RE:Crying Stress Concern Patent trollThis is called the disclaimer or the small print at the bottom of the page. Try it now.
Markmen or trouble Brewing think about it at PUB? Lack of Revenue and Profitability The Company has sustained substantial losses in recent years and its ability to continue as a going concern is dependent on the Company’s ability to generate future profitable operations and cash flows and/or obtain additional financing. Management’s plan to reduce the operating loss and ultimately become profitable is heavily dependent on (a) increasing product and service revenue from its I’m InTouch Meeting, I’m InTouch and I’m OnCall product 10 lines through direct sales efforts; (b) its relationship with Hitachi; (c) its patent lawsuit against Citrix; and (d) its intellectual property and product licensing efforts. However, there can be no assurances the Company will be successful on any of these four initiatives. Should the Company not be able to generate sufficient cash flows from any combination of these four initiatives to become profitable in the future and generate sufficient working capital to fund operations then it will become necessary to secure additional sources of financing; however, there can be no assurances that any such financing will be available to the Company or that such funds will be available on acceptable terms. The four initiatives identified above and the associated Competition Competition in the remote access and support market place is intense and growing rapidly. Accordingly, it is possible that new competitors or alliances among competitors and vendors may emerge and rapidly acquire market share. Many of the Company's current and potential competitors have significantly greater financial, technical, marketing, service, support and other resources than the Company, as well as longer operating histories, greater name recognition and larger customer bases. As a result, they may be able to secure resources on more favourable terms than the Company, and they may be able to respond more quickly to changes in customer preferences or to devote greater resources to the development, promotion and sale of their products than can the Company. Increased competition could result in significant price competition, reduced profit margins, fewer customer orders or loss of market share. The Company may not be able to compete successfully with existing or future competitors and cannot ensure that competitive pressures will not materially and adversely affect its business, operating results or financial condition. (vii) No Assurance of Successful Marketing The Company does not have extensive experience in successfully marketing its products. Thus, there can be no assurance that future efforts to market its products will be successful. If the Company relies on third parties to market its products, the commercial success of such products may be outside of the Company's control.