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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Dec. 31, 2021
COMMITMENTS AND CONTINGENCIES  
NOTE 7 - COMMITMENTS AND CONTINGENCIES

NOTE 7 - COMMITMENTS AND CONTINGENCIES

 

On November 24, 2020, a plaintiff (the “Plaintiff”) filed a complaint in the State District Court for Clark County, Nevada, naming Cytta as a Defendant. The Plaintiff contends that the Company had breached an agreement. On or about January 15, 2021, the Defendant filed an Answer and Counterclaim in the litigation and contended that in fact the Plaintiff owed money to Cytta for having breached an earlier services agreement, of limited scope and duration, and was liable for defaming Cytta in various communications he had sent to certain persons or entities. Management has been contesting the matter vigorously. The plaintiff is seeking damages in excess of $15,000 and the issuance of 1,000,000 of the Company’s common stock. A bench trial is currently expected to take place during the first half of 2022.