Item 1. Legal Proceedings
Item
1. Legal Proceedings
The
Company knows of no material pending legal proceedings to which the Company or its Subsidiaries are a party or of which any of its properties,
or the properties of its Subsidiaries, are the subject. In addition, the Company does not know of any such proceedings contemplated by
any governmental authorities.
The
Company knows of no material proceedings in which any of the Companys directors, officers or affiliates, or any registered or beneficial
stockholder is a party adverse to the Company or its Subsidiaries or has a material interest adverse to the Company or its Subsidiaries.
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