Investor Representations and Understandings. The Undersigned hereby makes the following representations, warranties and agreements and confirms the following understandings:
(a) The Undersigned has received a copy of the Company’s Form 1/A filing as filed on xxx.xxx.xxx and declared effective ______________. 20___ (the “Offering Circular”), and has reviewed it carefully, and has had an opportunity to question representatives of the Company and obtain such additional information concerning the Company as the Undersigned requested. All questions of the Undersigned have been satisfactorily answered prior to making this investment.
(b) The Undersigned has sufficient experience in financial and business matters to be capable of utilizing such information to evaluate the merits and risks of the Undersigned’s investment, and to make an informed decision relating thereto; or the Undersigned has utilized the services of his, her or its financial advisor or other investment representative and together they have sufficient experience in financial and business matters that they are capable of utilizing such information to evaluate the merits and risks of the Undersigned’s investment, and to make an informed decision relating thereto.
(c) The Undersigned has evaluated the risks of this investment in the Company, including those risks particularly described in the Offering Circular, and has determined that the investment is suitable for him, her or it. The Undersigned has adequate financial resources for an investment of this character, and at this time could bear a complete loss of his investment. The Undersigned understands that any projections or other forward-looking statements that were made in the Offering Circular are mere estimates and may not reflect the actual results of the Company’s operations. The Undersigned understands that the Use of Proceeds made in the Offering Circular are estimates, are not binding, and are subject to the Company’s discretion, and may not reflect the actual use of proceeds by the Company of the funds they receive from this offering and from your investment.
(d) The Undersigned understands that the Shares are not being registered under the Securities Act of 1933, as amended (the “1933 Act”) on the ground that the issuance thereof is exempt under Regulation A of Section 3(b) of the 1933 Act, and that reliance on such exemption is predicated in part on the truth and accuracy of the Undersigned’s representations and warranties, and those of the other purchasers of Shares.
(e) The U...
