Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 30, 2021, the Compensation Committee of the Board of Directors of the Company determined that Mr. Laccona's annual salary to serve as the Principal Financial Officer and Principal Accounting Officer of the Company shall be $185,000, retroactive to October 1, 2021, with an annual bonus target of 30% of his salary. In addition, Mr. Laccona was awarded a $55,500 cash bonus for 2021 to be payable on January 15, 2022.


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