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Monday, March 25, 2013 6:01:43 PM
"Our officer has limited experience in the sales and marketing of this type of product."
"Type2 Defense will compete against more traditional medical treatments involve a substantial degree of risk."
"We currently do not carry product liability insurance. If there are product liability claims, it is unlikely that we will be able satisfy these claims and as a result, we may be forced to terminate operations."
"We believe that existing industry competitors are likely to continue to expand their product offerings. Moreover, because there are few, if any, substantial barriers to entry, we expect that new competitors are likely to offer similar products designed to treat diabetes. We cannot be certain that we will be able to compete successfully in this extremely competitive market."
"Launching our Product will require additional capital. There is no commitment in place to secure this additional financing. Any equity financing may be dilutive to shareholders, and debt financing, if available, would increase expenses and may involve restrictive covenants."
Also, take a look at the grammatical, spelling errors and incorrect choice of words used throughout the document.
"Good things come to those who wait, not to those who hesitate."
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