MultiCell Technologies Inc (MCET)

[TPX]

On February 15, 2017, MultiCell Immunotherapeutics, or MultiCell, filed an arbitration proceeding against us with the American Health Lawyers Association, Claim #3821. MultiCell is seeking $207,783 plus interest and costs of arbitration pursuant to alleged contract rights against us under a research agreement between MultiCell and us. Following a hearing held September 1, 2017, the arbitrator awarded MultiCell the payment amount of $207,783 plus interest in the amount of $34,699. We have engaged legal counsel to advise us in connection with this matter.

GTBP GT Biopharma Inc. 05/15/2018 FORM 10-Q

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

https://backend.otcmarkets.com/otcapi/company/sec-filings/12759177/content/html