This excerpt taken from the LXU 10-Q filed May 6, 2005.
Item 4. Controls and Procedures
We maintain disclosure controls and procedures (as defined in Rule 13a-15 of the Securities Exchange Act of 1934, as amended ("Exchange Act") that are designed to ensure that information required to be disclosed in the periodic reports filed by us with the Securities and Exchange Commission (the "SEC") is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC and that such information is accumulated and communicated to our management. Based on their most recent evaluation, which was completed as of the end of the period covered by this Quarterly Report on Form 10-Q, we have evaluated, with the participation of our Chief Executive Officer and Chief Financial Officer, the effectiveness of our disclosure controls and procedures and believe that our disclosure controls and procedures ensure that material information relating to us is made known to us by others within our consolidated entities. We do not believe that there were any significant changes in our internal controls over financial reporting (as defined in Rule 13a-15 of the Exchange Act) that occurred during our last fiscal quarter that have materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.
SPECIAL NOTE REGARDING
Certain statements contained within this report may be deemed "Forward-Looking Statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this report other than statements of historical fact are Forward-Looking Statements that are subject to known and unknown risks, uncertainties and other factors which could cause actual results and performance of the Company to differ materially from such statements. The words "believe", "expect", "anticipate", "intend", "will", and similar expressions identify Forward-Looking Statements. Forward-Looking Statements contained herein relate to, among other things,
Given these uncertainties, all parties are cautioned not to place undue reliance on such Forward-Looking Statements. We disclaim any obligation to update any such factors or to publicly announce the results of any revisions to any of the Forward-Looking Statements contained herein to reflect future events or developments.
Item 1. Legal Proceedings