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related topics |
{operation, international, foreign} |
{condition, economic, financial} |
{acquisition, growth, future} |
{competitive, industry, competition} |
{stock, price, operating} |
{control, financial, internal} |
{interest, director, officer} |
{stock, price, share} |
{financial, litigation, operation} |
{personnel, key, retain} |
{customer, product, revenue} |
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THE GLOBAL ECONOMY, CAPITAL MARKETS, CREDIT DISRUPTIONS AND POLITICAL ENVIRONMENT CHANGES CAN ADVERSELY IMPACT OUR RESULTS OF OPERATIONS.
Our business is subject to seasonal and other fluctuations that affect our cash flows which could affect our operations.
We operate in very competitive markets and may be unable to compete effectively in the worldwide automotive replacement parts industry.
Our international operations are subject to political, economic risks and foreign currency fluctuations.
WE HAVE INCURRED OPERATING LOSSES SINCE INCEPTION AND WE MAY NEVER BECOME PROFITABLE.
We depend on our relationships with our vendors and a disruption of these relationships or of our vendors operations could have an adverse effect on our business and results of operations.
We could be subject to product liability, personal injury or other litigation claims which could have an adverse effect on our business, financial condition and results of operations.
OUR AUDITOR HAS EXPRESSED SUBSTANTIAL DOUBT ABOUT OUR ABILITY TO CONTINUE AS A GOING CONCERN.
WE WILL NEED ADDITIONAL CAPITAL TO CONTINUE OPERATING OUR BUSINESS AND WE HAVE NO COMMITMENTS TO PROVIDE THAT CAPITAL.
WE MAY BE UNABLE TO MANAGE OUR GROWTH OR IMPLEMENT OUR EXPANSION STRATEGY.
Foreign currency exchange rate fluctuations may adversely affect our business.
Our competitive position and future prospects depend on our senior managers.
BECAUSE OUR DIRECTORS OWN 57.68% OF OUR OUTSTANDING STOCK, THEY WILL MAKE AND CONTROL CORPORATE DECISIONS THAT MAY BE DISADVANTAGEOUS TO MINORITY SHAREHOLDERS.
OUR STOCK IS A PENNY STOCK. TRADING OF OUR STOCK MAY BE RESTRICTED BY THE SEC S PENNY STOCK REGULATIONS AND THE FINRA S SALES PRACTICE REQUIREMENTS, WHICH MAY LIMIT A STOCKHOLDER S ABILITY TO BUY AND SELL OUR STOCK
Full 10-K form ▸
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