Limited Operating History. Our future development hinges to a significant degree upon market acceptance of a new generation of pumps under development for which there exists no operating history so far. You should evaluate the likelihood of the Company’s financial and operational success in light of the significant uncertainties and complexities present with a smaller company with limited resources, many of which are beyond our control, including, without limitation: - the Company’s potential inability to successfully complete development and bring to market its new generation of infusion pumps, in the highly competitive medical devices marketplace; - the Company’s inability to retain qualified personnel; - the Company’s inability to effectively manage its business relationships with customers, and strategic partners; and - The Company’s inability to attain FDA approval for the newly designed pump If our business becomes subject to any one or more of the above negative conditions, our business, financial condition and results of operations could be subject to materially adverse consequences and potential investors could lose their entire investment.
Appears in 3 contracts
Sources: Asset Purchase and Intellectual Property Assignment Agreement (Turnpoint Medical Devices, Inc.), Asset Purchase and Intellectual Property Assignment Agreement (Turnpoint Medical Devices, Inc.), Subscription Agreement (Turnpoint Medical Devices, Inc.)