+Added: appointed a Receiver whose primary function is to collect the contract and fraud damages, including costs, expenses, and fees provided
+Added: in the awards.
+Added: On December 29, 2023, the Circuit Court for Montgomery
+Added: County, Maryland signed orders entering all three arbitration awards as judgments in Reliability’s case against the Vivos Group.
+Added: These orders became final on January 29, 2024, when the appeal period expired for the defendants.
+Added: The judgments are good for 12 years
+Added: and can be enrolled in other states.
+Added: The following represents
+Added: legal proceedings where Vivos Group borrowings impact MMG:
+Added: In September 2022, MMG learned that a Vivos IT, LLC
+Added: lawsuit against SWC in May 2019 included MMG as a plaintiff.
+Added: The lawsuit related to a debt restructuring services agreement secured by
+Added: Suresh Doki, Naveen Doki, and Silvija Valleru to assist the following then-owned Vivos entities:
+Added: Maslow Media Group, Inc., Health Care
+Added: Resources Network, Inc., Mettler & Michael, Inc., 360 IT Professionals, Inc., and US IT Solutions, Inc.
+Added: SWC countersued all plaintiffs
+Added: on September 30, 2019 seeking to collect the balance of $403 not paid by the Vivos Group.
+Added: This was not disclosed to Maslow management
+Added: or to Reliability before the Merger which closed on October 29, 2019.
+Added: Maslow’s counsel filed a motion to include all original parties
+Added: to the SWC agreement, as two of the original parties were not in the original filings.
+Added: On December 18, 2024, MMG and other original parties
+Added: settled with Second Wind Consultants.
+Added: MMG’s portion was $10.
MINE SAFETY DISCLOSURE
+Added: Not applicable.
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.