70415--3/14/2007--GP_STRATEGIES_CORP

related topics
{condition, economic, financial}
{personnel, key, retain}
{cost, contract, operation}
{provision, law, control}
{financial, litigation, operation}
{product, market, service}
{acquisition, growth, future}
{control, financial, internal}
{debt, indebtedness, cash}
{stock, price, operating}
{loss, insurance, financial}
{competitive, industry, competition}
{product, liability, claim}
Our holding company structure could adversely affect our ability to pay our expenses and long-term debt obligations. As of December 31, 2005, we identified a material weakness in our internal control over financial reporting and cannot assure you that we will not find further such weaknesses in the future Failure to continue to attract and retain qualified personnel could harm our business. The loss of our key personnel, including our executive management team, could harm our business. Our revenue and financial condition could be adversely affected by the loss of business from significant customers, including the U.S. Government and automotive manufacturers. Our business and financial condition could be adversely affected by government limitations on contractor profitability and the possibility of cost disallowance. We enter into fixed price contracts which could result in reduced profits or losses if we have cost overruns. We maintain a workforce based upon anticipated staffing needs. If we do not receive future contract awards or if these awards are delayed or reduced in scope or funding, we may incur significant costs. Failure to keep pace with technology and changing market needs could harm our business. Changing economic conditions in the United States or the United Kingdom could harm our business and financial condition. Our financial results are subject to quarterly fluctuations. Our revenue and financial condition could be adversely affected by cutbacks by United States domestic automobile manufacturers. Competition could adversely affect our performance. We are subject to potential liabilities which are not covered by our insurance. Acquisitions are part of our growth strategy and may not be successful. We are subject to potential liabilities related to operations we have discontinued. Our stockholder rights plan and authorized preferred stock could make a third-party acquisition of us difficult. Our certificate of incorporation may discourage foreign ownership of our Common Stock.

Full 10-K form ▸

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