Financing risk. The Company currently does not have enough working capital to satisfy its capital needs. The Company is dependent upon investors to fund its ongoing operations, and cannot be certain that future financing will be available to it on acceptable terms when it needs it. The Company can give no assurances that it will be able to raise adequate funding to reach cash flow break even. If the Company is unable to obtain financing to meet its needs, the Subscriber may lose of its investment.
Appears in 3 contracts
Sources: Common Stock Subscription Agreement (PAWS Pet Company, Inc.), Common Stock Subscription Agreement (PAWS Pet Company, Inc.), Common Stock Subscription Agreement (Pet Airways Inc.)