1023844--12/10/2007--NATIONAL_HOLDINGS

related topics

{stock, price, share}

{control, financial, internal}

{loss, insurance, financial}

{stock, price, operating}

{debt, indebtedness, cash}

{financial, litigation, operation}

{personnel, key, retain}

{system, service, information}

{provision, law, control}

{customer, product, revenue}

{interest, director, officer}

{loan, real, estate}

{regulation, government, change}

{competitive, industry, competition}

{acquisition, growth, future}

{operation, international, foreign}

{condition, economic, financial}

{capital, credit, financial}

The Company s operations have generated reporting losses during certain fiscal years. The Company may require additional financing. If the Company is unable to pay its outstanding debt obligations when due, the Company s operations may be materially adversely affected. Because the common stock may be subject to "penny stock" rules, the market for the common stock may be limited. National Securities is subject to various risk associated with the securities industry. Failure to comply with net capital requirements could subject us to sanctions imposed by the SEC or the The Company is exposed to risks associated with its underwriting activities. The Company s business could be adversely affected by a breakdown in the financial markets. Market fluctuations may reduce the Company s revenues and profitability. Competition with other financial firms may have a negative effect on the Company s business. There are risks associated with our stock trading on the OTCBB rather than on a national exchange. The Company is currently subject to extensive securities regulation and the failure to comply with these regulations could subject the Company to penalties or sanctions. The Company relies on clearing brokers and unilateral termination of the agreements with these clearing brokers could disrupt the Company s business. Credit risk exposes the Company to losses caused by financial or other problems experienced by third parties Our risk management policies and procedures may leave us exposed to unidentified risks or an unanticipated level of risk. Adverse results of current litigation and potential securities law liability would result in financial losses and divert management s attention to business. senior employees and the loss of their services could harm our business The Company faces significant competition for registered representatives. The price of our common stock is volatile. We have restricted shares outstanding that may depress the price of the common stock. Our Board of Directors can issue shares of "blank check" preferred stock without further action by our stockholders. The Company s principal shareholders including our directors and officers control a large percentage of our shares of common stock and can significantly influence our corporate actions. We will be subject to new requirements that we evaluate our internal controls over financial reporting under Section 404 of the Sarbanes-Oxley Act and other corporate governance initiatives that may expose us to certain risks. We do not expect to pay any dividends on our common stock in the foreseeable future.

Full 10-K form ▸

1023844--12/10/2007--NATIONAL_HOLDINGS_CORP