Company: ALDA
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001062506-25-000007
Chunk: 9

Company: ATLANTICA INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 if not impossible, to properly
or accurately analyze, let alone describe or identify, without referring to specific objective criteria.

Regardless, the results of operations of any
specific entity may not necessarily be indicative of what may occur in the future, by reason of changing market strategies, plant or product
expansion, changes in product emphasis, future management personnel and changes in innumerable other factors. Further, in the case of
a new business venture or one that is in a research and development mode, the risks will be substantial, and there will be no objective
criteria to examine the effectiveness or the abilities of its management or its business objectives. Also, a firm market for its products
or services may yet need to be established, and with no past track record, the profitability of any such entity will be unproven and cannot
be predicted with any certainty.

Our management will attempt to meet personally with
management and key personnel of any entity providing any potential business opportunity afforded to our Company, visit and inspect material
facilities, obtain independent analysis or verification of information provided and gathered, check references of management and key personnel
and conduct other reasonably prudent measures calculated to ensure a reasonably thorough review of any particular business opportunity;
however, due to time constraints of management, these activities may be limited.

We are unable to predict the time as to when and if
we may actually participate in any specific business endeavor. We anticipate that proposed business ventures will be made available to
us through personal contacts of directors, executive officers and principal stockholders, professional advisors, broker dealers in securities,
venture capital personnel, members of the financial community and others who may present unsolicited proposals. In certain cases, we may
agree to pay a finder’s fee or to otherwise compensate the persons who submit a potential business endeavor in which we eventually
participate. Such persons may include our directors, executive officers and beneficial owners our securities or their affiliates. In this
regard, see the description of our Management Services Agreement with Richland, Gordon & Company contained in Note 6 to the Unaudited
Financial Statements dated March 31, 2018 in Part I, Item 1. In this event, such fees may become a factor in negotiations regarding any
potential venture and, accordingly, may present a conflict of interest for such individuals.

Substantial fees are often paid in connection with
the completion of all types of acquisitions, reorganizations or mergers, ranging from a small amount to as much as $400,000 or more. These