Company: TOGIW
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001214659-25-006296
Chunk: 47

Company: TurnOnGreen, Inc.
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 47
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 stock may be thinly traded on the Pink
Open Market, meaning that the number of persons interested in purchasing our shares of common stock at or near ask prices at any given
time may be relatively small or non-existent. This situation is attributable to a number of factors, including the fact that we are a
small company which is relatively unknown to stock analysts, stock brokers, institutional investors and others in the investment community
that generate or influence sales volume, and that even if we came to the attention of such persons, they tend to be risk-averse and would
be reluctant to follow an unproven, early stage company such as ours or purchase or recommend the purchase of our shares of common stock
until such time as we became more seasoned and viable. As a consequence, there may be periods of several days or more when trading activity
in our shares of common stock is minimal or non-existent, as compared to a seasoned issuer which has a large and steady volume of trading
activity that will generally support continuous sales without an adverse effect on the price of our common stock.

If securities analysts do not publish research
or reports about our business or if they publish negative evaluations of our stock, the price of our common stock could decline.

The trading market for our common stock will rely
in part on the research and reports that industry or financial analysts publish about us or our business. We do not currently have and
may never obtain research coverage by industry or financial analysts. If no or few analysts commence coverage of us, the trading price
of our common stock could decrease. Even if we do obtain analyst coverage, if one or more of the analysts covering our business downgrade
their evaluations of our stock, the price of our common stock could decline. If one or more of these analysts cease to cover our stock,
we could lose visibility in the market for our common stock, which in turn could cause our stock price to decline.

Our charter provides for limitations of director
liability and indemnification of directors, officers and employees.

Our articles of incorporation limit the liability
of directors to the maximum extent permitted by Nevada law. Nevada law provides that directors of a corporation will not be personally
liable for monetary damages for breach of their fiduciary duties as directors, except for liability for any:

  breach of their duty of loyalty to us or our shareholders;  

  act or omission not in good faith or that involves intentional misconduct or a knowing violation of law;  

  unlawful payments of dividends or unlawful stock repurchases, or redemptions as