1025771--3/30/2010--CHASE_PACKAGING_CORP

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{interest, director, officer}
{stock, price, share}
{regulation, change, law}
The expenses related to identifying a target business and to complete a business combination will increase our losses. The tax treatment of a potential business combination is not clear. We have limited ability to evaluate management s target business. We cannot anticipate what role, if any, our management will play in a combined business and whether our management has the necessary experience to manage the combined business. We do not know if we will be able to recruit more management if necessary. In our search for an appropriate combination partner, we will have to compete with other entities with more experience and greater resources; after a successful business combination we will have to face the competitors of the operating company we combine with. The Pink Sheets are characterized by high volatility which may negatively affect our stock price.

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