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related topics |
{gas, price, oil} |
{interest, director, officer} |
{control, financial, internal} |
{personnel, key, retain} |
{regulation, government, change} |
{cost, contract, operation} |
{property, intellectual, protect} |
{product, candidate, development} |
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Our financial condition raises substantial doubt about our ability to continue as a going concern.
We lack an operating history in our current business plan, which make it difficult for you to evaluate whether we will be able to continue our operations or ever be profitable.
Because we are an exploration stage company, we currently have no significant operations, and our future operations are subject to substantial risks, we may be unsuccessful in conducting our operations.
We are subject to substantial regulation of our business, including requirements to obtain numerous licenses and permits in the operation of our business; if we are denied needed government licenses and permits or otherwise fail to comply with federal and state requirements, we may be subject to increased compliance costs and fines or penalties.
The successful implementation of our plan of operations is subject to risks inherent in the oil and gas business.
Our ability to produce sufficient quantities of oil and gas from our properties may be adversely affected by factors outside of our control.
We rely upon third parties in our business which could adversely affect our business
Market fluctuations in the prices of oil gas could adversely affect our business.
Our President devotes less than full time to our business, which may negatively impact our operations.
The services of our President, Vice President of Operations, and Chairman of the Board are essential to the success of our business; the loss of any of these personnel will adversely affect our business.
Full 10-K form ▸
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