1287900--6/30/2006--RANCHER_ENERGY

related topics

{gas, price, oil}

{stock, price, share}

{control, financial, internal}

{operation, natural, condition}

{interest, director, officer}

{cost, regulation, environmental}

{acquisition, growth, future}

{loss, insurance, financial}

We have incurred losses to date, we expect future losses, and we may never become profitable Our auditors have issued a going concern opinion, hence there is substantial uncertainty that we will continue operations. We lack an operating history, have never had any revenues, have no immediate prospects for revenues, and have losses which we expect to continue. If we are unable to obtain additional funding our business operations will be harmed. Our business depends on the level of activity in the oil and gas industry, which is significantly affected by volatile energy prices. Our business involves numerous operating hazards. Our current properties are located in the Rocky Mountains, making us vulnerable to risks associated with operating in one major geographic area. Competition in the oil and gas industry is intense, which may adversely affect our ability to succeed. If oil and gas prices decrease, we may be required to take write-downs of the carrying values of our oil and gas properties. Governmental laws and regulations may add to our costs or limit our drilling activity. There are risks associated with forward-looking statements made by us and actual results may differ. Our stock price and trading volume may be volatile, which could result in losses for our stockholders. NASD sales practice requirements limit a stockholders' ability to buy and sell our stock. We do not expect to pay dividends in the foreseeable future. As a result, holders of our common stock must rely on stock appreciation for any return on their investment.

Full 10-K form ▸

1287900--6/30/2006--RANCHER_ENERGY_CORP.