1388410--4/7/2009--Endeavor_Power

related topics

{gas, price, oil}

{stock, price, share}

{loss, insurance, financial}

{interest, director, officer}

{personnel, key, retain}

{cost, operation, labor}

{competitive, industry, competition}

Oil and natural gas prices are volatile, and low prices could have a material adverse impact on our business. Assets we acquire may prove to be worth less than we paid because of uncertainties in evaluating recoverable reserves and potential liabilities. Estimates of oil and gas reserves are uncertain and any material inaccuracies in these reserve estimates will materially affect the quantities and the value of our reserves. The operation of the JV Wells may not be profitable or achieve our targeted returns. Current levels of production are inadequate to support the operations of the Company and permit a profit We depend substantially on the continued presence of key personnel for critical management decisions and industry contacts. The unavailability or high cost of drilling rigs, equipment, supplies, personnel and oil field services could adversely affect our ability to execute our exploration and development plans on a timely basis and within our budget. The marketability of our oil and gas production depends on services and facilities that we typically do not own or control. The failure or inaccessibility of any such services or facilities could result in a curtailment of production and revenues. Our business is highly competitive. Our oil and gas activities are subject to various risks which are beyond our control. Risks Relating to the Common Stock The Company s stock price may be volatile There is currently no liquid trading market for the Company s common stock and the Company cannot ensure that one will ever develop or be sustained Offers or availability for sale of a substantial number of shares of the Company s common stock may cause the price of the Company s common stock to decline or could affect the Company s ability to raise additional working capital The Company s common stock is currently deemed to be penny stock , which makes it more difficult for investors to sell their shares The elimination of monetary liability against the Company s directors, officers and employees under Nevada law and the existence of indemnification rights to the Company s directors, officers and employees may result in substantial expenditures by the Company and may discourage lawsuits against the Company s directors, officers and employees

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1388410--4/7/2009--Endeavor_Power_Corp