1292026--3/31/2008--Odimo

related topics

{stock, price, share}

{stock, price, operating}

{tax, income, asset}

{provision, law, control}

{interest, director, officer}

We are a non-operating shell company. We do not intend to pay dividends on our common stock, and, consequently, your only opportunity to achieve a return on your investment is if the price of our common stock appreciates. Our common stock is currently quoted for trading on the Over the Counter Bulletin Board which may adversely impact the liquidity of our shares and reduce the value of an investment in our stock. Because our common stock is considered a penny stock any investment in our common stock is considered to be a high-risk investment and is subject to restrictions on marketability. Our stock price has been and may continue to be volatile. Future sales of our common stock may cause our stock price to decline. Anti-takeover provisions in our organizational documents and Delaware law may discourage or prevent a change in control, even if an acquisition would be beneficial to our stockholders, which could affect our stock price adversely and prevent attempts by our stockholders to replace or remove our current management. A significant portion of our voting power is concentrated and, as a result, our other stockholders ability to influence corporate matters may be limited. Our ability to use net operating loss carryforwards may be limited.

Full 10-K form ▸

1292026--3/31/2008--Odimo_INC