Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 26

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 26
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 be liable for claims in excess of any coverage and for any deductibles required. If uncovered liabilities are substantial, any
payment could adversely impact the Company’s liquidity, which could result in the reduction or cessation of operations. Moreover,
some liabilities are not insurable at a reasonable cost or at all.

We are dependent upon information technology
systems, which are subject to disruption, damage, failure and risks associated with implementation and integration.

We are dependent upon information technology systems
in the conduct of our operations. Our information technology systems are subject to disruption, damage or failure from a variety of sources,
including, without limitation, computer viruses, security breaches, cyberattacks, natural disasters and defects in design. Cybersecurity
incidents, in particular, are evolving and include, but are not limited to, malicious software, attempts to gain unauthorized access to
data and other electronic security breaches that could lead to disruptions in systems, unauthorized release of confidential or otherwise
protected information and the corruption of data. Various measures have been implemented to manage our risks related to information technology
systems and network disruptions. However, given the unpredictability of the timing, nature and scope of information technology disruptions,
we could potentially be subject to operational delays, the compromising of confidential or otherwise protected information, destruction
or corruption of data, security breaches, other manipulation or improper use of our systems and networks or financial losses from remedial
actions, any of which could have a material adverse effect on our cash flows, competitive position, financial condition or results of
operations.

15 

Risks Associated with our Securities

Our common stock has been approved for trading
on the OTCQB, but trading volume in our common stock has been limited, and there is no assurance that an active market will develop.

Our common stock was approved for trading on the OTCQB
in September 2022. To date, trading volume in our common stock has been limited. Investors may have difficulty buying or selling our common
shares. There is no assurance that an active market for our common stock will develop or that our common stock will achieve any particular
trading price. Active trading markets generally result in lower price volatility and more efficient execution of buy and sell orders for
investors.

In addition, our common stock is unlikely to be followed
by any market analysts, and there may be few institutions acting as market makers for our common stock. Either of these factors could
adversely affect the liquidity and trading price of our common stock.

Securities which are traded on OTC Markets