{"url_path":"/sec/cik-0001429393/10-q/2026/item-1","section_key":"item-1","section_title":"Item 1 Legal Proceedings.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1429393/0001477932-26-003738-index.html","accession_number":"0001477932-26-003738","cik":"0001429393","ticker":null,"issuer_name":"Trutankless, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1429393/0001477932-26-003738-index.html","primary_entity_key":"0001429393","primary_entity_name":"Trutankless, Inc."},"word_count":334,"has_tables":true,"body_markdown":"**Item 1. Legal Proceedings.**\n\n \n\nFrom time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.\n\n \n\nOn July 6, 2020, we received a letter from the staff of the Division of Enforcement of the Securities and Exchange Commission (the “Staff”) that indicated the Company may have violated certain rules and regulations regarding a late filing notification filed by the Company and that the Staff is conducting an informal inquiry into the matter. On April 29, 2021, the Company agreed to pay civil penalties of $25,000 to the Securities and Exchange Commission in settlement of the matter. Payment shall be made in the following four installments: (1) $5,000 within 14 days of entry of the order; (2) $7,500 within 180 days of entry of the order; (3) $6,250 within 270 days of entry of the order; and (4) $6,250 within 360 days of entry of the order. As of March 31, 2026, $20,000 remained due.\n\n \n\nOn April 6, 2023, the Company was served a Summons for an Amended Complaint filed in the state of Florida with claims for Strict Liability, Negligence and Breach of Implied Warranty. The complaint, filed by an insurance company, stems from its payments for claims filed by a policy holder on two separate occasions. The first* insurance* claim *payment* was due to a leak caused by improper installation in which the contractor failed to meet local codes. The second *insurance claim payment* followed the contractor’s failure to properly repair the improper installation. The complaint states that the contractor failed to follow basic installation guidelines supplied with the product in either incident, resulting in damages. On June 8, 2023, the Court of Duval County, FL entered a default judgement for $38,768. As of March 31, 2026, the Company has not paid any of this balance."}