826253--6/15/2009--AURA_SYSTEMS

related topics

{stock, price, share}

{product, liability, claim}

{customer, product, revenue}

{acquisition, growth, future}

{stock, price, operating}

{control, financial, internal}

{interest, director, officer}

{condition, economic, financial}

{property, intellectual, protect}

{competitive, industry, competition}

Risk Factors Relating to Our Business We have a history of losses and we may not be profitable in any future period. If we are unable to raise capital, our ability to implement our current business plan and ultimately our viability as a company could be adversely affected. Our auditors have qualified their report on our financial statements to indicate that there is substantial doubt as to our ability to continue as a going concern, which could adversely affect our ability to obtain third party financing. Our success over the short-term depends on the commercial success of the AuraGen products, as we are not currently engaged in any other line of business. We may have difficulty managing our growth. The market acceptance of the AuraGen is uncertain. Our business and prospects may be adversely affected by general economic conditions. Our business may be adversely affected by industry competition. We depend on our intellectual property to provide us with a competitive advantage. We depend on third party manufacturers for certain product components. We will need to renew sources of supply to meet increases in demand for the AuraGen . Risks Relating to Our Common Stock Because our operating results have been uneven and may continue to fluctuate, this could affect our stock price. We may issue additional shares of our authorized common stock without obtaining the approval of our stockholders. Because our common stock is subject to rules governing low priced securities, market liquidity for our common stock could be adversely impacted. The potential exercise of outstanding warrants and options could adversely affect the market price of our common stock, dilute the holdings of existing stockholders and impede our ability to obtain additional equity financing. We do not expect to pay dividends on our common stock in the foreseeable future.

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826253--6/15/2009--AURA_SYSTEMS_INC