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related topics |
{acquisition, growth, future} |
{customer, product, revenue} |
{competitive, industry, competition} |
{control, financial, internal} |
{product, market, service} |
{stock, price, share} |
{regulation, change, law} |
{personnel, key, retain} |
{debt, indebtedness, cash} |
{financial, litigation, operation} |
{property, intellectual, protect} |
{stock, price, operating} |
{cost, regulation, environmental} |
{provision, law, control} |
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There is no assurance that the Summit acquisition will be successfully
completed. If we fail to obtain required financing and licenses and Summit
meets our conditions to closing, we will be required to pay Summit a $1 million
If completed, our acquisition of Summit may not produce the results we
We anticipate incurring significant debt to finance the acquisition of Summit.
We depend on the bingo and electronic bingo industry.
Our success depends on our ability to respond to rapid market changes and product enhancements.
To compete successfully, we must retain and extend our existing contracts with customers and secure new customers.
Some of our customers may terminate agreements with us on relatively short notice.
Our compliance with several governmental and other regulations is costly and subjects our company to significant risks.
We depend on our relationships with our distributors.
We depend on Native American laws in the operation of a portion of our business.
If our games were classified as Class III games under the Indian Gaming Regulatory Act, we may not be able to obtain the necessary approvals to operate our business, or we may have to modify our systems to be classified as Class II games.
The electronic bingo industry is extremely competitive.
Investors may not be able to exercise control over our company as a result of principal stockholders ownership.
We must be able to attract and retain skilled employees.
Acquisitions could divert management s time and attention, dilute the voting power of existing stockholders, and have a material adverse effect on our business.
Our failure to manage effectively our growth could impair our business.
Sales of additional shares of common stock, or the potential for such sales, could have a depressive effect on the market price of our common stock.
We have limited protection of our intellectual property.
Our Stockholders Rights Plan may adversely affect existing stockholders.
Our operating results could differ materially from the forward-looking statements included in this report.
We depend on our controls to prevent and detect misstatements on a timely basis.
Full 10-K form ▸
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