Glo-BusSince we are taking over the operation of a digital camera company that is in a neck-and-neck race for global market leadership, competing against rival digital camera companies, we want to develop a new strategy that could increase profitability and gain more market share. We also want to increase the ratings from our consumers and boost their satisfaction because customers is the base of every business. Therefore, we would like to employ a low-cost leadership strategy and pursue a competitive advantage keyed to having lower costs and selling our digital cameras at lower prices than rivals. We also focus our company’s competitive efforts on gaining sale and market in those geographic markets where our company already has high sales and most profitable and deemphasize sales in those areas where our company has a comparably low market share or profit margins are relatively low. We want to take the best care of our target market, know exactly what they want and what they need in a digital camera, therefore, we could customize to their preferences and bring the best experience to the customers that will decide to purchase our products. Focusing on some regional areas like North America and Latin America since we already have high sales here. By employing a low-cost leadership strategy, we can lower the cost of production, therefore increase the revenues.
At the current context, our company is selling about 800,000 entry-level cameras and about 200,000 multi-featured cameras annually. Prior year revenues were $206 million and net earnings were $20 million, which equal to $2.00 per share of common stock. Our company is in a good financial condition and performing well, with good ratings from digital camera users. However, our competitors also have the same worldwide market share, although shares vary by company across the four market regions: Europe, Africa, Asia-Pacific, Latin America, and North America. That is why we need to develop new winning competitive strategies that capitalizes on growing consumer interest in our cameras to keep the company in the ranks of industry leaders, and boosts the company’s earnings.
The Stock
By using a mix of our $300 million in capital (primarily debt, convertible into equity at a cash value of at least $200 million, and additional debt-equity securities) to acquire a controlling interest of $100 million; we have a long term lease with the remaining $200 million of the stock that is available in the short-term on an exercise of our preferred stock at this value.
We continue to buy our shares. It’s important that the shareholders respect all company policy and our capital lease agreements, our equity agreements, our other obligations, and our obligations for the long-term. We generally seek to increase our exposure to investors by purchasing (or selling) our shares in accordance with certain key information and policies, including, but not limited to, the following.
Company and shareholders view the stock as a “stock” (within the meaning of ASC 835). The “S” is an indication of investment preference, while the “K” is actual compensation, which is an indicator of the financial condition of the business. For information about the difference between companies and shareholders, see ASC 840.” Our board of directors and a representative of the stockholders of our company may exercise voting rights on the stock. We intend on negotiating an arrangement with your representative, including, but not limited to, that is based on the terms above, a vote that would be in the affirmative. Our board of directors and a representative of your representatives may have different interpretations of terms, and the shares may be sold to investors based on those interpretations.
To the best of our knowledge, we have not purchased, or sold, any shares of Common Stock as described below.
Risks and uncertainties
Certain risks and uncertainties exist that can cause our operating results to differ materially from those of our operating results. As a result of these risks and uncertainties, or an impairment of our business and operating results, the company and shareholders may experience non-performance. Common stock may default, as a result of other adverse events for which the Company has been advised of. Such other adverse events could materially impair our operating results or materially affect our results of operations and operations.
We use various methods to address our liabilities. As a result of the risks and uncertainties described in this prospectus, the Company has concluded that the Company has no plans to issue common shares. The Company cannot rely on any other factors that can lead to its future results as certain other factors, such as performance expectations, are determined by us as a result of events beyond our control, whether or not such events affect its results or the performance of the Company. Accordingly, the Company has concluded that we have no plans to terminate our common stock or any other financial obligations, including pension or other obligations relating to the Company or any portion of common stock, except as necessary to provide for the future financial obligations of the Company. The Company complies with all applicable taxes, accounting rules, and other applicable legal requirements and laws.
In order to remain competitive, our competitors