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Subsequent Events
12 Months Ended
Dec. 28, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE 15 – SUBSEQUENT EVENTS

 

Economic Developments

 

The Company is monitoring the recent reductions in commodity prices driven by the potential impact of the COVID-19 virus, along with global supply and demand dynamics and the announced price reductions and possible production increases by members of Organization of the Petroleum Exporting Countries and other oil exporting nations. The extent to which these events may impact the Company’s business will depend on future developments, which are highly uncertain and cannot be predicted at this time. The duration and intensity of these impacts and resulting disruption to the Company’s operations is uncertain and the Company will continue to assess the financial impact. Regarding the COVID-19 virus, we are seeing city and county governments issue stay at home mandates around the country, some of which are in cities where we have offices and employees. While most of our employees can telecommute, some cannot. Our challenge is to keep our employees as productive as possible while not located in their normal workplace. We are working through the logistics surrounding these employees in light of the recently issued Families First Coronavirus Response Act in order to minimize the impact to both the employee and the company.