Common use of Acknowledgement of Risks Clause in Contracts

Acknowledgement of Risks. I have been furnished and have carefully read the information relating to the Company, including this form of Acquisition Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI has had unsuccessful operating history. The proposed operations are subject to all of the risks inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 3 contracts

Samples: Asset Acquisition Agreement (Sibannac, Inc.), Asset Acquisition Agreement (Sibannac, Inc.), Addendum to Agreement and Consent (Sibannac, Inc.)

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Acknowledgement of Risks. I have been furnished and have carefully read the Plan and information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, ICG has had unsuccessful a limited operating history. The ICG is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 2 contracts

Samples: Exchange Agreement (Infinity Capital Group, Inc.), Exchange Agreement (Infinity Capital Group, Inc.)

Acknowledgement of Risks. I have been furnished and have carefully read the information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI has Prior to the completion of the exchange, GIWS had unsuccessful no operating history, and Company is a shell and has been unsuccessful. The GIWS and Company are in the development stage, and the proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 2 contracts

Samples: Plan and Agreement of Reorganization and Share Exchange (Legacy Technology Holdings, Inc.), Plan and Agreement of Reorganization and Share Exchange (Legacy Technology Holdings, Inc.)

Acknowledgement of Risks. I have been furnished and have carefully read the information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI TRO has had unsuccessful operating history. The proposed operations are subject to all of the risks inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new energy business and the competitive environment in which the Company will operate.

Appears in 2 contracts

Samples: Share Exchange Agreement (Huber-Flotho Eckhardt), Share Exchange Agreement (T-Rex Oil, Inc.)

Acknowledgement of Risks. I have been furnished and have carefully read the Plan of Merger and information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's ’s place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, the Company has had unsuccessful no successful operating history. The Company is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history, and no revenues. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 1 contract

Samples: Exchange Agreement (Cannapharmarx, Inc.)

Acknowledgement of Risks. I have been furnished and have carefully read the Plan and information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, _______has had unsuccessful a limited operating history. The ____ is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 1 contract

Samples: Plan and Agreement of Reorganization (Infinity Capital Group, Inc.)

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Acknowledgement of Risks. I have been furnished and have carefully read the information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, T-Xxx has had unsuccessful a very limited operating history. The T-Xxx is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 1 contract

Samples: Exchange Agreement (Rancher Energy Corp.)

Acknowledgement of Risks. I have been furnished and have carefully read the Plan of Merger and information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's ’s place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, CPI-CO has had unsuccessful a very limited operating history. The CPI-CO is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 1 contract

Samples: Exchange Agreement (Cannapharmarx, Inc.)

Acknowledgement of Risks. I have been furnished and have carefully read the Plan and information relating to the Company, including this form of Acquisition Exchange Agreement. I am aware that: (a) There are substantial risks incident to the ownership of Shares from the Company, and such investment is speculative and involves a high degree of risk of loss by me of my entire investment in the Company. (b) No federal or state agency has passed upon the Shares or made any finding or determination concerning the fairness of this investment. (c) The books and records of the Company will be reasonably available for inspection by me and/or my investment advisors, if any, at the Company's place of business. (d) All assumptions and projections set forth in any documents provided by the Company have been included therein for purposes of illustration only, and no assurance is given that actual results will correspond with the results contemplated by the various assumptions set forth therein. (e) SI Prior to the completion of the exchange, SUGP has had unsuccessful a very limited operating history. The SUGP is in the development stage, and its proposed operations are subject to all of the risks risk inherent in the establishment of a new business enterprise, including a limited operating history. The unlikelihood of the success of the Company must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered in connection with the formation and operation of a new business and the competitive environment in which the Company will operate.

Appears in 1 contract

Samples: Share Exchange and Acquisition Agreement (Garner Investments Inc)

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