842295--3/29/2007--TOR_MINERALS_INTERNATIONAL

related topics

{operation, international, foreign}

{customer, product, revenue}

{debt, indebtedness, cash}

{cost, contract, operation}

{operation, natural, condition}

{cost, regulation, environmental}

{product, market, service}

{interest, director, officer}

Our foreign debt is subject to subjective acceleration provisions and demand provisions that allow our lending institutions to accelerate payment at any time. If our foreign debt were accelerated under the demand provisions, our working capital and financial condition would be severely impacted. We have one primary source for SR and if that source was not available, we could not produce our primary product, HITOX. We are dependent on a limited number of customers and could experience significant revenue reductions if they use alternative sources. Foreign currency fluctuations could adversely impact our financial condition. We borrow funds from time to time from members of our board of directors for working capital purposes. Our competitors are established companies that have greater experience than us in a number of crucial areas, including manufacturing and distribution. Increases in energy, freight and certain raw material costs could negatively affect future gross margins. Our US operation is located on the Gulf of Mexico coastline and could be adversely affected by hurricanes. Doing business in foreign countries carries with it certain risks that are not found in doing business in the US.

Full 10-K form ▸

842295--3/29/2007--TOR_MINERALS_INTERNATIONAL_INC