Item 8.01 Other Events.
On
COVID-19 is currently impacting countries, communities, businesses, and markets,
as well as global financial markets. Although management cannot predict at this
time whether COVID- 9 will have a material impact on our future financial
condition and results of operations, our ability to complete and file our
Quarterly Report on Form 10-Q for the period ended
Below is a risk factor regarding COVID-19 that our shareholders and potential investors in us should consider with respect to the impact of the COVID-19 pandemic on our business operations and ability to complete financial statements to comply with our reporting requirements under the Exchange Act.
A pandemic, epidemic or outbreak of an infectious disease in the markets in which we operate or that otherwise impacts our facilities or advisors could adversely impact our business and/or our ability to complete financial reports to enable us to comply with our reporting obligation under the Exchange Act.
If a pandemic, epidemic, or outbreak of an infectious disease including the
recent outbreak of respiratory illness caused by a novel coronavirus (COVID-19)
or other public health crisis were to affect our markets or facilities or those
of our suppliers or accountants or advisors, our business could be adversely
affected. A pandemic typically results in social distancing, travel bans and
quarantine, and this may limit access to our employees and professional
advisors. These factors may hamper our efforts to comply with our filing
obligations with the
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains statements that are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to expectations or forecasts for
future events, including, without limitation, our future financial or business
performance or strategies, results of operations or financial condition. These
statements may be preceded by, followed by or include the words "may," "might,"
"should," "estimate," "plan," "project," "forecast," "intend," "expect,"
"anticipate," "believe," "seek," "continue," "target" or similar expressions.
These forward-looking statements are based on information available to us as of
the date they were made and involve a number of risks and uncertainties which
may cause them to turn out to be wrong. Accordingly, forward-looking statements
should not be relied upon as representing our views as of any subsequent date,
and we do not undertake any obligation to update forward-looking statements to
reflect events or circumstances after the date they were made, whether as a
result of new information, future events or otherwise, except as may be required
under applicable securities laws. As a result of a number of known and unknown
risks and uncertainties, including the unprecedented impact of COVID-19 pandemic
on our business, employees, consultants, service providers, shareholders,
investors and other stakeholders, our actual results or performance may be
materially different from those expressed or implied by these forward-looking
statements. Please refer to our Form 10-K to be filed with the
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