Annual report pursuant to Section 13 and 15(d)

Note 9 - Commitments and Contingencies

v3.20.1
Note 9 - Commitments and Contingencies
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
9.
Commitments and Contingencies
 
From time to time in the ordinary course of its business, the Company
may
be involved in legal proceedings, the outcomes of which
may
not
be determinable. The results of litigation are inherently unpredictable. Any claims against the Company, whether meritorious or
not,
could be time consuming, result in costly litigation, require significant amounts of management time and result in diversion of significant resources. The Company is
not
able to estimate an aggregate amount or range of reasonably possible losses for those legal matters for which losses are
not
probable and estimable, primarily for the following reasons: (i) many of the relevant legal proceedings are in preliminary stages, and until such proceedings develop further, there is often uncertainty regarding the relevant facts and circumstances at issue and potential liability; and (ii) many of these proceedings involve matters of which the outcomes are inherently difficult to predict. The Company has insurance policies covering potential losses where such coverage is cost effective.
 
The Company is
not
at this time involved in any legal proceedings that the Company believes could have a material effect on the Company’s financial condition, results of operations or cash flows.