This press release may contain forward-looking statements based on current expectations, projections and assumptions that involve risks and uncertainties that could cause actual results to differ materially from those anticipated, including statements regarding the amount and timing of expected revenues in connection with our financial performance, expected earnings, distributions and future growth in future quarterly and annual periods.
The audit will cover Wildfire’s consolidated balance sheet and income statement, shareholders’ equity and cash flow for the years ended December 31, 2020 and 2021, and the unaudited and audited consolidated balance sheet and income statement, shareholders’ equity and cash flow for the three-month periods ended March 31, 2022 and June 30, 2022, as well as any other interim periods that may be necessary for the Company’s SEC and financial reporting requirements. GTII anticipates that Wildfire will provide progress reports once the audit has commenced.
These risks and uncertainties are further defined in the Company’s reports and filings with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected or contemplated in the forward-looking statements as a result of a number of factors detailed from time to time in our filings with the SEC. Among other things, the Company may not be able to sustain its growth or achieve profitability as a result of many factors, including, but not limited to, the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable.
Reference is hereby made to the cautionary statements in the Company’s recent SEC filings. We have incurred and will continue to incur significant expenses in our development phase, and there can be no assurance that we will generate sufficient revenues to offset these costs in both the short and long term.