1009922--4/26/2006--ENERGY_EXPLORATION_TECHNOLOGIES_/

related topics
{stock, price, share}
{product, market, service}
{property, intellectual, protect}
{operation, natural, condition}
{stock, price, operating}
{personnel, key, retain}
{operation, international, foreign}
{regulation, change, law}
{interest, director, officer}
{customer, product, revenue}
Our ability to continue operating is not certain and we may be forced to liquidate the Company. Our rights to SFD technology may be challenged and we may need to defend our rights to the technology in the courts. We are changing our business strategy and this new strategy may not be successful We rely on a limited number of SFD sensors and this limitation may affect our ability to conduct business. We require ongoing technology development otherwise we may not be able to respond to changes in customer requirements or new competitive technologies. We are dependent on key personnel, the loss of any of these key persons will impact our ability to conduct business. A single major shareholder who is also a Board member and an officer of the Company retains the ability to influence or control the Company and this influence or control may result in a conflict of interest. There is no certainty that an investor can trade our common shares on public markets at a stable market price You will be subject to the penny stock rules to the extent our stock price on the OTC Bulletin Board is less than 5.00 You should not expect to receive dividends Our right to issue additional capital stock at any time could have an adverse effect on your proportionate ownership and voting rights We may not be able to protect our trade secrets and intellectual property from competitors who would use this knowledge to eliminate or reduce our technological advantage. We experience operational hazards in our flight operations that may subject us to potential claims in the event that an incident or accident occurs. We operate in the oil and gas industry subjecting us to industry specific hazards that can result in unexpected costs to the Company. A potential exists that superior alternative technologies may be developed that would result in our SFD system becoming uneconomic. We conduct business in foreign currencies thereby exposing us to currency exchange losses. We are a Canadian company and our nationality may impair the enforceability of judgment for persons resident outside Canada.

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