Friday, July 06, 2007

Found Legalese: "Forward-looking terminology"

Like it? 
[This is a piece of actual legalese, discovered at the end of a press release. The names of the corporations involved have been altered to avoid embarrassment/me being sued. Scroll down to get The Gist Of It.]

Certain items in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to various risks and uncertainties, including without limitation, statements relating to _______'s growth and potential and ability to successfully achieve its roll-out plans and project goals. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "endeavor," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "could," "would," "project," "predict," "continue" or other similar words or expressions. Forward-looking statements are based on certain assumptions or estimates, discuss future expectations, describe future plans and strategies, contain projections of results of operations or of financial condition or state other forward-looking information. _______'s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Although we believe that the expectations reflected in such forward looking statements are based on reasonable assumptions, actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on _______'s operations and future prospects or which could cause events or circumstances to differ from the forward-looking statements include, but are not limited to, _______'s limited operating history on a combined basis, _______'s ability to generate sufficient cash flow to cover required interest, long-term obligations and dividends, the effect of _______'s indebtedness and long-term obligations on _______'s liquidity, _______'s ability to effectively manage _______'s growth, unforeseen costs associated with the acquisition of new properties, _______'s ability to find suitably priced acquisitions, _______'s ability to integrate acquired assets and businesses, any increases in the price or reduction in the availability of _______, seasonal and other fluctuations affecting _______'s revenues and operating results, any declines in _______, _______'s ability to obtain additional capital on terms acceptable to us, _______'s vulnerability to economic downturns, regulatory changes or acts of nature in certain geographic areas, increases in competition for skilled personnel, departure of _______'s key officers, increases in market interest rates, the cost and difficulty of complying with increasing and evolving regulation, and other risks detailed from time to time in _______'s SEC reports, including but not limited to its Annual Report on Form 10-K filed with the SEC on March 13, 2007 under Commission File Number ___-_____. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements in such SEC filings. Readers are cautioned not to place undue reliance on any of these forward-looking statements, which reflect _______ management's views as of the date of this press release and/or the associated earnings conference call. The factors discussed above and the other factors noted in _______'s SEC filings could cause _______'s actual results to differ significantly from those contained in any forward-looking statement. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements and we expressly disclaim any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in _______'s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

The Gist Of It: The future's uncertain.

1 comment:

Anonymous said...

I've seen this! Just can't remember where. Good one.

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