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2
PART I
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This Annual Report on Form 10-K contains forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements other than statements of historical facts contained in this Annual Report on Form 10-K, including
statements regarding our future results of operations and financial position, business strategy and plans and our objectives for future
operations, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “predict,” “plan” and similar expressions are intended to identify forward-looking statements. You should not rely upon
forward-looking statements as guarantees of future performance. We have based these forward-looking statements largely on our
estimates of our financial results and our current expectations and projections about future events and financial trends that we believe
may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and
objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions,
including those described in Item 1A. under the heading entitled “Risk Factors.” Moreover, we operate in a very competitive and
rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can
we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual
results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties
and assumptions, the forward-looking events and circumstances discussed in this Annual Report on Form 10-K may not occur and
actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake
no obligation to revise or update any forward-looking statements for any reason after the date of this Annual Report on Form 10-K,
except as required by law.
You should read this Annual Report on Form 10-K and the documents that we reference in this Annual Report on Form 10-K
and have filed with the Securities and Exchange Commission (the “SEC”) with the understanding that our actual future results, levels
of activity, performance and events and circumstances may be materially different from what we expect.