The company receives webmaster functions from outside the company. The company engages numerous outside firms to generate traffic to it's websites and the client link partners are unrelated parties. Although the Company believes that each of these activities can be performed by firms other than the ones currently engaged, no assurance can be made that the Company will be able to enter into equal or superior arrangements with all outside service providers in the future. We are dependent on the acceptance of electronic commerce by consumers. A significant barrier to electronic commerce and communications is the secure transmission of confidential information over public networks.
Business relies on encryption technology to ensure privacy on internet transactions.
If consumers believe that the security provided on the internet is not adequate, the expansion and continued acceptance of electronic commerce will be adversely affected, and the Company can provide no assurance that EPS would not be greatly harmed. The industry we operate in is highly competitive and we can not be sure we can compete effectively. The financial services industry is a multi trillion dollar market segment, and there are numerous competitors both on the internet and in traditional market locations. The Company's technological or intellectual property may not provide long term competitive advantages or barriers to entry over its competition. Many of the Company's potential competitors have significantly greater capital resources and the Company can provide no assurances that it will be able to compete successfully with these firms.