XML 27 R17.htm IDEA: XBRL DOCUMENT v3.21.2
subsequent events
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
subsequent events

NOTE K subsequent events

 

As disclosed in Note H, on or about October 23, 2017, a claim was filed in the 17th Judicial Circuit Court in and for Broward County in Fort Lauderdale, Florida, by the plaintiff, Industrial and Oilfield Procurement Services, LLC, against our company. In an effort to avoid the continued costs and expenses of litigation, the parties entered into a settlement agreement on October 7, 2021 whereby the Company paid the plaintiff $15,000 and the parties agreed to settle and release each party of disputed claims between the parties, which settlement is not to be construed as an admission of liability on the part of either party. On November 3, 2021 the plaintiff filed a Notice of Voluntary Dismissal with Prejudice with the 17th Judicial Circuit Court in and for Broward County whereby the plaintiff agreed to dismiss the entirety of the action with prejudice.