Item 8.01. Other Events.

As previously disclosed, Reliability Incorporated (the "Company") and Maslow Media Group, Inc. ("MMG") were in arbitration with Vivos Holdings, LLC ("Vivos"), Vivos Real Estate Holdings, LLC ("VREH"), Naveen Doki ("Naveen") Silvija Valleru ("Valleru"), Suresh Doki ("Suresh"), Shirisha Janumpally ("Janumpally"), individually and as Trustee of Judos Trust, Kalyan Pathuri ("Pathuri"), individually and as Trustee of Igly Trust, and Federal Systems, LLC ("Federal Systems" and, together with Vivos, VREH, Naveen, Valleru, Suresh, Janumpally and Pathuri, collectively the "Vivos Group") before a retired judge (the "Arbitrator") relating to amounts due and owing under various promissory notes and to a claim for fraud regarding that certain Merger Agreement between the Company, MMG and certain other persons and entities, dated September 18, 2019 (the "Merger Agreement"). The arbitration hearings were held over the course of six days in March 2022 with closing arguments in June 2022.

On August 31, 2022, the Arbitrator issued an award (the "Award") with the Company and MMG prevailing on their claims. The Company and MMG were awarded the following:





  ? an award in favor of MMG against Vivos under Note I (as defined in the Award)
    in the amount of $3,458,377, with interest thereon from June 30, 2022, at the
    rate of 4.5% per year;
  ? no award as to Note II (as defined in the Award) until and at such time as the
    automatic stay imposed by the United States Bankruptcy Court as a result of
    the filing of a petition in bankruptcy by VREH is lifted or the bankruptcy
    proceeding is terminated;
  ? an award in favor of MMG against Vivos under Note III (as defined in the
    Award) in the amount of $800,448, with interest thereon from June 30, 2022, at
    the rate of 2.5% per year, plus collection costs, including reasonable
    attorneys' fees, incurred in the effort to collect Note III;
  ? an award in favor of MMG against Naveen under the Personal Guaranty (as
    defined in the Award) in the amount of $2,309,449, plus interest thereon at
    the rate of 6% per year from the date of the Award;
  ? an award in favor of the Company against Naveen, Valleru, Janumpally,
    individually and as Trustee of Judos Trust, and Pathuri, as Trustee of Igly
    Trust, jointly and severally, for contract damages of $1,000,000, to be
    satisfied by the transfer of their shares of the Company common stock to the
    Company equal in value to $1,000,000, valued as of the date of the Award, in
    accordance with the provisions of Section 9.06(d) of the Merger Agreement;
  ? an award in favor of the Company against Naveen, Valleru, Janumpally,
    individually and as Trustee of Judos Trust, and Pathuri, as Trustee of Igly
    Trust, jointly and severally, for fraud damages in the amount of $4,327,127,
    plus interest thereon at the rate of 6% per year from the date of the Award,
    together with any out-of-pocket fees and expenses, including attorneys' and
    accountants' fees;
  ? an award appointing a rehabilitative receiver for the Company under the
    deadlock situation provisions of Section 11.404(a)(1)(B) of the Texas Business
    Organizations Code, the primary function of which is to collect the contract
    and fraud damages, including costs, expenses and fees provided in the Award,
    due to the Company, with matters regarding such receivership to be set forth
    in a supplemental award; and
  ? declaratory relief in favor of the Company and its officers and directors.

Item 9.01. Financial Statements and Exhibits.





(d)    Exhibits



Exhibit Number   Description
     99.1          Arbitration Award, dated August 31, 2022.
     104         Cover Page Interactive Data (embedded within the Inline XBRL
                 document).

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