No financial or operational history. The Company is in a development stage and has recently been formed for the purpose of carrying out the business plan contained in this Company Description and therefore lacks a financial and an operational history. This means that it may be difficult to correctly assess the financial situation and financial and operational performance of the Company as there is no conventional basis upon which to evaluate the Company’s financial and operational history, which may make an investment in the Company associated with higher risk than investing in a company with a long and proven operating and financial track record.