Juno 2013 Annual Report Download - page 25

Table of Contents
•lack of familiarity with, and unexpected changes in, foreign regulatory requirements;
•difficulties in managing and staffing international operations;
•the burdens of complying with a wide variety of foreign laws, regulations and legal and regulatory standards;
•political, social and economic instability abroad, terrorist attacks and security concerns in general; and
•reduced or varied protection for intellectual property and proprietary rights.
The occurrence of any one of these risks could negatively affect our international operations, which could adversely affect our business, financial
condition, results of operations, and cash flows.
Our businesses could be shut down or severely impacted by a catastrophic event.
Our businesses could be materially and adversely affected by a catastrophic event. A disaster such as a fire, earthquake, flood, power loss,
terrorism, or other similar event, affecting any of our facilities, data centers or computer systems, or those of our third-party vendors, or a system
interruption or delay that slows down the Internet or makes the Internet or our websites temporarily unavailable, could result in a significant and
extended disruption of our operations and services. Any prolonged disruption of our services due to these or other events would severely impact our
businesses. The property, business interruption and other insurance we carry may not be sufficient to cover, if at all, losses that may occur as a result of
any events which cause interruptions in our services.
We cannot predict our future capital needs and we may not be able to secure additional financing, which could adversely impact us.
We may need to raise additional funds in the future to fund our operations, for acquisitions of businesses, services or technologies or for other
purposes. Additional financing may not be available in a timely manner, on terms favorable to us, or at all. The current volatility of, and disruption in,
the securities and credit markets may restrict our ability to raise any such additional funds. If adequate funds are not available or not available when
required and in sufficient amounts or on acceptable terms, our businesses and future prospects may suffer.
Our certificate of incorporation, our bylaws and Delaware law contain provisions that could delay or discourage takeover attempts that
stockholders may consider favorable or beneficial.
Certain provisions of our certificate of incorporation, our bylaws and Delaware law limit the ability of our stockholders to elect directors and take
other corporate actions. These provisions could have the effect of delaying or discouraging takeover attempts that our stockholders may consider
favorable or beneficial because of the premium price that would be offered by a potential acquirer. In addition, although our previous stockholder rights
plan expired in 2011, there are no assurances that our Board of Directors will not implement a new stockholder rights plan in the future.
Our stock price has been highly volatile and may continue to be volatile.
The market price of our common stock has fluctuated significantly and it may continue to be volatile with extreme trading volume fluctuations. In
January 2014, we announced that our Board of Directors has determined to discontinue cash dividend payments. Immediately following such
announcement, the market price of our common stock declined significantly and has remained volatile. The Nasdaq Global Select Market also has
experienced substantial price and trading volume fluctuations. The broad market and industry factors that influence or affect such fluctuations may harm
the market price of our common stock, regardless of our actual operating performance. As a result of
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