Common use of Representations and Covenants of Subscriber Clause in Contracts

Representations and Covenants of Subscriber. 2.1 The Subscriber recognizes that the purchase of Shares involves a high degree of risk in that (i) the Company will need additional capital but has no assurance of obtaining such additional necessary capital; (ii) an investment in the Company is highly speculative and only investors who can afford the loss of their entire investment should consider investing in the Company and the Shares; (iii) an investor may not be able to liquidate its investment; (iv) transferability of the Shares is extremely limited; and (v) an investor could sustain the loss of its entire investment.

Representations and Covenants of Subscriber. 2.1 The Subscriber recognizes that the purchase of Shares Units involves a high degree of risk in that (i) the Company will need additional capital but has no assurance of obtaining such additional necessary capital; (ii) an investment in the Company is highly speculative and only investors who can afford the loss of their entire investment should consider investing in the Company and the SharesUnits; (iii) an investor may not be able to liquidate its his investment; (iv) transferability of the Shares Units and the underlying warrants and Common Stock is extremely limited; and (v) an investor could sustain the loss of its his entire investment.

Representations and Covenants of Subscriber. 2.1 The Subscriber recognizes that the purchase of Shares involves a high degree of risk in that (i) the Company will need additional capital but has no assurance of obtaining such additional necessary capital; (ii) an investment in the Company is highly speculative and only investors who can afford the loss of their entire investment should consider investing in the Company and the Shares; (iii) an investor may not be able to liquidate its his investment; (iv) transferability of the Shares is extremely limited; and (v) an investor could sustain the loss of its his entire investment.