Tuesday, June 13, 2023 10:51:17 AM
THE ADDED CHANGE:
"On April 21, 2023, Mattie Cooper (former President of The Plant), Sherratt Reicher (former Senior Vice President of Business
Development of the Plant), Clayton Wiedemann (former Vice President of Operations of the Plant, and other natural persons and legal
entities (“the Parties”). filed a complaint for recission of merger in United States District Court for Central District of California (“the
Court”). Subsequently the Parties filed an Ex Parte Application for a Temporary Restraining Order, Appointment of a Receiver, and
Order to Show Cause Why Preliminary Injunction Should not be issued. The preceding application for Temporary Restraining Order
and Appointment of a Receiver was denied by the Court and ordered the plaintiffs and defendants to serve and file briefs regarding the
matters with the Court."
The Company has retained legal counsel and is in settlement negotiations with the parties, and believes that an agreement will be
reached by July 31, 2023 (fiscal year end).
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