CONTENTS
PROTECTING TODAY
SECURING TOMORROW
ARMOR DESIGNS, INC
ANNUAL REPORT & ACCOUNTS 2007
Armor Designs Inc. (“Company”) operates in a
rapidly changing environment that involves a
number of uncertainties, many of which are beyond
the Company’s control. This report contains, in
addition to historical information, forward-looking
statements that involve risks and uncertainties. The
words “expect”, “estimate”, anticipate”, “believe”,
“intend”, “aim”, “plan” and similar expressions and
variations thereof are intended to identify forwardlooking
statements. The Company’s actual results
could differ materially from those set forth in or
implied by any forward-looking statements. Factors
that could cause or contribute to such differences
include, but are not limited to, those uncertainties
discussed in this report as well as those discussed
in Part III of the Company’s AIM Admission
Document dated 31 December 2007. A copy of this
document may be obtained by contacting the
Company at +1 602 275 4633 or downloaded from
the website (www.armordesigns.com). Given these
uncertainties, investors are cautioned not to place
undue reliance on such forward-looking statements.
Subject to any legal and regulatory requirements,
the Company disclaims any obligation to update any
such forward-looking statements in this document to
reflect future events or developments.
01 Highlights
02 Company overview
04 Chairman and CEO’s statement
06 Board of directors
08 Directors’ report
12 Report on corporate governance
16 Report of independent
certified public accountants
17 Consolidated balance sheet
18 Consolidated statements of operations
19 Consolidated statements of changes in equity
20 Consolidated statements of cash flows
21 Notes to the accounts
31 Preliminary notice of annual general meeting
36 Shareholder information