RISK AND SUITABILITY. 16‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that the yield based on the performance of the stock market may be nil at maturity. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The yield on the Guaranteed Investment can only be known for certain at maturity and is a function of the appreciation of the securities, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot guarantee a yield at the Date of maturity.
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser’s purchase of the Securities involves a high degree of risk and the Purchaser could lose a substantial portion or all of its investment in the Securities. In addition, the Purchaser has such knowledge and experience in business and financial matters, including without limitation, investment in technology and biotechnology companies, as will enable the Purchaser to fend for itself, bear the economic risk of its investment and evaluate the merits and risks of an investment in the Securities and to make an informed investment decision. The Purchaser understands that the Company anticipates, based on currently proposed plans and assumptions relating to its operations, that the proceeds of this Offering will provide sufficient working capital to meet the Company’s needs in the near term. In the event that the Company’s plans change or its assumptions change or prove to be inaccurate, the Company would be required to seek additional financing sooner than anticipated. There can be no assurance that the Company will achieve cash flow from operations sufficient to satisfy its working capital requirements, or at all, or that additional financing will be available to the Company on commercially reasonable terms, or at all.
RISK AND SUITABILITY. You acknowledge that option trading is risky. In particular, you are aware that: • The seller of a covered call option may forfeit significant profits if the price of the underlying security increases. • The purchaser of an option may lose the total amount paid to acquire the option. • The seller of an uncovered option may sustain substantial, sometimes sudden loss, and the risk in selling an uncovered call option is unlimited. • You certify that you have weighed these risks against your financial situation and investment objectives, and have determined that you are able to sustain the losses that might arise from options trading. If any material change in your financial situation or your investment objectives should occur you agree to notify Xxxxxx Xxxxxxx & Co., Inc. before you enter your next option order.
RISK AND SUITABILITY. When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price from Xxxxxx Xxxxxxx & Co., Inc. If you choose to borrow funds from Xxxxxx Xxxxxxx & Co., Inc., you will open a margin account with Xxxxxx Xxxxxxx & Co., Inc. The securities purchased are Xxxxxx Xxxxxxx & Co., Inc. collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, Xxxxxx Xxxxxxx & Co., Inc. can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. Although Xxxxxx Xxxxxxx & Co., Inc. may try to accommodate you, these risks include the following: • You can lose more funds than you deposit in the margin account. • A decline in the value of securities that are purchased on margin may require you to provide additional funds to • Xxxxxx Xxxxxxx & Co., Inc. to avoid the forced sale of those securities or other securities or assets in your account(s). • Xxxxxx Xxxxxxx & Co., Inc. can force the sale of securities or other assets in your account(s). If the equity in your account falls below Xxxxxx Xxxxxxx & Co., Inc. maintenance margin requirements, Xxxxxx Xxxxxxx & Co., Inc. can sell the securities or other assets in any of your accounts held at Xxxxxx Xxxxxxx & Co., Inc. to cover the margin deficiency. You also will be responsible for any short fall in the account after such a sale. • Xxxxxx Xxxxxxx & Co., Inc. can sell your securities or other assets without contacting you. Some investors mistakenly believe that their broker must contact them for a margin call to be valid, and that their broker cannot liquidate securities or other assets in their accounts to meet the call unless their broker has contacted them first. This is not the case. Xxxxxx Xxxxxxx & Co., Inc. may attempt to notify its customers of margin calls, but it is not required to do so. However, even if Xxxxxx Xxxxxxx & Co., Inc. has contacted a customer and provided a specific date by which the customer can meet a margin call, Xxxxxx Xxxxxxx & Co., Inc. can still take necessary steps to protect its financial interests, including immediately selling the securities without notice to the customer. • You are not entitled to choose which securities or other assets in your account(s) are ...
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser’s purchase of the Shares involves a high degree of risk and the Purchaser could lose a substantial portion or all of its investment in the Shares. In addition, the Purchaser has such knowledge and experience in business and financial matters, including, without limitation, investment in technology and biotechnology companies, as will enable the Purchaser to fend for itself, bear the economic risk of its investment and evaluate the merits and risks of an investment in the Shares and to make an informed investment decision.
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser's purchase of the Securities involves a high degree of risk. In addition the Purchaser has such knowledge and experience in business and financial matters, including, without limitation, investment in technology companies, as will enable Purchaser to evaluate the merits and risks of an investment in the Securities and to make an informed investment decision. The Purchaser understands that the Company anticipates, based on currently proposed plans and assumptions relating to its operations, that the proceeds of this Offering (and receipt of payment of the Vergemont Notes) will provide sufficient working capital to meet the Company's needs for the next 3 to 12 months (depending on the number of Units sold). In the event that the Company's plans change or its assumptions change or prove to be inaccurate (due to unanticipated expenses, delays, problems, difficulties or otherwise), the Company would be required to seek additional financing sooner than anticipated. The Company has no current arrangements with respect to, or sources of, additional financing, and it is not anticipated that existing stockholders will provide any portion of the Company's future financing requirements. There can be no assurance that the Company will achieve cash flow from operations sufficient to satisfy its working capital requirements, or at all, or that additional financing will be available to the Company on commercially reasonable terms, or at all.
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser’s purchase of the Securities involves a high degree of risk and the Purchaser could lose a substantial portion or all of its investment in the Securities. Such Purchaser is able to bear the economic risk of an investment in the Shares and Warrants and, at the present time, is able to afford a complete loss of such investment. In addition, the Purchaser has such knowledge and experience in business and financial matters, including without limitation, investment in technology and biotechnology companies, as will enable the Purchaser to fend for itself, bear the economic risk of its investment and evaluate the merits and risks of an investment in the Securities and to make an informed investment decision, and has so evaluated the merits and risks of such investment. The Purchaser understands that the Company anticipates, based on currently proposed plans and assumptions relating to its operations, that the proceeds of this Offering will provide sufficient working capital to meet the Company’s needs in the near term. In the event that the Company’s plans change or its assumptions change or prove to be inaccurate, the Company would be required to seek additional financing sooner than anticipated. There can be no assurance that the Company will achieve cash flow from operations sufficient to satisfy its working capital requirements, or at all, or that additional financing will be available to the Company on commercially reasonable terms, or at all. Each Purchaser acknowledges and agrees that the Company does not make and has not made any representations and warranties with respect to the transactions contemplated hereby other than those set forth in Section 3.1 hereof.
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser’s purchase of the Securities involves a high degree of risk and the Purchaser could lose a substantial portion or all of its investment in the Securities. The Purchaser understands that the Company anticipates, based on currently proposed plans and assumptions relating to its operations, that the proceeds of this offering will provide sufficient working capital to meet the Company’s needs in the immediate term but that the Company may be required to seek additional financing sooner than anticipated and that there can be no assurance that necessary additional financing will be available to the Company on commercially reasonable terms or at all. Each Purchaser acknowledges and agrees that the Company does not make and has not made any representations and warranties with respect to the transactions contemplated hereby other than those set forth in Section 3.1 hereof.
RISK AND SUITABILITY. The Purchaser acknowledges and realizes that Purchaser's purchase of the Securities involves a high degree of risk. The Purchaser represents that it has read and evaluated the discussion under the heading "Risk Factors" contained in the Company's annual report on Form 10-KSB for the year ended December 31, 1999. In addition, the Purchaser has such knowledge and experience in business and financial matters, including, without limitation, investment in technology companies, as will enable Purchaser to evaluate the merits and risks of an investment in the Securities and to make an informed investment decision. The Purchaser understands that the Company anticipates, based on currently proposed plans and assumptions relating to its operations, that the proceeds of this Offering will provide sufficient working capital to meet the Company's needs for the next 3 to 12 months (depending on the number of Units sold). In the event that the Company's plans change or its assumptions change or prove to be inaccurate (due to unanticipated expenses, delays, problems, difficulties or otherwise), the Company would be required to seek additional financing sooner than anticipated. The Company has no current arrangements with respect to, or sources of, additional financing, and it is not anticipated that existing stockholders will provide any portion of the Company's future financing requirements. There can be no assurance that the Company will achieve cash flow from operations sufficient to satisfy its working capital requirements, or at all, or that additional financing will be available to the Company on commercially reasonable terms, or at all.
RISK AND SUITABILITY. When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price from StockCross. If you choose to borrow funds from StockCross, you will open a margin account with StockCross. The securities purchased are StockCross’ collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, StockCross can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. Although StockCross may try to accommodate you, these risks include the following: • You can lose more funds than you deposit in the margin account. • A decline in the value of securities that are purchased on margin may require you to provide additional funds to StockCross to avoid the forced sale of those securities or other securities or assets in your account(s). • StockCross can force the sale of securities or other assets in your account(s). If the equity in your account falls below StockCross’ maintenance margin requirements, StockCross can sell the securities or other assets in any of your accounts held at StockCross to cover the margin deficiency. You also will be responsible for any short fall in the account after such a sale. • StockCross can sell your securities or other assets without contacting you. Some investors mistakenly believe that their broker must contact them for a margin call to be valid, and that their broker cannot liquidate securities or other assets in their accounts to meet the call unless their broker has contacted them first. This is not the case. StockCross may attempt to notify its customers of margin calls, but it is not required to do so. However, even if StockCross has contacted a customer and provided a specific date by which the customer can meet a margin call, StockCross can still take necessary steps to protect its financial interests, including immediately selling the securities without notice to the customer. • You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call. Because the securities are collateral for the margin loan, StockCross has the right to decide which securities to sell in order to protect its interests. StockCross will attempt to liquidate on a ...
