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SMG » Topics » Statement under the Private Securities Litigation Act of 1995:

This excerpt taken from the SMG 8-K filed Apr 28, 2009.
Statement under the Private Securities Litigation Act of 1995: Certain of the statements contained in this press release, including, but not limited to, information regarding the future economic performance and financial condition of the Company, the plans and objectives of the Company’s management, and the Company’s assumptions regarding such performance and plans are forward looking in nature. Actual results could differ materially from the forward-looking information in this release, due to a variety of factors, including, but not limited to:

 
·
Adverse weather conditions could adversely affect the Company’s sales and financial results;
     
 
·
Failure to remain in compliance with the Company’s debt covenants could result in the acceleration of the indebtedness, increase the Company’s interest expense and harm the Company’s ability to obtain additional credit or maintain its existing credit without significant costs, and therefore, could adversely affect the Company’s liquidity and financial health;
     
 
·
Public perceptions regarding the safety of our products, and/or compliance with heightened environmental and other public health regulations, could increase the Company’s cost of doing business and/or negatively impact sales;
     
 
·
Costs associated with the Company’s previously announced product recalls and product registration issues and the corresponding governmental investigation, including recall costs, legal and advertising expenses, lost sales and potential fines, penalties and/or judgments could adversely affect the Company’s financial results;
     
 
·
The loss of one or more of the Company’s top customers could adversely affect the Company’s financial results because of the concentration of the Company’s sales with a small number of retail customers;
     
 
·
The Company’s international operations make the Company susceptible to fluctuations in currency exchange rates and to the costs of international regulation.

4
Additional detailed information concerning a number of the important factors that could cause actual results to differ materially from the forward-looking information contained in this release is readily available in the Company’s publicly filed quarterly, annual and other reports
This excerpt taken from the SMG 8-K filed Feb 3, 2009.
Statement under the Private Securities Litigation Act of 1995: Certain of the statements contained in this press release, including, but not limited to, information regarding the future economic performance and financial condition of the Company, the plans and objectives of the Company’s management, and the Company’s assumptions regarding such performance and plans are forward looking in nature. Actual results could differ materially from the forward-looking information in this release, due to a variety of factors, including, but not limited to:

 
·
Adverse weather conditions could adversely affect the Company’s sales and financial results;
 
·
The Company’s historical seasonality could impair the its ability to pay obligations and operating expenses as they come due;
 
·
Failure to remain in compliance with the Company’s debt covenants could result in the acceleration of the indebtedness, increase the Company’s interest expense and harm the Company’s ability to obtain additional credit or maintain its existing credit, and therefore, could adversely affect the Company’s liquidity and financial health;
 
·
Public perceptions that the Company’s products are unsafe, particularly in light of the Company’s previously announced product recalls and product registration issues, could adversely affect the Company’s financial results;
 
·
Costs associated with the Company’s previously announced product recalls and product registration issues and the corresponding governmental investigation, including recall costs, legal and advertising expenses, lost sales and potential fines, penalties and/or judgments could adversely affect the Company’s financial results;
 
·
The loss of one or more of the Company’s top customers could adversely affect the Company’s financial results because of the concentration of the Company’s sales with a small number of retail customers;
 
·
The expiration of certain patents could substantially increase the Company’s competition in the United States;
 
·
Compliance with changes to environmental and other public health regulations could increase the Company’s cost of doing business; and
 
·
The Company’s international operations make the Company susceptible to fluctuations in currency exchange rates and to the costs of international regulation.

Additional detailed information concerning a number of the important factors that could cause actual results to differ materially from the forward-looking information contained in this release is readily available in the Company’s publicly filed quarterly, annual and other reports

EXCERPTS ON THIS PAGE:

8-K
Apr 28, 2009
8-K
Feb 3, 2009

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