Safe Harbor Statement
Forward-Looking Statements
This website is for informational purposes only, and in no way should be considered a solicitation or advertisement for the sale of stock or any other security (including without limitation any security which is convertible into another security) issued by Start Technologies Europe I.G., Inc. (the “Company“). The Company is a development stage corporation and should be considered a highly speculative investment to any potential investor, and any such investor should understand that he, she or it may lose the entire amount of any investment in the Company.
Certain statements contained on this website (including without limitation all press releases linked to this website and all information on this website which is addressed to investors), are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and is subject to the safe harbors created by the provisions of such laws. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “may”, “could”, “would”, “might”, “will” and variations of these words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond the Company’s control and are not guarantees of future performance. If such risks or uncertainties materialize or such assumptions prove incorrect, the Company’s results could differ materially from current expectations as a result of many factors. For example, while “The Start Device“ has undergone multiple tests and while the Company believes that it will work well within the given parameters with most or all internal combustion engines there is always the potential that it might not work as well under circumstances that have not been tested. In addition, while the Company will continuously strive to improve and better the technology of “The Start Device” there is always the potential that competitors’ technology might have improved to a superior standard. These and other risks and uncertainties associated with the Company’s business are described in documents which may be found on the OTC Markets website at www.otcmarkets.com. Except as required by law, the Company assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. You should not rely too heavily on the forward-looking statements contained within this website because these forward-looking statements are relevant only as of the date they were made.
Risks Posed Due to Global Financial and Economic Factors
Recent events in the financial markets have demonstrated that businesses and industries throughout the world are very tightly connected to each other. Thus, financial developments seemingly unrelated to the Company or its industry may adversely affect the Company over the course of time. For example, rapid changes to the foreign currency exchange regime may hinder the Company’s ability to effectively hedge its currency exposure, which may, in turn, adversely affect the Company’s financial results. Material increases in LIBOR or other applicable interest rate benchmarks may increase the debt payment costs for any portion of the Company’s credit facilities which have not been hedged. Credit contraction in financial markets may hurt the Company’s ability to access credit in the event that the Company identifies an acquisition opportunity or some other opportunity that would require a significant investment in resources. Rapid price inflation caused by an excess of liquidity in countries where the Company conducts business may increase the cost it incurs to provide goods and/or services and may reduce profit margins on agreements that govern the Company’s provision of products or services to customers over a multi-year period. Increased stress upon governmental budgets may reduce the amount of money government decision-makers have to spend on the Company’s products and/or services. Finally, a reduction in credit, combined with reduced economic activity, may adversely affect those customers that, collectively, constitute a significant portion of the Company’s customer base. As a result, these customers may need to reduce their purchases of the Company’s products and/or services, or the Company may experience greater difficulty in receiving payment for the products or services that these customers purchase from it. Any of these events, or any other events caused by recent turmoil in world financial markets, may have a material adverse effect on the Company’s business, operating results, and financial condition.