Item 1A. Risk Factors
Item 1A. Risk Factors.
Our business, financial condition, results of
operations, and cash flows may be impacted by a number of factors, many of which are beyond our control, including those set forth in
our most recent Annual Report on Form 10-K for the year ended December 31, 2022, the occurrence of any one of which could have a material
adverse effect on our actual results.
Except as set forth below, there have been no
material changes to the Risk Factors previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2022.
Shareholders may be adversely impacted by
any differences between the regulations of MERJ Depository and Registry Limited (MERJ) and rights afforded to shareholders and those applicable
to securities traded in the United States.
Shareholders should be aware that there are risks
and uncertainties with the Company’s dual listing on Upstream. In particular, any differences between the regulations of MERJ Depository
and Registry Limited (MERJ) and rights afforded to shareholders and those applicable to securities traded in the United States may adversely
impact shareholders.
Shareholders face risks related to potential
discrepancies that could occur between the trading prices of our common stock on OTCQB and the tokenized shares on Upstream.
Dual listing on two stock exchanges has the risk
of the potential discrepancies that could occur between the trading prices of our common stock on OTCQB and the tokenized shares on Upstream.
Dual listing may increase the exposure of the Company to market risks, including currency fluctuations and geopolitical events, as it
may be subject to different economic conditions and political environments in each exchange, which could potentially lead to greater volatility
in the Company’s stock price.
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