Competitive marketplace. There are a number of competitors and potential competitors in the market of fitness. If the Company is unable to differentiate itself from its competitors, drive value for its clients and/or effectively align its resources with its goals and objectives, it may not be able to compete effectively. The Company’s competitors may introduce their own value-added solutions more effectively than the Company, which could adversely impact the Company’s growth.
EPIC Global Franchising is still a small franchising company. We started in 2015 and have had lots of interest since our inception, but we are still very new.
Your investment is not guaranteed. Just like every investment, your principal investment is not guaranteed.
This is a revenue share, which means we payout based on our actual revenue not our projected revenue. The Company may never achieve sufficient revenue to reach the payback target. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions.
EPIC Global Franchising LLC is very selective in its franchisees which may slow down growth in the short term.
Statements in this Form C regarding the Company, which are not historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as believe, intend, expect, may, will, provide, could and should and the negative of these terms or other similar expressions. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Our actual results could differ materially from those we anticipate as a result of various factors. For a discussion of these and other related risks, please refer to the following “Risk Factors” in this Question 8. Forward-looking statements represent the Company’s management’s beliefs and assumptions only as of the date made. The Company assumes no obligation to update these forward-looking statements.
We are an early stage company. The Company has a limited operating history and has received limited revenues to date. If you are investing in this company, it’s because you think this is a good idea, that the founders can execute it better than their competition, that they can price their product right and sell it to enough people such that the company will succeed. You are taking all these things on faith, because it’s impossible to know what will happen. We are dependent upon additional capital resources for the continuation of our planned principal operations and are subject to significant risks and uncertainties, including failing to secure funding to operationalize our planned operations or failing to profitably operate the business.
We rely on the protection of patent, trademark, copyright and other intellectual property protection rights. Such intellectual property rights, however, may not be sufficiently broad or otherwise may not provide us a significant competitive advantage. In addition, the steps that we have taken to maintain and protect our intellectual property may not prevent it from being challenged, invalidated, circumvented or designed-around, particularly in countries where intellectual property rights are not highly developed or protected. In some circumstances, enforcement may not be available to us because an infringer has a dominant intellectual property position or for other business reasons, or countries may require compulsory licensing of our intellectual property. Our failure to obtain or maintain intellectual property rights that convey competitive advantage, adequately protect our intellectual property or detect or prevent circumvention or unauthorized use of such property, could adversely impact our competitive position and results of operations. We also rely on nondisclosure and noncompetition agreements with employees, consultants and other parties to protect, in part, trade secrets and other proprietary rights. There can be no assurance that these agreements will adequately protect our trade secrets and other proprietary rights and will not be breached, that we will have adequate remedies for any breach, that others will not independently develop substantially equivalent proprietary information or that third parties will not otherwise gain access to our trade secrets or other proprietary rights.