Editing Bitmis Corp.
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'''Bitmis Corp. currently has no operations, and investors therefore have no basis on which to evaluate the Company’s future prospects.''' | '''Bitmis Corp. currently has no operations, and investors therefore have no basis on which to evaluate the Company’s future prospects.''' | ||
Bitmis Corp. currently has no operations and will be reliant upon a merger with or acquisition of an operating business to commence operations and generate revenue. Because Bitmis Corp. has no operations and | Bitmis Corp. currently has no operations and will be reliant upon a merger with or acquisition of an operating business to commence operations and generate revenue. Because Bitmis Corp. has no operations and have not generated revenues, investors have no basis upon which to evaluate its ability to achieve its business objective of locating and completing a business combination with a target business. Bitmis Corp. has no current arrangements or understandings with any prospective target business concerning a business combination and may be unable to complete a business combination in a reasonable timeframe, on reasonable terms, or at all. If Bitmis Corp. fails to complete a business combination as planned, it will never generate any operating revenues. | ||
'''Bitmis Corp. may face difficulties or delays in its search for a business combination, and | '''Bitmis Corp. may face difficulties or delays in its search for a business combination, and Bitmis Corp. may not have access to sufficient capital to consummate a business combination.''' | ||
Bitmis Corp. may face difficulty identifying a viable business opportunity or negotiating or paying for any resulting business combination. Economic factors that are beyond its control, including the COVID-19 pandemic and consequent economic downturn, as well as increased competition for acquisitions of operating entities that Bitmis Corp. expects to encounter as a result thereof, may hinder its efforts to locate and/or obtain a business that is suitable for its business goals at a price Bitmis Corp. can afford and on terms that will enable the company to sufficiently grow its business to generate value to its shareholders. Bitmis Corp. has limited capital, and Bitmis Corp. may not be able to take advantage of any available business opportunities on favorable terms or at all due to the limited availability of capital. There can be no assurance that Bitmis Corp. will have sufficient capital to provide the company with the necessary funds to successfully develop and implement its plan of operation or acquire a business it deems to be appropriate or necessary to accomplish its objectives, in which case Bitmis Corp. may be forced to terminate its business plan and your investment in the Company could become worthless. | Bitmis Corp. may face difficulty identifying a viable business opportunity or negotiating or paying for any resulting business combination. Economic factors that are beyond its control, including the COVID-19 pandemic and consequent economic downturn, as well as increased competition for acquisitions of operating entities that Bitmis Corp. expects to encounter as a result thereof, may hinder its efforts to locate and/or obtain a business that is suitable for its business goals at a price Bitmis Corp. can afford and on terms that will enable the company to sufficiently grow its business to generate value to its shareholders. Bitmis Corp. has limited capital, and Bitmis Corp. may not be able to take advantage of any available business opportunities on favorable terms or at all due to the limited availability of capital. There can be no assurance that Bitmis Corp. will have sufficient capital to provide the company with the necessary funds to successfully develop and implement its plan of operation or acquire a business it deems to be appropriate or necessary to accomplish its objectives, in which case Bitmis Corp. may be forced to terminate its business plan and your investment in the Company could become worthless. |