Document ID: 12739

Text:
The Seller recognizes that the purchase of the Securities involves a high degree of risk including, but not limited to, the following: (a) the Buyer has a limited operating history with a history of losses and requires additional funds to conduct its business; (b) an investment in the Buyer is highly speculative, and only investors who can afford the loss of their entire investment should consider investing in the Buyer and the Securities; (c) the Seller may not be able to liquidate its investment; (d) transferability of the Securities is extremely limited and the Buyer will not be registering the resale of the Shares; (e) in the event of a disposition, the Seller could sustain the loss of its entire investment; (f) the Buyer has not paid any dividends since its inception and does not anticipate paying any dividends; and (g) the Buyer may issue additional securities in the future which have rights and preferences that are senior to those of the Securities. Without limiting the generality of the representations set forth in Section 1.5 below, the Seller represents that the Seller has carefully reviewed all of the Buyers filings made with the Securities and Exchange Commission (SEC) pursuant to the Securities Exchange Act of 1934 , as amended (Exchange Act) through the date of execution hereof (SEC Filings) and has had the opportunity to ask management any questions regarding the SEC Filings.

Named Entities:
232
236
Act

Tokenized Text:
The
Seller
recognizes
that
the
purchase
of
the
Securities
involves
a
high
degree
of
risk
including
,
but
not
limited
to
,
the
following
:
(
a
)
the
Buyer
has
a
limited
operating
history
with
a
history
of
losses
and
requires
additional
funds
to
conduct
its
business
;
(
b
)
an
investment
in
the
Buyer
is
highly
speculative
,
and
only
investors
who
can
afford
the
loss
of
their
entire
investment
should
consider
investing
in
the
Buyer
and
the
Securities
;
(
c
)
the
Seller
may
not
be
able
to
liquidate
its
investment
;
(
d
)
transferability
of
the
Securities
is
extremely
limited
and
the
Buyer
will
not
be
registering
the
resale
of
the
Shares
;
(
e
)
in
the
event
of
a
disposition
,
the
Seller
could
sustain
the
loss
of
its
entire
investment
;
(
f
)
the
Buyer
has
not
paid
any
dividends
since
its
inception
and
does
not
anticipate
paying
any
dividends
;
and
(
g
)
the
Buyer
may
issue
additional
securities
in
the
future
which
have
rights
and
preferences
that
are
senior
to
those
of
the
Securities
.
Without
limiting
the
generality
of
the
representations
set
forth
in
Section
1
.
5
below
,
the
Seller
represents
that
the
Seller
has
carefully
reviewed
all
of
the
Buyers
filings
made
with
the
Securities
and
Exchange
Commission
(
SEC
)
pursuant
to
the
Securities
Exchange
Act
of
1934
,
as
amended
(
Exchange
Act
)
through
the
date
of
execution
hereof
(
SEC
Filings
)
and
has
had
the
opportunity
to
ask
management
any
questions
regarding
the
SEC
Filings
.