Common use of Speculative Nature of Investment Clause in Contracts

Speculative Nature of Investment. Purchaser acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and Warrants; (ii) Purchaser may not be able to liquidate his investment; (iii) transferability of the Notes, Warrants and the shares of Common Stock issuable upon exercise of the Warrants is extremely limited; and (iv) Purchaser could sustain the loss of his entire investment.

Speculative Nature of Investment. Purchaser acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and WarrantsNotes; (ii) Purchaser may not be able to liquidate his its investment; (iii) transferability of the Notes, Warrants and the shares of Common Stock issuable upon exercise of the Warrants Notes is extremely limited; and (iv) Purchaser could sustain the loss of his its entire investment.

Speculative Nature of Investment. Purchaser acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and Warrantsthe Notes; (ii) Purchaser may not be able to liquidate his investment; (iii) transferability of the Notes, Warrants Notes and the shares of Common Stock issuable in payment of principal and interest on the Notes and upon exercise Mandatory Conversion of the Warrants Notes (as defined in the Notes) is extremely limited; and (iv) Purchaser could sustain the loss of his entire investment.

Speculative Nature of Investment. Purchaser acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and Warrantsthe Notes; (ii) Purchaser may not be able to liquidate his investment; (iii) transferability of the Notes, Warrants Notes and the shares of Common Stock issuable in payment of interest on the Notes and upon exercise conversion of the Warrants Notes is extremely limited; and (iv) Purchaser could sustain the loss of his entire investment.

Speculative Nature of Investment. Purchaser acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and WarrantsNotes; (ii) Purchaser may not be able to liquidate his investment; (iii) transferability of the Notes, Warrants Notes and the shares of Common Stock issuable upon exercise conversion of the Warrants Notes is extremely limited; and (iv) Purchaser could sustain the loss of his entire investment.

Speculative Nature of Investment. Purchaser Lender acknowledges that the purchase of the Notes and Warrants involves a high degree of risk and that (i) 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 purchasing Notes and Warrants; (ii) Purchaser Lender may not be able to liquidate his investment; (iii) transferability of the Notes, Warrants and the shares of Common Stock issuable upon exercise of the Warrants is extremely limited; and (iv) Purchaser Lender could sustain the loss of his entire investment.