Tucows 2015 Annual Report Download - page 32

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pursue business opportunities, including potential acquisitions. In addition, if we decide to raise funds through debt or
convertible debt financings, we may be unable to meet our interest or principal payments.
Any of the foregoing or other factors could harm our ability to achieve anticipated levels of profitability from
acquired businesses or to realize other anticipated benefits of acquisitions. We may not be able to identify or consummate
any future acquisitions on favorable terms, or at all. If we do effect an acquisition, it is possible that the financial markets
or investors will view the acquisition negatively. Even if we successfully complete an acquisition, it could adversely affect
our business.
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