Lack of Operating History. In recent years, the Company has substantially changed its business plan. As a result, the Company's operating history under its current business plan is limited. In addition, one of the Company's Subsidiaries is a recent start-up electricity retail business. Such limited operating history of the Company and its Subsidiaries may not provide sufficient information for Purchasers to base an evaluation of likely performance. RISKS RELATED TO PROJECTIONS AND ESTIMATES All statements other than statements of historical facts included in the SEC Filings or any other information provided to a potential investor regarding the financial position, business strategy, plans and objectives of management for future operations of the Company and its Subsidiaries are projections and estimates based upon current information available to the Company. While we believe that such projections and estimates are based upon reasonable assumptions, there are significant risks and uncertainties that could significantly effect expected results. Important factors that could cause actual results to differ materially from those in the projections and estimates include, without limitation, the Risk Factors discussed herein, and many of those factors are beyond our control. All written and oral projections and estimates and "forward looking" statements attributable to the Company, whether contained in the SEC Filings or otherwise, are expressly qualified in their entirety by such factors. Purchasers should expect the assumptions and related projections and estimates to change as additional information becomes available. However, the Company does not intend to update or otherwise revise the projections and estimates provided to reflect events or circumstances after the date of such information or to reflect the occurrence of unanticipated events. A Purchaser should carefully review and consider the assumptions and estimates, and obtain the advice of legal and accounting experts and other professionals regarding these matters. Actual results may differ materially from any business descriptions and operating estimates contained in the information provided or available to a Purchaser.
Lack of Operating History. The Limited Partnership was formed for the purpose of indirectly investing in the Property through the acquisition and ownership of the USLP Units, and, apart from formation activities and activities related to the Offering described herein, the Limited Partnership owns and intends to own no assets other than the USLP Units and has no operations or history of investment. The Limited Partnership’s success is thus dependent upon the Property related factors discussed above, and the extent to which the USLP is able to sell the Property at a price in excess of its acquisition, holding, and operating costs.
Lack of Operating History. The Fund is a newly organised entity that has no prior operating history or track record upon which prospective Shareholders may base an evaluation of their likely performance or the performance of an investment. The Fund’s results of operations will depend upon the availability of suitable investment opportunities for its Sub-Funds respectively and the performance of their investments and the successful investment of the assets of the Sub-Funds will depend on many factors, including, without limitation, upon the skills of the Portfolio Manager.
Lack of Operating History. As set forth above, the Company is a newly-formed entity and has no operating history. The Manager of the Company is two individuals with prior operating history. Since The Company will occupy a yet-to-be purchased property that has not been previously occupied, it's desirability as a hospitality location cannot be predicted with any reasonable certainty. Further, since the Company has not yet developed or produced the spirit line, there is no guarantee there will be sufficient consumer interest to make the line profitable. Factors which may contribute to the success of the Company include its location in Ulster County, New York and competition in the spirit market. LACK OF SURVEY DATA The Company has not undertaken any market studies to determine the statistical suitability of the location or the operation. NEW EMPLOYEES The Company must attract, hire, and train a number of new employees in a variety of roles, including distillery operators, farm operation personnel, hotel staff, and support personnel. The Company has not yet employed or trained any key personnel in management roles.
Lack of Operating History. In recent years, Amen has substantially changed its business plan. As a result, Amen’s operating history under its current business plan is limited. In addition, one of Amen’s Subsidiaries is a recent start-up electricity retail business with approximately two years of operating history. Such limited operating history of Amen and its Subsidiaries may not provide sufficient information for Investors to base an evaluation of likely performance. Risks Related to Projections and Estimates All statements other than statements of historical facts regarding the financial position, business strategy, plans and objectives of management for future operations of Amen and its Mid:010056\000010\578047.9 Schedule 4.3(b) Schedule 4.3(b) Subsidiaries are projections and estimates based upon information available to Amen at the time, such statements were made, whether in an SEC Filing or in other information provided to you. While we believe that such projections and estimates are based upon reasonable assumptions, there are significant risks and uncertainties that could significantly effect expected results. Important factors that could cause actual results to differ materially from those in the projections and estimates include, without limitation, the Risk Factors discussed herein, and many of those factors are beyond our control. All written and oral projections and estimates and “forward looking” statements attributable to Amen, whether contained in the SEC Filings or otherwise, are expressly qualified in their entirety by such factors. Investors should expect the assumptions and related projections and estimates to change as additional information becomes available. However, Amen does not intend to update or otherwise revise the projections and estimates provided to reflect events or circumstances after the date of such information or to reflect the occurrence of unanticipated events. A Investor should carefully review and consider the assumptions and estimates, and obtain the advice of legal and accounting experts and other professionals regarding these matters. Actual results may differ materially from any business descriptions and operating estimates contained in the information provided or available to a Investor. Volatility Of Oil And Gas Prices Anticipated results from our oil and gas royalty investments, including the Acquisition Properties, are substantially dependent on prices of oil and gas. Prices for oil and gas are subject to large fluctuations in respon...
Lack of Operating History. Investor understands that the Company is a development stage corporation and that the total amount of funds tendered to purchase the Securities are placed at risk of the business and may be completely lost.
Lack of Operating History. Substantially all of the Company's business activities are conducted through its subsidiaries, which have been in the development stage until recently. Potential investors should be aware of the difficulties encountered by a new enterprise, especially in view of the intense competition from existing and more established companies in the wastewater, waste management, environmental control, and soils products businesses which will be the principal focus of the Company. Since commercial operations have only recently commenced, the Company is without a history of significant revenues.
Lack of Operating History as Separate Entity; Limited Relevance of Historical Financial Information.......... 21
Lack of Operating History. MDI was formed on March 23, 2015 for the sole purpose of acquiring the CynoGen Shares. MDI has no operations, no employees, and no Indebtedness or other liabilities. At the Closing, the only asset of MDI will be the CynoGen Shares.
Lack of Operating History. The Company is a start-up company and has no operating history. The Company is faced not only with general risks associated with any new business venture, but also special risks inherent in its prospective plan of business; the Company may not be successful or profitable.
