Operating History. The Company is in the process of emerging from Chapter 11 bankruptcy protection and does not have a recent history of profitable operations. The New Money Investor acknowledges that the ownership of the Shares involves a high degree of risk of loss of the New Money Investor's entire investment. The New Money Investor has made such investigation of the business and prospects of the Company as it deems adequate and specifically recognizes there is no assurance of any income from this investment.
Appears in 5 contracts
Samples: Subscription Agreement (Leisure Ventures Pte LTD), Subscription Agreement (Saud H R H Prince Alwaleed Bin Talal Bin Abdulaziz Al), Subscription Agreement (Lauren Investments LTD as Trustee of the Holst Trust)
