Facts about, and thoughts from, the list’s top solution providers. Even if we do achieve profitability, we may not be able to sustain or increase profitability on a quarterly or annual basis. The specific contract manufacturer being used was chosen because of their specialty in manufacturing customized Android tablets. On October 22, , we acquired an operating subsidiary, Knowledge Machine, Inc. He is currently a member of the board of directors of Ann Taylor. The shares of stock were issued pursuant to Section 4 a 2 of the Securities Act of and regulations promulgated thereunder.
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This re-engineering process could require significant additional research and development resources, and we may not be able to complete it successfully.
Young serves on the board of Citizens Bank, and earned a B. As of the year ended December 31,the Company had no compensation plans including individual compensation arrangements under which our Common Stock was authorized for issuance.
We may not be successful in developing relationships with key participants in the mobile industry or in developing services that operate effectively with these operating systems, networks, devices, web browsers and standards. These broad market fluctuations may adversely affect the market price of our common stock and result in substantial losses to our investors.
Our systems are not completely redundant, so a failure of our system at our primary site could result in reduced functionality for our subscribers, and a total failure of our systems larryy both sites could cause our Web site and our mobile apps to be inaccessible by our subscribers.
After 28 years, he shows no sign of tiring of the industry, his business or the public eye–witness his dogged, and fruitful, pursuit of PeopleSoft.
The study was conducted by J. We determined that the combination of the lack of segregation of duties and a limited staff resulted in ineffective oversight and monitoring controls over our year-end financial reporting process.
Virtela Strengthens Mgmt
These claims could result in litigation and could require us to make our software source code freely available, purchase a costly license or cease offering the implicated services unless and until we can re-engineer them to avoid infringement.
If operational, technology and infrastructure improvements are not implemented successfully, our ability to manage our growth will be impaired and we may have to make significant additional expenditures to address these issues. Other related senior care products focus on family engagement, memory assessment, caregiver support and coaching, and technology simplification.
Any errors, bugs, or defects discovered in our software could result in damage to our reputation, loss of members, loss of revenue, or liability for damages, any of which could adversely affect our business and financial results. Less than 1 Fennessy spent 17 years at IBM before taking the reins of Insight North America, most recently serving as general manager, worldwide, for the ibm.
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We currently have no source of revenue and may never become profitable. I went to college, sent in one application, and they said yes and I said yes. To the extent we are successful in increasing our customer base, we could incur increased losses because costs associated with new subscribers are generally incurred up front, while revenue is recognized ratably over the term of our subscription services.
The most exciting technology being developed is easier and more reliable systems-management tools. The customized Tablet is manufactured for Dthera Sciences by a contract manufacturer based outside of the United States. Be the first to post a comment regarding this story.
Circumstances may cause us to consume capital more rapidly than we currently anticipate. We may fail to successfully commercialize ReminX. We may also experience fluctuations in cancellations as we pursue new subscribers through new marketing channels or if we have a large number of subscriptions come up for renewal in the same period.
The increase is from revaluing the derivative instruments before the instruments settled during the year. John Powell, who has more than 20 years of diverse management experience in the telecommunications industry, has been appointed vice president of global channels.
Virtela Names New CEO | Light Reading
I just wanted a ‘real job’ to show my parents that they didn’t waste their money–and I wanted to buy a Volkswagen. In addition, the underlying Dthera Delivery Platform upon which ReminX is built can be modified and adapted to support people with additional clinical indications.
Liquidity and Capital Infondt. Further, it utilizes and encourages family engagement, providing benefit to the caregiver as well as the patient. Our ability to generate revenue and ultimately become profitable depends primarily upon our ability, alone or with our partners, to attain a significant number of subscribers and generate revenues from other sources.
Our results indicate that the use of this software led to an immediate and significant decrease in anxiety and depression in our patients, which infoet also observed by their caregivers.
As a development stage company solely engaged to date in research and development activities, our operations have consumed substantial amounts of cash since our inception.
Any failure to maintain high-quality onfonet support, or a market perception that we do not maintain high-quality support, could adversely affect our reputation and our ability to sell our services to existing and prospective subscribers. In addition, the accessibility and ease of use of the software system suggests that this technology holds great promise for bringing important aspects of Reminiscence Therapy morgn patients with Dementia who are suffering from various mood symptoms.
Reminiscence Therapy may also involve individual sessions, in which the person is guided chronologically through life experiences, encouraged to evaluate them, and may produce a life story book. Inshortly after NexInnovations was formed, Kelly joined as director of operations.