These excerpts taken from the OICO 10-K filed Mar 31, 2008.
Potential acquisitions, strategic alliances, joint ventures and divestitures could result in financial results that do not meet expectations.
We believe that we are well positioned to pursue acquisitions and plan to consider a growth strategy that could potentially include acquisitions, strategic alliances or joint ventures. Certain business acquisitions and strategic alliances in past years, including the strategic alliance with Intelligent Ion, Inc., and the acquisition of General Analysis Corporation, have produced losses or profitability well below our expectation. Businesses we may seek to acquire in the future may also fall short of our profit objectives. To finance potential acquisitions, we may need to raise additional funds either through public or private financing. We may have difficulty in obtaining debt financing on terms we find attractive, while equity financing can result in significant dilution to our shareholders.
Should we complete such a transaction, our financial results may differ from the investment communitys expectations. We could potentially experience difficulty developing, manufacturing, and marketing the products of a newly acquired company in a way that enhances performance of the combined businesses or product lines to realize the value from expected synergies. Depending on the size and complexity of an acquisition, our successful integration of the entity depends on a variety of factors including: retention of key employees; management of facilities and employees in separate geographic areas; retention of key customers; and the integration or coordination of different research and development, product manufacturing and sales programs and facilities. All of these efforts require varying levels of management resources that may divert our attention from other business operations. If we do not realize the expected benefits or synergies of such transactions, our consolidated financial position, results of operations and stock price could be negatively impacted.
We have entered into strategic alliances to increase our product offering of GC sample introduction products and to sell existing products through additional channels. Our sales under these agreements may not meet management expectations, which could result in the termination of these agreements. On the other hand, should such sales meet or exceed our expectations, we may become more reliant on the revenues generated in connection with these agreements, which are subject to cancellation.
Potential acquisitions, strategic
We believe that we are well positioned
Should we complete such a transaction, our financial results may differ from the investment communitys expectations.
We have entered into strategic alliances to increase our product offering of GC sample introduction products and to sell