Private Offerings. Assuming the truth of each Purchaser’s representations and acknowledgments contained in Section 5 hereof, neither the Company nor any Person acting on its behalf (other than the Purchasers, as to whom the Company makes no representations) has offered or sold the Units by means of any general solicitation or general advertising within the meaning of Rule 502(c) under the Securities Act. The Company has not sold Units to anyone other than the Purchasers.
Appears in 3 contracts
Samples: Subscription Agreement (BioDrain Medical, Inc.), Subscription Agreement (BioDrain Medical, Inc.), Subscription Agreement (BioDrain Medical, Inc.)