Certain statements included in this release and the attachments are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting Surge Holdings and therefore involve a number of risks and uncertainties. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates.
We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of Surge Holdings to differ materially from those expressed or implied by forward-looking statements in this release include, but are not limited to, the level of consumer demand for apparel; disruption to Surge Holdings distribution system; Surge Holdings reliance on a small number of large customers; the financial strength of Surge Holdings customers; Surge Holdings ability to implement its growth strategy; Surge Holdings ability to grow its international and direct-to-consumer businesses; Surge Holdings and its customers’ ability to maintain the strength and security of its information technology systems; continued use by Surge Holdings suppliers of ethical business practices; Surge Holdings ability to protect trademarks and other intellectual property rights; foreign currency fluctuations; changes in tax liabilities, and legal, regulatory, political and economic risks in international markets. More information on potential factors that could affect Surge Holdings financial results is included from time to time in Surge Holdings public reports filed with the Securities and Exchange Commission, including Surge Holdings Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.