Camber Energy (CEIN) risk factors, FY2024 10-K

Other

1. 01Decreases in the availability and quality, or increases in the cost, of raw materials, key components and labor we use to make our products could materially reduce our earnings
2. 02Our business could be negatively impacted if we fail to adequately protect our intellectual property rights or if third parties claim that we are in violation of their intellectual property rights
3. 03We may incur costs and liabilities as a result of product liability claims
4. 04Demand for our products is significantly affected by durable goods spending by consumers and businesses, and other macroeconomic conditions
5. 05The industry in which we compete is highly competitive, and our failure to compete successfully could adversely affect our results of operations and financial condition
6. 06Our industry is subject to technological change, and our failure to continue developing new and improved products and to bring these products rapidly to market could have an adverse impact on our business
7. 07We rely on independent dealers and distribution partners, and the loss of these dealers and distribution partners, or of any of our sales arrangements with significant private label, national, retail or equipment rental customers, would adversely affect our business
8. 08We are unable to determine the specific impact of changes in selling prices or changes in volumes or mix of our products on our net sales
9. 09Policy changes affecting international trade could adversely impact the demand for our products and our competitive position
10. 10Because of the unique difficulties and uncertainties inherent in technology development, we face a risk of not being able to capitalize on our license or ownership of intellectual property
11. 11Technology development involves significant time and expense and can be uncertain
12. 12Successful technical development of technologies associated with intellectual property does not guarantee successful commercialization
13. 13Other companies may claim that we infringe their intellectual property, which could materially increase our costs and harm our ability to generate future revenue and profit
14. 14Renewable energy investments may be linked to government subsidies
15. 15Risk Factors Related to our Operations
16. 16We may have difficulty managing growth in our business, which could have a material adverse effect on our business, financial condition and results of operations and our ability to execute our business plan in a timely fashion
17. 17Need for Additional Financing
18. 18No Assurance of Success or Profitability
19. 19If we lose the services of our Chief Executive Officer, our operations could be disrupted, and our business could be harmed
20. 20Cybersecurity breaches or business system disruptions may adversely affect our business
21. 21Increasing legal and regulatory focus on data privacy and security issues could expose us to increased liability and operational changes and costs
22. 22The Company is required to indemnify its Officers and Directors
23. 23We may be dependent upon outside advisors
24. 24The staff of the SEC’s Division of Enforcement notified Viking that the Staff had made a preliminary determination to recommend that the SEC file an enforcement action against Viking, as well as against its CEO and its former CFO, for alleged violation so securities laws
25. 25We only own approximately 60.5% of Simson-Maxwell, and other Simson-Maxwell stakeholders are able to exercise some control over its operations
26. 26Profitability & expansion initiatives at Simson-Maxwell are not guaranteed
27. 27We currently have outstanding indebtedness and we may incur additional indebtedness which could reduce our financial flexibility, increase interest expense and adversely impact our operations in the future
28. 28debt covenants to which we may agree may affect our flexibility in planning for, and reacting to, changes in the economy and in its industry

Risks Relating To An Investment In Our Securities

1. 29We do not intend to pay cash dividends to our stockholders
2. 30We currently have a volatile market for our common stock, and the market for our common stock is and may remain volatile in the future
3. 31domestic and international economic, public health, legal and regulatory factors unrelated to our performance
4. 32A prolonged decline in the market price of our common stock could affect our ability to obtain additional financing which would adversely affect our operations
5. 33Nevada law and our Articles of Incorporation authorize us to issue shares of stock which shares may cause substantial dilution to our existing stockholders
6. 34Stockholders may be diluted significantly through our efforts to obtain financing and/or satisfy obligations through the issuance of additional shares of our common stock
7. 35If persons engage in short sales of our common stock, including sales of shares to be issued upon exercise of our outstanding warrants, convertible debentures and preferred stock, the price of our common stock may decline
8. 36The market price for our common stock may be volatile, and our stockholders may not be able to sell our stock at a favorable price or at all
9. 37Substantial sales of our common stock, or the perception that such sales might occur, could depress the market price of our common stock
10. 38We incur significant costs as a result of operating as a fully reporting publicly traded company and our management is required to devote substantial time to compliance initiatives
11. 39Securities analyst coverage or lack of coverage may have a negative impact on our common stock’s market price
12. 40Due to the fact that our common stock is listed on the OTC:QB, we are subject to financial and other reporting and compliance obligations, which increase our costs and expenses

Risks Relating to Our Series C Preferred Stock

1. 41The full amount of premiums, interest and dividends through the maturity date of our Series C Preferred Stock is due upon the repayment/redemption or conversion, as applicable, of the Series C Preferred Stock
2. 42The number of shares of common stock issuable in consideration for premiums, interest and dividends through maturity on the Series C Preferred Stock continue to be adjustable after the conversion of such securities
3. 43The issuance of common stock upon conversion of the Series C Preferred Stock will cause immediate and substantial dilution and the sale of such stock will cause significant downward pressure on our stock price
4. 44Holders of Series C Preferred Stock Hold a Liquidation Preference in the Company
5. 45The “Early Redemption Price” is the sum of the following: (a) 100% of the Face Value, plus (b) the Conversion Premium, minus (c) any Dividends that have been paid, for each share of Series C Preferred Stock redeemed
6. 46Holders of our Series C Preferred Stock effectively have the ability to consent to any material transaction involving the Company
7. 47Our Series C Preferred Stockholder has favored-nation rights
8. 48The holders of our Series C Preferred Stock, subject to applicable contractual restrictions, and/or a third party, may sell short our common stock, which could have a depressive effect on the price of our common stock