850261--3/30/2009--QUIKBYTE_SOFTWARE

related topics

{interest, director, officer}

{stock, price, share}

{acquisition, growth, future}

{investment, property, distribution}

{regulation, change, law}

{provision, law, control}

{personnel, key, retain}

There is competition for those private companies suitable for a business combination of the type contemplated by our management. Since we have not yet identified a target business, we cannot currently ascertain the merits or risks of the business with which we may ultimately complete a transaction. It may be impracticable for us to complete an exhaustive investigation of a target business The time and cost of preparing a private company to become a public reporting company may preclude us from entering into a merger or other business combination with the most attractive private companies. We will likely only be able to complete one business combination, which will cause us to be solely dependent on a single business and a limited number of products or services. If we are deemed to be an investment company, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete a merger or other business combination. Any potential merger or business combination by the Company may subject us to additional risks We are heavily dependent upon our management and outside advisors Our officers and directors will also allocate their time to other businesses, and such other affairs could limit their ability to find and help us consummate a business combination. We will likely require additional financing in order to complete a merger or other business combination with an operating business and there can be no assurance that such financing will be available We have never paid dividends on our Common Stock. A business combination would likely cause a change in control of our ownership. We may issue shares of our capital stock to complete a business combination, which would likely result in substantial dilution of our shareholders Trading of our Common Stock is limited, making it difficult for our shareholders to sell their shares.

Full 10-K form ▸

850261--3/30/2009--QUIKBYTE_SOFTWARE_INC