RISK FACTORS: Something very key is this:
CCTC: awaiting the project’s final approval by the Chinese Government which we anticipate will take place during April, 2010.
**There are studies required by the Chinese government before the final word.
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RISK FACTORS
1.
We have no operating revenues yet and we have made no provision for any contingency, unexpected expenses or increases in costs that may arise.
2.
We may experience delays in resolving unexpected technical issues arising in completing development of new technology that will increase development costs and postpone anticipated sales and revenues.
3.
Because we have limited experience, we may be unable to successfully manage planned growth as we complete the transition from a technology development company to a licensing company.
4.
The market in which we are attempting to sell our technology is highly competitive.
5.
Our business depends on the protection of our patents and other intellectual property and may suffer if we are unable to adequately protect such intellectual property.
6.
Third parties may invalidate our patents
7.
We may be liable for infringing the intellectual property rights of others.
8.
Our ability to execute our business plan would be harmed if we are unable to retain or attract key personnel.
9.
Overseas development of our business is subject to international risks, which could adversely affect our ability to license profitable overseas plants.
10.
We do not know if coal processed using our technology is commercially viable.
11.
We have experienced large net losses, have little liquidity and need to obtain funds for operations or we may not be able to continue.
12.
Our use of equity as an alternative to cash compensation may cause excessive dilution for our current shareholders.
13.
We need immediate financing to meet our current obligations for facilities construction.
14.
Construction of future facilities will require substantial lead time and significant additional financing.
15.
Any negative results from the continuing evaluation of our technology or processed coal produced at future facility sites could have a material adverse effect on the marketability of our technology and future prospects.
16.
Due to the uncertain commercial acceptance of coal processed using our technology we may not be able to realize significant licensing revenues.
17.
If we are unable to successfully construct and commercialize production plants, our ability to generate profits from our technology will be impaired.
18.
Future changes in the law may adversely affect our ability to sell our products and services. (duh!...lol)
AI
