6. RISK FACTORS Investment in the Units involves a substantial degree of risk and should be regarded as speculative. Asa result, the purchase of the Units should be considered only by persons who can reasonably afford a loss of their entire investment. Prospective investors should carefully consider, in addition to matters set forth elsewhere in this Memorandum, the following factors relating to the business of the Company and this offering. The order in which risk factors appear is not intended as an indication of the relative weight or importance thereof. Prospective investors should carefully review all risk factors. Such information is presented as of the date hereof and is subject to change without notice. The discussion in this Memorandum contains forward-looking statements that involve risks and uncertainties. Actual results may differ significantly from the results discussed in the forward-locking statements. Factors that could cause or contribute to such differences include, but are not limited fo, those discussed below. The occurrence of any of these factors could materially and adversely affect the Company's results of operations or cash flow. Risks described herein that could affect KLC are also likely to be similar for other pre-K-12 businesses we may acquire or develop. Other businesses we acquire or develop in foreign countries or in different markets, may be subject to risks in addition to those discussed below. 6.7. Risks Related to Our Business 6.1.1 Risks associated with growth through acquisitions; potential inability to consummate transactions Aprincipal component of the Company's growth strategy is the acquisition of other businesses or interests therein that will complement and/or expand the Company's businesses and the products and services that they offer. The successful implementation of this strategy will depend upon a number of factors, including the ability to identify attractive acquisition opportunities, consummate such transactions o