No Operating History. The Buyer is a newly formed Subsidiary of IDXG and has no operating history.
No Operating History. While Grown Rogue's principals have operated other successful cannabis companies, Grown Rogue is recently formed and has a limited operating history and has no record of prior performance as a separate enterprise. Grown Rogue faces the general risks associated with any new business operating in a competitive industry, including the ability to fund operations from unpredictable cash flow and capital-raising transactions. There can be no assurance that Grown Rogue will achieve its anticipated investment objectives or operate profitably. Grown Rogue's business must be considered in light of the risks, expenses, and problems frequently encountered by companies in their early stages of development. Specifically, such risks may include, among others: ● Grown Rogue's inability to fund operations from unpredictable cash flows; ● Grown Rogue's failure to anticipate and adapt to developing markets; ● Grown Rogue's inability to attract, retain and motivate qualified personnel; and ● Grown Rogue's failure to operate profitably in a competitive industry. There can be no assurance that Grown Rogue will be successful in addressing these risks. To the extent it is unsuccessful in addressing these risks, Grown Rogue and the Purchaser may be materially and adversely affected. There can be no assurance that Grown Rogue or the Purchaser will ever achieve or sustain profitability. Additional Financing Grown Rogue's ability to implement its business plan will depend on the Purchaser's ability to obtain additional financing. The Purchaser cannot provide assurance that it will be able to secure additional financing on terms favorable to the Purchaser or at all. If adequate funds are not available on acceptable terms, Grown Rogue's ability to continue and grow its businesses would be dependent on the cash flow, if any, from its operations, which may not be sufficient. If additional funds are raised through the issuance of shares, the percentage ownership of then- current shareholders may be reduced, such holders may experience additional dilution and such new securities may have rights, preferences or privileges senior to those of the Purchaser's previously issued shares. Grown Rogue will not be able to deduct many normal business expenses. Under Section 280E of the US Internal Revenue Code ("Section 280E"), many normal business expenses incurred in the trafficking of marijuana and its derivatives are not deductible in calculating federal and Oregon income tax liability. A result ...
No Operating History. (a) Parent was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. It completed an initial public offering of Units consisting of Parent Common Stock and Parent Warrants in November 2021, and placed certain of the net proceeds of its initial public offering and simultaneous private placement of Parent Units in the Trust Fund described in Section 3.11. Parent has never conducted any operations and has never engaged in any business activities, except raising funds through sales of securities, causing its securities to be listed on Nasdaq, complying with applicable regulatory requirements of the SEC, Nasdaq, and State of Delaware, seeking to find a company or companies with which to complete an initial business combination and negotiating the terms of the Transactions.
No Operating History. The Company is a newly formed entity with no history of revenue or expenses upon which to evalu- ate likely performance. Estimates of operating results may prove inaccurate. In addition, cash flows may be insufficient to meet obligations of the Company or to make distributions to the Members.
No Operating History. The Company was formed in April 2007 and has no operating history on which you can base an evaluation of its business and prospects. The Company has only recently commenced organizing its operations and has no revenues to date. As a software development company in its early stages, we face increased risks, uncertainties, expenses and difficulties. You should consider an investment in the Company in light of these risks, uncertainties, expenses and difficulties. Such risks include: the evolving and unpredictable nature of our business; our ability to anticipate and adapt to a developing market(s) and to technological changes; acceptance by consumers of our software products; the ability to identify, attract and retain qualified personnel; the ability to develop and upgrade our technology and information systems; and our ability to provide superior customer service. We may be unable to successfully overcome these risks which could harm our business.
No Operating History. Except for the assets used to make the Cash Contribution and the contribution of the Leasing LLC Interest, NewCo has no assets or Liabilities.
No Operating History. The Investor acknowledges that the Company is a recently incorporated development stage company with no operating history, revenues or employees. The Investor further acknowledges that the Company has not made any representations to the Investor regarding its business prospects or the Company’s ability to generate revenues in the future. The Investor acknowledges that an investment in the Company is highly speculative and may result in a complete loss of the Investor’s investment.
No Operating History. Xethanol acknowledges that the Company is a recently incorporated development stage company with no operating history, revenues or employees. Xethanol further acknowledges that the Company has not made any representations to Xethanol regarding the Company’s business prospects or its ability to generate revenues in the future. Xethanol acknowledges that an investment in the Company is highly speculative and may result in a complete loss of Xethanol’s investment.
No Operating History. An investment in the Company involves a high degree of risk. The Company is a recently formed entity and therefore has no operating history upon which investors can evaluate its anticipated performance. The Company has been formed for the purpose of developing, owning and operating media assets in the PRC; however, certain staff (other than senior management) have yet to be hired, and therefore the Company has no operating history or historical financial information. Projections and forecasts regarding the Company and its future performance are subject to a high level of risk and uncertainty.
No Operating History. 11 3.8 No Broker's Fees..............................................................................11 3.9
