Progress. Based on our search, the Company has identified several potential opportunities with parties that have indicated some level of interest in considering a potential transaction with the Company that management believes would be appropriate and suitable for the Company to pursue. Management has commenced preliminary discussions with one of those parties to further explore the level of interest and to determine whether an appropriate financing partner can be identified to participate in any such potential transaction. Although the Company currently is engaged in preliminary discussions, the Company has not received any letter of intent, proposal, or formal offer from this party relating to any potential transaction, nor has any financing partner committed to, or has formally offered to participate in, any such transaction. ...