1. The company's expansion into new product categories and an increase in the number of products offered by its may expose the company to new challenges and more risks.
2. As part of the company's growth strategy, its intend to expand its business operations to geographical areas in which the company has limited operation history. it cannot assure you that its expansion plans will be profitable or that such expansion will not adversely affect its business, results of operations and financial condition.
3. The Company's cannot assure you that its shall be able to obtain the necessary certifications and clearances as may be required from the relevant local and foreign authorities for the company's Proposed Products. In the event its are unable to obtain such certifications, its business, results of operations, cash flows and financial condition could be adversely affected.
4. Advertising business is dependent on availability of space or sites for publishing of ads. Any significant increase in the prices of such ad space or sites or nonavailability of such ad space or sites may adversely affect our business and results of operations.
5. We rely on our AeroLab for efficient functioning of our in-flight entertainment division, and any interruption or delay in service from our AeroLab could impair the delivery of our divisions and adversely impact our business and results of operations
6. We are dependent on major content owners, studios and productions houses to source the content, for our in-flight entertainment division. If we are unable to source content at acceptable terms, our business operations will be adversely affected.
7. The commercial success of our services depends to a large extent on the success of the success of our end use customers. If there is any downturn in the industries in which our customers operate, it could have a material adverse effect on our business, financial condition and results of operations.
8. We rely on third parties for providing our services, including purchase of media and other material required for our advertising business.
9. We cannot assure you that we shall be able to commence commercial production of our Proposed Products in a timely and scheduled manner, or at all. If we are unable to manufacture our Proposed Products in a timely manner or without cost overruns, it may adversely affect our business, results of operations and financial condition.
10. The global scope of our operations exposes us to risks of doing business in foreign countries, including the constantly changing economic, regulatory, social and political conditions in the jurisdictions in which we operate and seek to operate, which could adversely affect our business, financial condition and results of operations.