" (State of California Division of Drinking Water and Environmental Management, 2007)
V. RESPONSE of the SHARP'S CORPORATION
According to the representative for the Sharps Corporation:
We believe this to be a break-through event for the Company as the legislative process now mandates the proper disposal of used syringes, needles and lancets outside of the traditional healthcare setting in California. We believe that the California legislation could prove to be the model for legislation throughout the country. This legislation has the potential to not only positively impact our residential community business but also sales opportunities in all markets we serve as the country recognizes that the proper disposal of sharps waste outside of the healthcare setting is on the legislative radar screen." (Business Wire, July 17, 2006)
From the view of the company, the Business Wire article states that the forward looking words in the language of Sharps representative such as "expect," "estimate," and "anticipate" are "subject to risk and uncertainties and the company's future results of operations could differ materially from historical results or current expectations." (Business Wire, 2006) Stated risks include the ability of the Sharps company in educating customers and in the company's development of public awareness programs targeting customers. Sharps will also be responsible for its company's management of regulatory compliance. However, the Sharps company states that it does not take the legal responsibility of educating and informing the public in relation to compliance with Senate Bill 1305.
VI. STAKEHOLDERS IDENTIFIED
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