Item 8.01 Other Events
Relying on the SEC Order for Reporting Relief
The current outbreak of COVID-19 has posed a significant impact on the Company
to file on a timely basis its Annual Report on Form 10-K for the year ended
COVID-19 Risk Factor
The Company currently does not have active business operations. However, the
current outbreak of COVID-19 has resulted in a widespread health crisis that
could adversely affect the economies and financial markets of
Forward Looking Statements
Certain of the statements contained in this report should be considered
forward-looking statements within the meaning of the Securities Act of 1933, as
amended (the "Securities Act"), the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are often identified by the use of
forward-looking terminology such as "will," "believes," "expects," "endeavor" or
similar expressions, involving known and unknown risks and uncertainties.
Although the Company believes that the expectations reflected in these
forward-looking statements are reasonable, they do involve assumptions, risks
and uncertainties, and these expectations may prove to be incorrect. You should
not place undue reliance on these forward-looking statements, which speak only
as of the date of this report. The Company's actual results could differ
materially from those anticipated in these forward-looking statements as a
result of a variety of factors, including the risk factors discussed in the
Company's periodic reports that are filed with the
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