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| related topics |
| {interest, director, officer} |
| {personnel, key, retain} |
| {operation, international, foreign} |
| {stock, price, share} |
| {control, financial, internal} |
| {acquisition, growth, future} |
| {property, intellectual, protect} |
| {product, candidate, development} |
|
|
Our auditors have indicated that our inability to generate sufficient revenue raises substantial doubt as to our ability to continue as a going concern.
There are legal restrictions on the resale of the common shares offered herein, including Penny Stock Regulations under the U.S. Federal Securities Laws. These restrictions may adversely affect the ability of investors to resell their shares.
To date we have generated limited revenues from operations and we will have additional capital requirements to continue our operations but they might not be available to us on favorable terms or at all, and if unavailable our ability to run our business will be impaired.
We have one officer and director and he spends only a portion of his time on our business.
Our sole officer and director established his own internal controls over our financial reporting, disclosure controls and procedures. He is responsible for monitoring these controls and has limited experience that may lead to errors and omissions.
If we lose the services of our President we will be left without management.
Our President has limited experience in financial accounting.
We rely on consultants and if we are unable to retain these or other similarly qualified individuals, we may not be able to carry out our business operations.
We have conducted limited market research on the viability of our service. There is no guarantee that we will be able to sell enough of our service to generate a profit and failure to become profitable will result in the failure of our business.
We conduct our business in Canadian currency, the value of which fluctuates against the U.S. dollar.
An appreciation in the Canadian dollar against the US dollar will have adverse effects on our business and result of operations.
Patents, Licenses, Trademarks, Franchises, Concessions, or Royalty Agreements
(c) Reports to security holders
Full 10-K form ▸
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