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If a compromise of our information stability or function of our computer system units or web-site have been to come about, it could have a materials adverse influence on our functioning success and economic situation, funds flows and liquidity and potentially, subject us to additional lawful, regulatory and operating charges and destruction our standing in the market. Any this sort of infringement or misappropriation could have a content adverse influence on our business enterprise operations and prospective buyers, economical problem, liquidity, hard cash move, profitability, and results of operations frequently. We are concerned in an ongoing SEC investigation, which could divert management’s emphasis, final result in significant investigation expenditures and have an adverse effect on our standing, economical issue, final results of operations and income flows. Although we have entered into employment agreements with specified of these key users of administration and offered incentives to continue to be with the business after it has been obtained, if these types of key individuals were being to resign, we may encounter impairment of interactions with remaining staff members or prospects, which could possibly trigger long-expression clients to terminate their interactions with the acquired companies, which may possibly, in turn, materially adversely have an impact on our organization, economic situation, and outcomes of functions. Tax issues, such as the changes in corporate tax premiums, disagreements with taxing authorities and imposition of new taxes could effect our effects of functions and monetary issue.



The enactment of or increases in tariffs, or other modifications in the software or interpretation of the Tax Cuts and Jobs Act, or on certain products that we sell or with which our merchandise compete, might have an adverse effect on our business or on our final results of functions. We also want to comply with new, evolving or revised tax regulations and restrictions. Although we feel our tax estimates are sensible, if a taxing authority disagrees with the positions we have taken, we could facial area more tax legal responsibility, which includes fascination and penalties. The Company assesses recoverability centered on many variables, which includes its intention with regard to its outlets and people outlets projected undiscounted income flows. On August 2, 2021, the SEC submitted a civil grievance (the "SEC Complaint") in the United States District Court for the District of Nevada naming the Company and two of its govt officers as defendants (collectively, the "Defendants"). The subpoena requested paperwork and information and facts about, amid other issues, the restatement of the Company’s fiscal statements for the quarterly periods ended December 31, 2016, March 31, 2017, and June 30, 2017 the acquisition of Marquis Industries, Inc., Vintage Stock, Inc., and ApplianceSmart, Inc. as very well as the change in auditors in 2021. On August 12, 2020, three of the Company’s corporate government officers (collectively, the "Executives") each and every received a "Wells Notice" from the Staff of the SEC relating to the Company’s SEC investigation.