Arbitrary Offering Price. The price of the Shares offered hereby has been arbitrarily determined by the Company without the benefit of an arm's-length negotiation and is not based upon generally-recognized criteria, such as earnings, price per share, net book value, etc. There can be no assurances that the offering price is representative of the actual value of the Shares.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Cytomedix Inc), Securities Purchase Agreement (Cytomedix Inc), Securities Purchase Agreement (Silver King Resources Inc)
Arbitrary Offering Price. The offering price of the Shares offered hereby has been determined arbitrarily determined by the Company without and does not necessarily bear any relationship to the benefit assets, book value or any other recognized criteria of an arm's-length negotiation and value of the Company's assets. No assurance is not based upon generally-recognized criteria, such as earnings, price per share, net book value, etc. There or can be no assurances given that any Shares, if transferable, could be sold for the offering price is representative of the actual value of the Sharesor for any amount.
Appears in 2 contracts
Samples: Subscription Agreement (Ricex Co), Subscription Agreement (Ricex Co)
Arbitrary Offering Price. The offering price of the Shares offered hereby has been arbitrarily determined solely by the Company without and does not necessarily bear any relationship to the benefit value of an arm's-length negotiation and is not based upon generally-the Company’s assets, current or potential earnings of the Company, or any other recognized criteria, such as earnings, price per share, net book criteria used for measuring value, etc. There and therefore, there can be no assurances assurance that the offering price of the Shares is representative of the actual value of the underlying Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Armada Water Assets Inc)