Item
7.01 Regulation FD Disclosure
The
information set forth under Item 2.02 of this Current Report is incorporated herein by reference. In addition, on November 12,
2020, management of the Company plans to discuss the Company’s financial results for the third quarter ended September 30,
2020 and the Company’s business plan, strategy and outlook on an earnings conference call with analysts and investors. The
supplemental slides to be referenced during the conference call are attached as Exhibit 99.2.
The
information contained in Items 2.02 and 7.01 to this Current Report on Form 8-K, including the exhibits, is being
“furnished” and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that
section, nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Forward
Looking Statements
In
addition to the historical information in this Current Report on Form 8-K and in the exhibits to this Current Report on Form 8-K,
it includes forward-looking statements, such as our expectations regarding future sales, the impact, length and severity of the
COVID-19 pandemic, and the adequacy of the actions taken in response to the pandemic, which involve a number of risks and uncertainties,
including but not limited to those discussed in the “Risk Factors” section contained in Item 1A in our Annual Report
on Form 10-K for the year ended December 31, 2019, Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the
quarterly period ended September 30, 2020 and the Company’s subsequent filings with the Securities and Exchange Commission,
and the following risks and uncertainties: the negative impact that the COVID-19 pandemic has already had, and may continue to
have, on the Company’s business and financial condition, the Company’s ability to maintain and expand its revenue
streams to compensate for the lower demand for the Company’s digital cinema products and installation services, potential
interruptions of supplier relationships or higher prices charged by suppliers, the Company’s ability to successfully compete
and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments,
the Company’s access to capital, the Company’s ability to successfully execute its capital allocation strategy, the
Company’s ability to maintain its brand and reputation and retain or replace its significant customers, challenges associated
with the Company’s long sales cycles, the impact of a challenging global economic environment or a downturn in the markets
(such as the current economic disruption and recession and market volatility generated by the ongoing COVID-19 pandemic), economic
and political risks of selling products in foreign countries (including tariffs), risks of non-compliance with U.S. and foreign
laws and regulations, potential sales tax collections and claims for uncollected amounts, cybersecurity risks and risks of damage
and interruptions of information technology systems, the Company’s ability to retain key members of management and successfully
integrate new executives, the Company’s ability to complete acquisitions, strategic investments, entry into new lines of
business, divestitures, mergers or other transactions on acceptable terms or at all, the impact of the COVID-19 pandemic on the
companies in which the Company holds investments, the Company’s ability to utilize or assert its intellectual property rights,
the impact of natural disasters and other catastrophic events (such as the ongoing COVID-19 pandemic), the adequacy of insurance,
the impact of having a controlling stockholder and vulnerability to fluctuation in the Company’s stock price. Given the
risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the
statements are predictions of future results which may not occur as anticipated. Many of the risks listed above have been, and
may further be, exacerbated by the COVID-19 pandemic, its impact on the cinema and entertainment industry, and the worsening economic
environment. Actual results could differ materially from those anticipated in the forward-looking statements and from historical
results, due to the risks and uncertainties described herein, as well as others not now anticipated. New risk factors emerge from
time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such
factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results
to differ materially from those contained in any forward-looking statements. Except where required by law, the Company assumes
no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or
assumptions affecting such forward-looking statements.