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| related topics |
| {gas, price, oil} |
| {interest, director, officer} |
| {loss, insurance, financial} |
| {cost, regulation, environmental} |
| {cost, contract, operation} |
| {stock, price, share} |
| {competitive, industry, competition} |
| {capital, credit, financial} |
| {acquisition, growth, future} |
|
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We are a new business with extremely limited operating history making an investment in TransAct risky.
Our independent auditor has expressed doubts about our ability to continue as a going concern.
If we cannot absorb the costs associated with being a public company your investment may be jeopardized.
If we are unable to acquire additional oil and gas leases we will have no further potential sources of revenue and will be unsuccessful in implementing our business plan.
If we are unable to compete in the oil and gas lease industry we will have to abandon our business plan and you may lose your entire investment in TransAct.
We may incur losses as a result of title deficiencies in the properties in which we invest.
Acquisitions may prove to be worth less than we paid because of uncertainties in evaluating recoverable reserves and potential liabilities.
We may not be able to obtain adequate financing to continue our operations.
The leasing and management of oil and gas properties involves substantial risks that may result in a total loss of investment.
We may suffer losses or incur liability for events that we or third party operators of a property have chosen not to insure against.
The volatility of natural gas and oil prices could have a material adverse effect on our business.
We do not currently have any contracts with any operators, however, exploration and development drilling by third parties may not result in commercially productive reserves.
Although we do not yet have any contracts with partners or third-party operators, financial difficulties encountered by our future partners or third-party operators could adversely affect the exploration and development of our prospects.
Any development project of our resource assets will be directly affected by the royalty regime applicable.
Environmental costs and liabilities and changing environmental regulation could materially affect our cash flow.
We are subject to complex governmental regulations which may adversely affect the cost of our business.
Our stock will likely be subject to the Penny Stock rules, which impose significant restrictions on broker-dealers and may affect the resale of our stock.
Full 10-K form ▸
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