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These excerpts taken from the HSKA 10-K filed Mar 3, 2008. Loss of exclusivity.
In the case of our veterinary diagnostic instruments, if we are entitled
to non-exclusive access to consumable supplies for a defined period upon
expiration of exclusive rights, we may face increased competition from a third
party with similar non-exclusive access or our former supplier, which could
cause us to lose customers and/or significantly decrease our margins and could
significantly affect our financial results.
In addition, current agreements, or agreements we may negotiate in the
future, with suppliers may require us to meet minimum annual sales levels to
maintain our position as the exclusive distributor of these products. We may not meet these minimum sales levels
and maintain exclusivity over the distribution and sale of these products. If we are not the exclusive distributor of
these products, competition may increase significantly, reducing our revenues
and/or decreasing our margins.
· Loss of exclusivity. In the case of our veterinary diagnostic instruments, if we are entitled to non-exclusive access to consumable supplies for a defined period upon expiration of exclusive rights, we may face increased competition from a third party with similar non-exclusive access or our former supplier, which could cause us to lose customers and/or significantly decrease our margins and could significantly affect our financial results. In addition, current agreements, or agreements we may negotiate in the future, with suppliers may require us to meet minimum annual sales levels to maintain our position as the exclusive distributor of these products. We may not meet these minimum sales levels and maintain exclusivity over the distribution and sale of these products. If we are not the exclusive distributor of these products, competition may increase significantly, reducing our revenues and/or decreasing our margins.
· This excerpt taken from the HSKA 10-K filed Mar 31, 2006. Loss of exclusivity. Current agreements, or agreements we
may negotiate in the future, with suppliers may require us to meet minimum
annual sales levels to maintain our position as the exclusive distributor of
these products. We may not meet these minimum sales levels in the future and
maintain exclusivity over the distribution and sale of these products. If we
are not the exclusive distributor of these products, competition may increase.
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