276750--4/15/2009--AMBER_RESOURCES_CO_OF_COLORADO

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{stock, price, share}
{investment, property, distribution}
{gas, price, oil}
{cost, regulation, environmental}
{competitive, industry, competition}
Risks Related To Our Business and Industry We currently have no revenues or business operations. We are controlled by Delta. We are currently dependent upon Delta for management and funding and Delta has significant near-term liquidity issues. We are subject to the risk of possibly becoming an investment company The exploration, development and operation of oil and gas properties involve substantial risks that may result in a total loss of investment. The oil and gas industry experiences numerous operating hazards that could result in substantial losses. We depend on Delta to provide management services. We may incur substantial costs to comply with various federal, state and local laws and regulations. Risks Related To Our Stock There is currently no market for our common stock. We may issue shares of preferred stock with greater rights than our common stock. There may be future dilution of our common stock. We do not expect to pay dividends on our common stock. The common stock is an unsecured equity interest in our Company. Our stockholders do not have cumulative voting rights.

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