862861--3/28/2008--APPLIANCE_RECYCLING_CENTERS_OF_AMERICA_INC_/MN

related topics
{customer, product, revenue}
{stock, price, share}
{stock, price, operating}
{condition, economic, financial}
{financial, litigation, operation}
{acquisition, growth, future}
{debt, indebtedness, cash}
{personnel, key, retain}
{cost, regulation, environmental}
{product, market, service}
{cost, operation, labor}
Our strategy of opening new retail stores has resulted in net losses in recent periods. Most of our revenues are derived from retail sales. We expect this dependence on retail sales to continue in the future. We currently purchase product for resale from a limited number of suppliers. Our revenues from recycling contracts increased in 2007, but future revenues from this source are very difficult to project. Our revenues from recycling contracts are subject to seasonal fluctuations and are dependent on the utilities advertising and promotional activities for contracts in which we do not provide advertising services. We may need new capital to fully execute our growth strategy. A decline in general economic conditions could lead to reduced consumer demand for our products and have an adverse effect on our liquidity and profitability. Our market share may be adversely impacted at any time by a significant number of competitors. Changes in governmental regulations relating to our recycling business could increase our costs of operations and adversely affect our business. Our lender has the right to demand payment in full of the borrowings under our line of credit at any time. If it were to do so, we would not be able to pursue our growth strategy and our operations would be severely limited unless and until new financing was obtained. We may not be able to operate successfully if we lose key personnel, are unable to hire qualified personnel, or experience turnover of our management team. We have initiated litigation surrounding intellectual property issues and have successfully avoided a claim of infringement in a second law suit. Risks Related to Our Common Stock If an active trading market for our Common Stock does not develop, the value and liquidity of your investment in our Common Stock could be adversely affected. Our principal shareholders own a large percentage of our voting stock, which will allow them to control substantially all matters requiring shareholder approval.

Full 10-K form ▸

related documents
862861--3/20/2009--APPLIANCE_RECYCLING_CENTERS_OF_AMERICA_INC_/MN
355999--2/29/2008--UNITED_STATIONERS_INC
355999--2/27/2009--UNITED_STATIONERS_INC
842162--3/9/2006--LEAR_CORP
811641--3/23/2006--IMMUCELL_CORP_/DE/
1104252--3/12/2007--DDI_CORP
856250--9/13/2006--CRAFTMADE_INTERNATIONAL_INC
355999--3/1/2007--UNITED_STATIONERS_INC
355999--3/6/2006--UNITED_STATIONERS_INC
46080--2/27/2008--HASBRO_INC
842162--3/17/2009--LEAR_CORP
56701--8/20/2007--KOSS_CORP
1056285--5/2/2007--KIRKLANDS_INC
93631--10/24/2008--FREDERICK'S_OF_HOLLYWOOD_GROUP_INC_/NY/
885245--4/16/2008--BUCKLE_INC
17843--8/20/2009--CARPENTER_TECHNOLOGY_CORP
863436--2/28/2008--BENCHMARK_ELECTRONICS_INC
21828--3/23/2007--COLONIAL_COMMERCIAL_CORP
825542--11/24/2010--SCOTTS_MIRACLE-GRO_CO
1077688--2/28/2007--HOOKER_FURNITURE_CORP
897429--3/28/2008--CHICOS_FAS_INC
46080--2/25/2009--HASBRO_INC
1004608--3/30/2007--PINNACLE_DATA_SYSTEMS_INC
897429--3/27/2009--CHICOS_FAS_INC
1356949--3/14/2007--Houston_Wire_&_Cable_CO
924717--12/14/2006--SURMODICS_INC
1069353--11/21/2007--CONEXANT_SYSTEMS_INC
1003950--3/17/2008--PERFORMANCE_TECHNOLOGIES_INC_\DE\
1001902--2/26/2010--INTEVAC_INC
862861--3/31/2006--APPLIANCE_RECYCLING_CENTERS_OF_AMERICA_INC_/MN