1093928--3/16/2010--SILICON_SOUTH_INC

related topics
{interest, director, officer}
{stock, price, share}
{investment, property, distribution}
{regulation, change, law}
{control, financial, internal}
The Company has had very limited operating history and no revenues or earnings from operations. Our proposed business plan is speculative in nature. The Company is and will continue to be an insignificant participant in the business of seeking mergers with and acquisitions of business entities. The Company has no current arrangement, agreement or understanding with respect to engaging in a merger with or acquisition of a specific business entity. Our management has limited time to devote to our business. The Company s officer and director participates in other business ventures which may compete directly with the Company. Reporting requirements may delay or preclude an acquisition. The Company has neither conducted, nor have others made available to it, market research indicating that demand exists for the transactions contemplated by the Company. The Company s proposed operations, even if successful, will in all likelihood result in the Company engaging in a business combination with only one business entity. Potential for being classified an Investment Company. A business combination involving the issuance of the Company s common stock will, in all likelihood, result in shareholders of a target company obtaining a controlling interest in the Company. The Company s primary plan of operation is based upon a business combination with a business entity which, in all likelihood, will result in the Company issuing securities to shareholders of such business entity. Federal and state tax consequences will, in all likelihood, be major considerations in any business combination the Company may undertake. Management of the Company will request that any potential business opportunity provide audited financial statements. Our stock is subject to the Penny Stock rules, which impose significant restrictions on the Broker-Dealers and may affect the resale of our stock It is possible that a liquid market for our stock will never develop and you will not be able to sell your stock.

Full 10-K form ▸

related documents
1390449--3/5/2008--Arcade_Acquisition_Corp.
319654--3/13/2007--PERMIAN_BASIN_ROYALTY_TRUST
319654--3/2/2009--PERMIAN_BASIN_ROYALTY_TRUST
1329605--4/2/2007--PLATINUM_ENERGY_RESOURCES_INC
917032--12/14/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_III
1060755--9/27/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_V
895993--12/14/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_II
924386--10/4/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_I
319654--3/15/2006--PERMIAN_BASIN_ROYALTY_TRUST
895007--3/13/2009--WILLIAMS_COAL_SEAM_GAS_ROYALTY_TRUST
319654--3/1/2010--PERMIAN_BASIN_ROYALTY_TRUST
18230--2/22/2006--CATERPILLAR_INC
922658--3/30/2009--ZI_CORP
930364--10/30/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_IV
1057076--8/17/2007--RIDGEWOOD_POWER_GROWTH_FUND_/NJ
1005006--4/3/2006--FUTURES_STRATEGIC_TRUST
926805--3/31/2006--DIVERSIFIED_FUTURES_TRUST_I
1090702--4/3/2006--WORLD_MONITOR_TRUST_II_SERIES_F
1019561--4/3/2006--KENMAR_GLOBAL_TRUST
1019561--3/30/2007--KENMAR_GLOBAL_TRUST
1090702--3/20/2008--WORLD_MONITOR_TRUST_II_SERIES_F
1090702--3/30/2007--WORLD_MONITOR_TRUST_II_SERIES_F
1090701--3/30/2007--WORLD_MONITOR_TRUST_II_SERIES_E
930364--12/14/2007--RIDGEWOOD_ELECTRIC_POWER_TRUST_IV
1187449--3/31/2009--AMERICAN_LIFE_HOLDING_CO_INC
1187449--5/13/2010--AMERICAN_LIFE_HOLDING_CO_INC
1338401--3/29/2007--Global_Logistics_Acquisition_CORP
833225--4/3/2006--DIVERSIFIED_FUTURES_FUND_L.P.
856984--4/8/2009--AMERICAN_BIOGENETIC_SCIENCES_INC
276077--3/25/2009--TIDELANDS_ROYALTY_TRUST_B