1396335--2/19/2008--Powersafe_Technology_Corp

related topics
{stock, price, share}
{interest, director, officer}
{product, candidate, development}
{property, intellectual, protect}
{stock, price, operating}
{control, financial, internal}
{cost, operation, labor}
{product, liability, claim}
{capital, credit, financial}
{debt, indebtedness, cash}
{acquisition, growth, future}
Risks Relating to Our Company We are a development stage company with no operating history and may never be able to carry out our business plan or achieve any revenues or profitability; at this stage of our business, even with our good faith efforts, potential investors have a high probability of losing their entire investment. We are a development stage company with no operating history and may never be able to carry out our business plan or achieve any revenues or profitability; at this stage of our business, even with our good faith efforts, potential investors have a high probability of losing their entire investment. We expect to incur operating losses in the next twelve months because we have no plan to generate revenue unless and until we successfully develop a prototype of our multiple outlet power box. We expect to incur operating losses in the next twelve months because we have no plan to generate revenue unless and until we successfully develop a prototype of our multiple outlet power box. We do not have sufficient cash to fund our operating expenses for the next twelve months, and we will require additional funds through the sale of our common stock, which requires favorable market conditions and interest in our activities by investors. We may not be able to sell our common stock, and funding may not be available for continued operations. We do not have sufficient cash to fund our operating expenses for the next twelve months, and we will require additional funds through the sale of our common stock, which requires favorable market conditions and interest in our activities by investors. We may not be able to sell our common stock, and funding may not be available for continued operations. Our auditors have expressed substantial doubt about our ability to continue as a going concern. Our auditors have expressed substantial doubt about our ability to continue as a going concern. We have no track record that would provide a basis for assessing our ability to conduct successful business activities. We may not be successful in carrying out our business objectives. We have no track record that would provide a basis for assessing our ability to conduct successful business activities. We may not be successful in carrying out our business objectives. As a development stage company in the electrical components industry, we may experience substantial cost overruns in manufacturing and marketing our product, and we may not have sufficient capital to successfully complete the development and marketing of our product As a development stage company in the electrical components industry, we may experience substantial cost overruns in manufacturing and marketing our product, and we may not have sufficient capital to successfully complete the development and marketing of our product Because our officers have no experience in running a company that sells multiple outlet power boxes, they may not be able to successfully operate such a business which could cause you to lose your investment Because our officers have no experience in running a company that sells multiple outlet power boxes, they may not be able to successfully operate such a business which could cause you to lose your investment Because Ms. Krasney and Mr. Schwartz have other outside business activities and will only be devoting 10% of their time to our operations, our operations may be sporadic, which may result in periodic interruptions or suspensions of our business activities. Because Ms. Krasney and Mr. Schwartz have other outside business activities and will only be devoting 10% of their time to our operations, our operations may be sporadic, which may result in periodic interruptions or suspensions of our business activities. Our Directors and officers own a majority of the outstanding shares of our common stock, and other stockholders may not be able to influence control of the Company or decision making by management of the Company. Our Directors and officers own a majority of the outstanding shares of our common stock, and other stockholders may not be able to influence control of the Company or decision making by management of the Company. If our intellectual property protection is inadequate, competitors may gain access to our technology and undermine our competitive position. If our intellectual property protection is inadequate, competitors may gain access to our technology and undermine our competitive position. We may be subject to intellectual property litigation such as patent infringement claims, which could adversely affect our business. We may be subject to intellectual property litigation such as patent infringement claims, which could adversely affect our business. You will experience difficulties in attempting to enforce liabilities based upon U.S. federal securities laws against our non-U.S. resident Directors and officers. You will experience difficulties in attempting to enforce liabilities based upon U.S. federal securities laws against our non-U.S. resident Directors and officers. If and when we sell our products, we may be liable for product liability, and we presently do not maintain product liability insurance. If and when we sell our products, we may be liable for product liability, and we presently do not maintain product liability insurance. Risks Relating to Our Common Stock We may, in the future, issue additional shares of our common stock, which would reduce investors percent of ownership and may dilute our share value. We do not need shareholder approval to issue additional shares. We may, in the future, issue additional shares of our common stock, which would reduce investors percent of ownership and may dilute our share value. We do not need shareholder approval to issue additional shares. Our common stock is subject to the penny stock rules of the SEC, and the trading market in our securities is limited, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock. Our common stock is subject to the penny stock rules of the SEC, and the trading market in our securities is limited, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock. There is no active public market for our stock, and an active public market may not be obtained or be liquid, and therefore, investors may not be able to sell their shares. There is no active public market for our stock, and an active public market may not be obtained or be liquid, and therefore, investors may not be able to sell their shares.

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