Risk Factors Dashboard
Once a year, publicly traded companies issue a comprehensive report of their business, called a 10-K. A component mandated in the 10-K is the ‘Risk Factors’ section, where companies disclose any major potential risks that they may face. This dashboard highlights all major changes and additions in new 10K reports, allowing investors to quickly identify new potential risks and opportunities.
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Risk Factors - QBIO
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Although risk factors are not required for smaller reporting companies, we stress the following risk:
We note that this annual report does not meet fully the requirements of annual reports as required by Form 10-K. Particularly, we note that the financial statements included in this Form 10-K have not been audited and no audit report regarding such financial statements have been included herein. Although we believe that these financial statements satisfy the current public information requirements of Rule 144(c)(2), these are not the type of financial statement that an investor would expect to see from a company that has had its financial statements audited by an independent accounting firm per the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. This annual report is unaudited, incomplete and should not be relied upon as accurate, timely or fit for any purpose. Although the Company intends to amend this annual report as soon as practicable and invites any inquiries to be directed to Company management, it may not be able to ever amend this annual report.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
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