Company: CSDX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001214659-25-016410
Chunk: 11

Company: CS DIAGNOSTICS CORP.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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. Our Articles of Incorporation and Bylaws, provide indemnification for our officers and directors to the fullest extent authorized
by the Wyoming Business Corporation Act against all expense, liability, and loss, including attorney's fees, judgments, fines excise taxes
or penalties and amounts to be paid in settlement reasonably incurred or suffered by an officer or director in connection with any action,
suit or proceeding, whether civil or criminal, administrative or investigative (hereinafter a “ Proceeding") to which the officer
or director is made a party or is threatened to be made a party, or in which the officer or director is involved by reason of the fact
that he is or was an officer or director of the Company, or is or was serving at the request of the Company whether the basis of the Proceeding
is an alleged action in an official capacity as an officer or director, or in any other capacity while serving as an officer or director.
Thus, the Company may be prevented from recovering damages for certain alleged errors or omissions by the officers and directors for liabilities
incurred in connection with their good faith acts for the Company. Such an indemnification payment might deplete the Company's assets.
Members who have questions regarding the fiduciary obligations of the officers and directors of the Company should consult with independent
legal counsel. It is the position of the Securities and Exchange Commission that exculpation from and indemnification for liabilities
arising under the Securities Act of 1933, as amended, and the rules and regulations thereunder is against public policy and therefore
unenforceable.

  15  

Risks Related to Business Operations

Adverse economic or other conditions in the markets in which we do
business could negatively affect our occupancy levels and rental rates and therefore our operating results.

Our operating results are dependent upon our ability to commercialize
our technology. If our technologies fail to generate revenues sufficient to meet our cash requirements, including operating and other
expenses, debt service and capital expenditures, our net income, funds from operation (FFO), cash flow, financial condition, ability to
make distributions to members and common unit trading price could be adversely affected. The following factors, among others, may adversely
affect the operating performance of our properties:

- the national economic climate and the local or regional economic
climate in the markets in which we operate, which may be adversely impacted by, among other factors, industry slowdowns, relocation of
businesses and changing demographics;

- increased operating costs, including need for research