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 - XITO
-New additions in green
-Changes in blue
-Hover to see similar sentence in last filing
Not applicable to a smaller reporting company.
ITEM 1B. UNRESOLVED STAFF COMMENTS
Not applicable to a smaller reporting company.
ITEM 1C. CYBERSECURITY
We are currently seeking and investigating potential assets, property or businesses to acquire, and currently have no material business operations. As such, we have very limited information technology systems and infrastructure in place to assist with our search with potential assets, property or businesses to acquire. Further, we have very limited cybersecurity measures in place, such as, firewalls and intrusion detection systems.
However, there can be no assurance that these measures will be effective in preventing or mitigating the impact of a cyber-attack or data breach. We cannot predict the occurrence, timing, or severity of cybersecurity incidents, but we remain committed to protecting our information assets and maintaining the trust of our stakeholders.
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