secwatch.observer — SEC 8-K summary
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Issuer:     RELIABILITY INC (RLBY)
CIK:        0000034285
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001493152-23-037722
Event type: litigation
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arbitrator appoints rehabilitative receiver over Reliability Inc. to collect $835K award
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- Supplemental Award dated Oct 10, 2023 appoints receiver to collect $835,156 plus 5.5% interest from Vivos Group.
- Receiver may appoint board members, approve auditor, and approve ordinary course actions; cannot alter board, governance, or stock.
- Receivership term is one year, extendable up to three years with arbitrator approval.
- Award stems from August 2022 arbitration where Reliability and Maslow Media Group prevailed against Vivos entities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34285/000149315223037722/0001493152-23-037722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34285/000149315223037722/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037722

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