Company: BLIS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0001199835-25-000051
Chunk: 32

Company: NAPC Defense, Inc.
Filing Date: 2025-02-26
Form: 10-Q
Item: Part II, Item 1
Chunk 32
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ITEM
1. LEGAL PROCEEDINGS

The
Company is not presently involved in any litigation nor is it aware of any pending or threatened litigation against us of a material
nature.

In
May of 2023, NAPC Defense, Inc. was sued in county court over a contract by the firm of Delmar which contends that NAPC Defense, Inc.
NAPC Defense, Inc. did not follow through on a contract for their services related to its regulation A offering in 2022. The Company
has defended and is defending such on the basis that Del Mar never performed on its obligations and therefore was discharged on the contract.
Such matter is pending motions by NAPC Defense, Inc. in the county court. Such lawsuit is seeking $20,000 by Delmar. As of October 31,
2024, the suit was pending dismissal for lack of prosecution.

ITEM
1A. RISK FACTORS