Risks Related to Our Business. We have a limited operating history that you can use to evaluate us and therefore we may not survive if we meet some of the problems, expenses, difficulties, complications and delays frequently encountered by a start up company. We were incorporated in April 2005 and on April 27, 2005 we acquired the business assets of TPZ Enterprises, including various trademarks associated with the Puppy Zone franchise system, franchise agreements and the training and operating manuals of the Puppy Zone franchise system. To date, we have focused our attention on fine tuning and marketing our Puppy Zone franchise system. Accordingly, you can evaluate our business, and therefore our future prospects, based only on a limited operating history. You must consider our prospects in light of the risks and uncertainties encountered by start up companies. To date, we have completed only part of our plan to become a successful dog day care franchisor. As a start-up company, we can provide no assurances that we will be able to make the necessary steps to achieve profitability in the future, such as expanding our customer base. We are subject to all the substantial risks inherent in the commencement of a new business enterprise with new management. We can provide no assurance that we will be able to successfully generate revenues, operate profitably, or make any distributions to the holders of our securities. We have a limited business history for you to analyze or to aid you in making an informed judgment as to the merits of an investment in our securities. Any investment in our common stock should be considered a high risk investment because you will be placing funds at risk in an unseasoned start-up company with unforeseen costs, expenses, competition and other problems to which start-up ventures are often subject. As we have such a limited history of operation, you will be unable to assess our future operating performance or our future financial results or condition by comparing these criteria against our past or present equivalents. We may require additional funds to achieve our current business strategy and our inability to obtain additional financing will inhibit our ability to expand or even maintain our business operations . We may need to raise additional funds through public or private debt or sale of equity to achieve our current business strategy. The financing we need may not be available when needed. Even if this financing is available, it may be on terms that we deem ...
Risks Related to Our Business. The Company is in its early stages of operations and anticipates generating operating losses. The Company commenced operations in 2018. The Company anticipates incurring operating losses and working capital deficiencies starting at inception. There is anticipated doubt about the Company’s ability to continue as a going concern. The Company anticipates operating losses. The success of the Company’s business strategy depends on the Company’s ability to successfully secure raising additional working capital. We can give no assurance as to our ability to raise sufficient capital or our ability to continue as a going concern. The Company’s success depends on the successful raise of sufficient working capital. The success of the Company’s business strategy depends on the Company’s ability to successfully secure raising additional working capital. The Company’s ability to continue as a going concern is an anticipated issue raised as a result of being in its first years of inception. The Company also anticipates experiencing operating losses. Although not specifically determined at this time, the company intends to continue to investigate and pursue options and methods of raising capital to meet its financing needs and financial goals, however we can give no assurance as to our ability to raise such sufficient capital or our ability to continue as a going concern. The Company is dependent on the continued participation and level of service of its third-party service provider(s). The Company relies on third-party service providers to provide certain services to us and/or our customers. If any of these third-party service providers stop supporting the Company or if our network of providers does not expand, we will likely have to expand our internal team to meet the needs of our customers, which could increase our operating costs and result in lower gross margins. We can make no assurance that we will be able to establish and maintain the third-party relationships or establish additional relationships as necessary to support growth and profitability of our business on economically viable terms. Defects, failures or quality issues associated with the products the Company distributes could lead to recalls or safety alerts, negative publicity regarding the Company and litigation, including product liability claims that could adversely affect its business and reputation and result in loss of customers. Loss reserves are difficult to estimate. The design, manufacture and ...
Risks Related to Our Business. We have a limited operating history, and therefore there isa high risk of potential business failure unless we can overcome the various obstacles inherent to an early stage business. We have only limited prior business operations. Because of our limited operating history, you may not have adequate information on which you can base an evaluation of our business and prospects. Investors should be aware of the difficulties, delays and expenses normally encountered by an enterprise in its early stage, many of which are beyond our control, including unanticipated technology development expenses, employment costs, and administrative expenses. We cannot assure our investors that our proposed business plans as described herein will materialize or prove successful, or that we will be able to finalize development of our products or operate profitably. We have incurred substantial operating losses since inception (August 1, 2005) and we may never achieve profitability. From our inception on August 1, 2005 through March 31, 2011, we have incurred cumulative losses of $39,525,175 plus an additional loss of $27,233,173 resulting from the full impairment of the Goodwill being carried from our acquisitions. Our cumulative loss as of March 31, 2011 was $66,758,348. As a result of the start-up nature of our business, we expect to continue to incur substantial expenses. There can be no assurance that we will achieve profitability in the immediate future or at any time. We do not expect to be profitable in 2011, during which we will engage primarily in marketing our products. Our cash balance on March 31, 2011 was $124,031 and our average cash burn for the year ended March 31, 2011 was approximately $131,163 per month. As of the date hereof, we have minimal operating capital to continue our business and marketing initiatives for the next twelve months. As a result, the Company is actively seeking to secure additional working capital through the sale of its securities or otherwise. Our independent auditors have expressed substantial doubt about our ability to continue as a going concern. In their audit opinion issued in connection with our consolidated balance sheets as of March 31, 2011 and our related consolidated statements of operations, stockholders’ equity, and cash flows for the year ended March 31, 2011, our auditors have expressed substantial doubt about our ability to continue as a going concern given our recurring net losses, negative cash flows from operations and ...
Risks Related to Our Business. The residential real estate market is cyclical and we are negatively impacted by downturns in this market and general economic conditions. The residential real estate market tends to be cyclical and typically is affected by changes in general economic conditions which are beyond our control. Based upon data published by NAR, from 2005 to 2011, annual U.S. existing homesale units declined by 40% and the median homesale price declined by 24%. During 2012, the U.S. residential real estate market evidenced the beginning of a housing recovery. However, we cannot predict the duration or strength of the recovery or if and when the market and related economic forces will return the U.S. residential real estate industry to a period of sustained growth. If the residential real estate market or the economy as a whole does not improve, our business, financial condition and liquidity may be materially adversely affected, including our ability to access capital and grow our business. Any of the following could halt or limit a recovery in the housing market and have a material adverse effect on our business by causing a lack of sustained growth or a decline in the number of homesales and/or prices which, in turn, could adversely affect our revenues and profitability: • continued high unemployment; • a period of slow economic growth or recessionary conditions; • weak credit markets; • a low level of consumer confidence in the economy and/or the residential real estate market; • instability of financial institutions; • economic instability stemming from ongoing high levels of U.S. government debt; • legislative, tax or regulatory changes that would adversely impact the residential real estate market, including but not limited to: potential reform relating to Xxxxxx Xxx, Freddie Mac and other government sponsored entities (“GSEs”) that provide liquidity to the U.S. housing and mortgage markets; federal and/or state income tax changes, such as the loss or caps on the deductions including potential limits on, or elimination of, the deductibility of certain mortgage interest expense; and other tax reform affecting real estate and/or real estate transactions; • increasing mortgage rates and down payment requirements and/or constraints on the availability of mortgage financing, including but not limited to the potential impact of various provisions of the Xxxx-Xxxxx Act or other legislation and regulations that may be promulgated thereunder relating to mortgage financing, includ...
Risks Related to Our Business. We have a large accumulated deficit, may incur future losses and may be unable to maintain profitability. As of December 31, 2022, and December 31, 2021, we had an accumulated deficit of $876,590 and $594,371, respectively. As of December 31, 2022, and December 31, 2021, we had stockholders’ equity of $9,552,464 and $9,356,823, respectively. We may incur net losses in the future. Our ability to achieve and sustain long-term profitability is largely dependent on our ability to successfully market and sell our products and services, control our costs, and effectively manage our growth. We cannot assure you that we will be able to maintain profitability. In the event we fail to maintain profitability, our stock price could decline. We cannot accurately forecast our future revenues and operating results, which may fluctuate. Our operating history and the rapidly changing nature of the markets in which we compete make it difficult to accurately forecast our revenues and operating results. Furthermore, we expect our revenues and operating results to fluctuate in the future due to a number of factors, including the following: ● The timing of sales of our products and services; ● Disruption to our customers and revenue, labor workforce, unavailability of products and supplies used in operations due to the COVID-19 pandemic; ● The timing of product implementation, particularly large design projects; ● Unexpected delays in introducing new products and services; ● Increased expenses, whether related to sales and marketing, product development, or administration; ● The mix of product license and services revenue; and ● Costs related to possible acquisitions of technology or businesses. We may fail to develop new products or may incur unexpected expenses or delays. Although we currently have fully developed products available for sale, we may need to develop various new technologies, products, and product features to remain competitive. Due to the risks inherent in developing new products and technologies—limited financing, loss of key personnel, and other factors—we may fail to develop these technologies and products or may experience lengthy and costly delays in doing so. Although we license some of our technologies in their current stage of development, we cannot assure that we will be able to develop new products or enhancements to our existing products in order to remain competitive. We may need additional financing which we may not be able to obtain on acceptable...
Risks Related to Our Business. Risks and uncertainties relating to our business include, but are not limited to, the following: • If we are unable to manage our growth or execute our strategies effectively, our business and prospects may be materially and adversely affected; • We incurred net losses in the past and we may not be able to maintain profitability in the future; • If we are unable to provide superior customer experience, our business and reputation may be materially and adversely affected; • Uncertainties relating to the growth and profitability of the retail industry in China in general, and the online retail industry in particular, could adversely affect our revenues and business prospects; • Any harm to our JD brand or reputation may materially and adversely affect our business and results of operations; • If we are unable to offer products that attract purchases from new and existing customers, our business, financial condition and results of operations may be materially and adversely affected; • If we are unable to manage our nationwide fulfillment infrastructure efficiently and effectively, our business prospects and results of operations may be materially and adversely affected; • We face intense competition. We may not be able to maintain or may lose market share and customers if we fail to compete effectively; • Our expansion into new product categories and substantial increase in the number of products may expose us to new challenges and more risks; • If we fail to manage our inventory effectively, our results of operations, financial condition and liquidity may be materially and adversely affected; and • Our ADSs may be delisted under the Holding Foreign Companies Accountable Act if the PCAOB is unable to inspect auditors who are located in China. The delisting of our ADSs, or the threat of their being delisted, may materially and adversely affect the value of your investment. Additionally, the inability of the PCAOB to conduct inspections deprives our investors with the benefits of such inspections.
Risks Related to Our Business. Max Re operations other than its ownership of share capital of its subsidiaries and may be restricted from declaring or paying dividends”, there are no limits whether direct or indirect, under any provision of applicable Irish law or under the Memorandum and Articles of Association, and to the best of our knowledge, based only on the Certificates of Wxxxxx Xxxxxx and searches carried out in the Central Office of the High Court, under any agreement or other instrument binding upon any of Max Re Europe, Max Europe Holdings and Max Insurance Europe or any of their properties, or under any judgement, order or decree of any Irish governmental body, agency or court having jurisdiction over any of Max Re Europe, Max Europe Holdings and Max Insurance Europe, on the ability of any of Max Re Europe, Max Europe Holdings and Max Insurance Europe:
Risks Related to Our Business. We are incorporating in this section by reference and you should review and consider carefully the risk factors related to our partnership and business contained in Enterprise Parent’s Annual Report on Form 10-K for the year ended December 31, 2005, which it filed with the Securities and Exchange Commission on February 27, 2006 and which is incorporated by reference herein. Set forth below are certain of the risk factors appearing in Enterprise Parent’s Annual Report on Form 10-K. Changes in the prices of hydrocarbon products may materially adversely affect our results of operations, cash flows and financial condition. We operate predominantly in the midstream energy sector which includes gathering, transporting, processing, fractionating and storing natural gas, NGLs and crude oil. As such, our results of operations, cash flows and financial condition may be materially adversely affected by changes in the prices of these hydrocarbon products and by changes in the relative price levels among these hydrocarbon products. Generally, the prices of natural gas, NGLs, crude oil and other hydrocarbon products are subject to fluctuations in response to changes in supply, demand, market uncertainty and a variety of additional factors that are impossible to control. These factors include: • the level of domestic production; • the availability of imported oil and natural gas; • actions taken by foreign oil and natural gas producing nations; • the availability of transportation systems with adequate capacity; • the availability of competitive fuels; • fluctuating and seasonal demand for oil, natural gas and NGLs; and • conservation and the extent of governmental regulation of production and the overall economic environment. We are exposed to natural gas and NGL commodity price risk under certain of our natural gas processing and gathering and NGL fractionation contracts that provide for our fees to be calculated based on a regional natural gas or NGL price index or to be paid in-kind by taking title to natural gas or NGLs. A decrease in natural gas and NGL prices can result in lower margins from these contracts, which may materially adversely affect our results of operations, cash flows and financial position. A decline in the volume of natural gas, NGLs and crude oil delivered to our facilities could adversely affect our results of operations, cash flows and financial condition. Our profitability could be materially impacted by a decline in the volume of natural gas,...
