Irrespective of compliancewith case examine solution applicable Sarbanes Oxley provisions, any failure of our inner controls might have a material adversarial end result on ourstated effects of operations and harm our attractiveness. If we’re unable to implement those adjustments easily or effectively,it may harm our operations, financial reporting or economic results and could bring about an opposed opinion on inner controlsfrom our autonomous auditors. We may wish to hire a couple of additional employees with public accounting and disclosure experiencein order to meet our ongoing responsibilities as a public agency, which is able to increase fees. Our administration team and different personnelwill need to devote a substantial period of time to new compliance initiatives and to assembly case study answer responsibilities which are associatedwith being a public agency, which may divert cognizance from other company considerations, which may have a material opposed effecton our company, financial situation and outcomes of operation. We do not have a majority of independentdirectors on our Board and case study answer Company has not voluntarily implemented quite a few corporate governance measures, in case examine solution absence ofwhich stockholders may have more limited protections towards interested director transactions, conflicts of attention and similarmatters. Federal law, includingthe Sarbanes Oxley Act of 2002, has led to case look at solution adoption of a variety of company governance measures designed to promote theintegrity of case examine answer company management and case examine answer securities markets.
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