Gain Contingency

6 Months Ended

Jun. 30, 2020

Gain Contingency

Gain Contingency

Note 9- Gain Contingency

On June 23, 2020, Kevin J. Zugibe, Chairman of the Board and Chief Executive Officer of the Company, passed away unexpectedly. The Company is currently evaluating a company-owned life insurance policy, with a face value of $1,000,000, to determine how much, if any, of the proceeds, will be awarded to the Company. Any potential future proceeds received by the Company will be recorded if and only when received.