To date, we have identified a number of potential acquisition candidates meeting broad preliminary selection criteria, but we have not made a firm offer to or completed a business combination with any target. We cannot assure you that we will be able to locate a target business or that we will be able to engage in a business combination with a target business on favorable or acceptable terms.

Subject to the limitation that a target entity have an operating business in the security industry and have a fair market value of at least 80% of our net assets at the time of the acquisition, as described below in more detail, we have virtually unrestricted flexibility in identifying...