Item 8.01 Other Events.

On February 17, 2022, the Securities and Exchange Commission filed a lawsuit in the federal district court for the Southern District of California, charging the Company, CEO Charles Strongo, and four stock promoters with violations of section 10(b) of the Securities Exchange Act of 1934 and section 17(a) of the Securities Act of 1933. The SEC's complaint seeks injunctive relief, disgorgement of funds allegedly received from illegal conduct plus pre-judgment interest, and the civil penalties. On the same day, the US Attorney's Office for the Southern District of California announced the unsealing of an indictment charging Mr. Strongo and the promoters with conspiring to manipulate the market for the Company's in an alleged "pump-and-dump" scheme through allegedly false and misleading statements in press releases and SEC filings concerning the Company's emergency use authorization submissions to the Food and Drug Administration for COVID-19 tests. Mr. Strongo adamantly denies the allegations and has entered a plea of not guilty to the charges. The Company has reviewed the court filings and determined that Mr. Strongo did not sell any Company stock during the relevant time period. The Company reaffirms its confidence in Mr. Strongo and intends to work with him in defense of the SEC action. Copies of the civil and criminal charging documents are attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.



Exhibit No. Document                                            Location

99.1 Copies of the civil and criminal charging documents Filed Herewith

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