774517--6/25/2009--AMERICAN_CLAIMS_EVALUATION

related topics

{control, financial, internal}

{condition, economic, financial}

{acquisition, growth, future}

{tax, income, asset}

{personnel, key, retain}

{stock, price, share}

{customer, product, revenue}

We are dependent on our professional staff and we need to hire and retain skilled personnel to sustain and grow our business. Our growth strategy assumes that we will make targeted strategic acquisitions. We may not be able to achieve or maintain profitability. Our business is subject to the risk of customer concentration. Our operating results are materially impacted by the seasonality of our business. Our investment in recorded goodwill resulting from our acquisition could be impaired as a result of future business conditions, requiring us to record substantial write-downs that would reduce our operating income. If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, current and potential shareholders could lose confidence in our financial reporting, which could harm our business and the trading price of our shares. Our common stock could be delisted from the NASDAQ Capital Market.

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774517--6/25/2009--AMERICAN_CLAIMS_EVALUATION_INC