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| related topics |
| {stock, price, share} |
| {acquisition, growth, future} |
| {interest, director, officer} |
| {gas, price, oil} |
| {regulation, change, law} |
| {control, financial, internal} |
| {stock, price, operating} |
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Risks associated with our company:
Because our auditors have issued a going concern opinion, there is substantial uncertainty we will continue operations in which case you could lose your investment.
Our plan of operation is limited to locating and acquiring projects or properties which offer favourable prospects. As such we have no plans for revenue generation. Accordingly, you should not expect any revenues from operations.
Because the probability of an individual prospect ever having reserves is extremely remote any funds spent on exploration will probably be lost.
We lack an operating history and have losses which we expect to continue into the future. As a result, we may have to suspend or cease operations.
Because our sole officer and director owns more than 50% of our outstanding shares, he will decide who will be directors and the direction of our company, and you will not be able to elect any directors or control operations .
Because all of our assets and our sole officer and director is located outside the United States of America, it may be difficult for an investor to enforce within the United States any judgments obtained against us or any of our sole officer and director.
Because we have only one officer and director who is responsible for our managerial and organizational structure, in the future, there may not be effective disclosure and accounting controls to comply with applicable laws and regulations which could result in fines, penalties and assessments against us.
Because we may issue additional shares of common stock, your investment could be subject to substantial dilution.
Because there is no public trading market for our common stock, you may not be able to resell your stock and as a result your investment is illiquid .
Because our securities are subject to penny stock rules, you may have difficulty reselling your shares .
Our success depends on our ability to raise additional capital.
Full 10-K form ▸
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