v3.26.1
SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2026
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

Note 6 – SUBSEQUENT EVENTS

 

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2026, up through the date the Company issued the unaudited consolidated financial statements and determined that the following subsequent events occurred:

 

The Company has evaluated events occurring after June 30, 2026 through the issuance date of these unaudited consolidated financial statements. Effective July 24, 2026, the Board of Directors accepted the resignation of Daniel Snyder as a Director pursuant to his retirement request. The resignation was for personal business reasons and was not the result of any dispute with the Company, management, financial statements, operations, policies, practices, or SEC reports.

 

Effective July 24, 2026, the Board appointed David Marshall Nissman to the Board of Directors. Mr. Nissman will also serve as a member of the Audit Committee together with Robert Fiallo and John Murray. The Company disclosed that there are no family relationships between Mr. Nissman and any director or executive officer, no arrangements or understandings pursuant to which he was appointed, and no transaction involving Mr. Nissman requiring disclosure under Item 404(a) of Regulation S-K.

 

On July 24, 2026, the Company also announced the appointments of Daniel Bell and Darryl Barnes to its Corporate Advisory Board to assist management and the Board of Directors with future growth, business planning, and shareholder communications.