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
Company’s 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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