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Please consider the following risk factors before deciding to invest in our common stock. Risks associated with Anvil Forest Products Inc.:
Because our auditors have issued a going concern opinion, there is substantial uncertainty as to whether we will continue activities. You could lose your investment.
We have a limited operating history and have losses which we expect to continue into the future. As a result, we may have to suspend or cease operations.
We plan to rely on third-party suppliers from whom we purchase the raw materials for our hardwood flooring and unfinished hard wood paneling.
If a floor installed by us were defective, we may be subject to significant litigation and the costs associated with defending against litigation.
Because Walter Brenner and Horst Balthes, our only officers and directors, have other outside business activities and will only be devoting 20% of their time or approximately four hours per week to our activities, our activities may be sporadic which may result in periodic interruptions or suspensions
Because all of our assets and our officers and our director are 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 our officers and directors.
Because we have only two officers and directors who are 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.
8. We have obtained revenue from two customers, unaffiliated third parties. The revenue was from the sale of inventory rather than our construction services. There is no assurance that we will be able to find customers. We may not find customers. If we fail to find customers, we will not generate revenue or become profitable.
Because we may issue additional shares of common stock, your investment could be subject to substantial dilution.
Because our securities are subject to penny stock rules, you may have difficulty reselling your shares
Full 10-K form ▸
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