1084557--3/31/2008--TASKER_PRODUCTS

related topics

{stock, price, share}

{control, financial, internal}

{property, intellectual, protect}

{product, candidate, development}

{stock, price, operating}

{provision, law, control}

{cost, contract, operation}

{competitive, industry, competition}

{tax, income, asset}

{capital, credit, financial}

RISKS RELATED TO OUR BUSINESS Unless we obtain new financing and/or generate revenue growth in the near future, our liquidity position will become significantly impaired We have lost money in each fiscal quarter since we changed our business model to the development of products in the oral care, food processing, skin care, water purification and pet industries. We expect future losses and we may never become profitable. To the extent that future impairment charges occur, they will likely have a material impact on our financial results. We have a limited operating history in our present market and prospective investors have a limited historical basis on which to judge our ability to be successful. We completed in July 2005 a significant acquisition of certain assets of pHarlo Citrus Technologies, Inc. and other related entities. We cannot guarantee that we will be able to manage these new assets profitably Past restatements and amendments to our interim financial statements and quarterly reports, as well as deficiencies in our disclosure controls and procedures and internal control over financial reporting, may present a risk of future restatements and disclosure compliance errors which could lead to legal exposure We have limited experience in the marketing of our products and may not be able to market them successfully Our ability to reach some of the markets currently set forth in our business plan will require regulatory approval. In addition, new products that we may develop or acquire may also require regulatory approval. A key component of our business strategy is the proprietary nature of the pHarlo concentrate, and, therefore, our inability to protect our intellectual property rights could materially harm our business. Intense competition could harm our financial performance and the value of your investment Some provisions of our amended and restated articles of incorporation, bylaws, and Delaware law may inhibit potential acquisition bids that may be considered favorable to our stockholders. RISKS RELATED TO OUR COMMON STOCK If we are unable to comply with the terms of registration rights agreements to which we are a party, we may be obligated to pay liquidated damages to some of our security holders. Future sales of our common stock may cause our stock price to decline. Our stock price has been extremely volatile in recent years and continues to fluctuate widely. The large number of shares available for future sale could adversely affect the price of our common stock. The effect of a possible reverse split of our common stock is unknown. Our common stock, which is quoted on the OTC Bulletin Board, has several disadvantages from those securities traded on The Nasdaq Stock Market. If we fail to remain current on our reporting requirements, we could be removed from the OTC Bulletin Board, which would limit the ability of broker-dealers to sell our securities and the ability of stockholders to sell their securities in the secondary market. Since our common stock is subject to the SEC s penny stock rules, broker-dealers may experience difficulty in completing customer transactions and trading activity in our securities may be adversely affected.

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1084557--3/31/2008--TASKER_PRODUCTS_CORP