Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market
Risk
Interest Rate Risk. Our business
is leveraged and, accordingly, is sensitive to fluctuations in interest rates. Any significant increase in interest rates could
have a material adverse effect on our financial condition and ability to continue as a going concern.
Stock Market Risk. Our investment
advisory business is subject to stock market risks. Revenue is generally based upon a percentage of the value of assets under
management. Stock market downturns can affect the value of assets under management and therefore affect revenue.
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