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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles
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To: jmhollen who started this subject12/9/2003 11:03:07 AM
From: jmhollen   of 201
 
Note: Use caution, 'catman' over on iHub dug this out of the filings..:

The Risks Related to Our Business

The Company has a history of losses, and the Company might not achieve or
maintain profitability. The Company's continuation as a going concern is
directly dependent upon our ability to increase sales and receive additional
financing. The Company will require substantial additional capital in the short
term to remain a going concern. A substantial portion of the Company's growth in
the past three years has come through acquisitions and the Company may not be
able to identify, complete and integrate future acquisitions.

Other risks include, but are not limited to, the following:

We face intense competition, which could cause us to lose market share. Changes
in the market for electric vehicles could cause our products to become obsolete
or lose popularity. We cannot assure you that growth in the electric vehicle
industry will continue and our business may suffer if growth in the electric
vehicle industry ceases or if we are unable to maintain the pace of industry
demands. We may be unable to keep up with changes in electric vehicle technology
and, as a result, may suffer a decline in our competitive position. The failure
of certain key suppliers to provide us with components could have a severe and
negative impact upon our business. Product liability or other claims could have
a material adverse effect on our business. We may not be able to protect our
Internet address. Our success is heavily dependent on protecting our
intellectual property rights and our distribution contracts.

Looks like they have some serious litigation pending as well.

DYODD.
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