1092283--3/28/2008--INVENDA

related topics

{financial, litigation, operation}

{stock, price, share}

{system, service, information}

{product, market, service}

{property, intellectual, protect}

{condition, economic, financial}

{personnel, key, retain}

{competitive, industry, competition}

{acquisition, growth, future}

{regulation, government, change}

{stock, price, operating}

{control, financial, internal}

{product, liability, claim}

Risks Related to Our Business We have incurred net losses since inception, expect to incur continuing losses and may never become profitable. Our future results and the demand for our services are uncertain, and we will not become profitable if our services do not achieve market acceptance. Loss of a significant customer could have a material adverse effect on our business, financial condition, results of operations and cash flow. If we are unable to obtain financing to fund our business we may be forced to cease operations. We may not be able to compete successfully against current and future competitors. Our Collabrys and E-centives brands may not achieve the level of recognition necessary to attract additional clients, and building recognition of these brands may require us to expend funds on marketing, either of which could materially adversely affect our business, financial condition, results of operations and cash flow. Our ConsumerReview.com brand, and the brands of our respective web sites, may not achieve the level of recognition necessary to attract additional clients and consumers, and building recognition of such brands may require us to expend funds on marketing, either of which could materially adversely affect our business, financial condition, results of operations and cash flow. Our network infrastructure, computing systems or software may fail or be compromised or damaged, which could harm our reputation, as well as materially adversely affect our business, financial condition, results of operations and cash flow. Our system capacity needs are untested at higher levels than we have serviced in the past and our failure to handle the growth of each of our systems may materially adversely affect our business, financial condition, results of operations and cash flow or require us to expend substantial capital. Our business could suffer if Internet users reduce or block our access to their personal data. Privacy laws may be enacted or applied to us, which could restrict our ability to disclose consumer data to third parties, which could materially adversely affect our business, financial condition, results of operations and cash flow. If we are not successful in protecting our intellectual property, our business will suffer. If we infringe upon the intellectual property rights of others, our business, financial condition, results of operations and cash flow could be materially adversely affected. We may be subject to claims based on the content of promotions we deliver. Our business may be affected by seasonal fluctuations in marketing spending and Internet use, which could cause our stock price to fluctuate widely and/or materially adversely affect our business, financial operations, financial results and cash flow. If we do not manage our growth, our business, financial condition, results of operations and cash flow could be materially adversely affected. If we lose the services of any of our key personnel, our business and stock price could suffer. If we are unable to attract and retain highly skilled employees, our business, financial condition, results of operations and cash flow could be materially adversely affected. Risks Related to Our Industry The demand for Internet direct marketing services is uncertain. Many of ConsumerReview.com s clients are emerging Internet companies that represent credit risks. New regulation of, and uncertainties regarding the application of existing laws and regulations to, online direct marketing and the Internet could prohibit, limit or increase the cost of our business. Additional Risks Related to Ownership of Our Common Stock We are, and will continue to be, controlled by our board members, who may approve corporate actions with which you may disagree. Although our common stock is listed on the SWX Swiss Exchange, it is thinly traded. The market price of our common stock, like the market prices of stocks of other Internet-related companies, may fluctuate widely and rapidly. The listing of our shares on the SWX Swiss Exchange may limit our ability to raise capital and could limit our ability to do acquisitions with our stock. Our stockholders have experienced substantial dilution in their equity ownership and voting power over the last several years and may experience further dilution in the future.

Full 10-K form ▸

1092283--3/28/2008--INVENDA_CORP