Spare Backup, Inc. Confidential Private Offering Memorandum TOTAL OFFERING (40 Units) OFFERING PRICE $50,000 PER UNIT Each Unit consists of (i) a $25,000 - $50,000 of 312,500 - 416,667 shares of Spare Backup, Inc. Common stock) and (ii) a Common Stock...Subscription Agreement • May 24th, 2010 • Spare Backup, Inc. • Services-prepackaged software
Contract Type FiledMay 24th, 2010 Company IndustryTHE UNITS OFFERED HEREBY INVOLVE A HIGH DEGREE OF RISK AND ARE, THEREFORE, HIGHLY SPECULATIVE IN NATURE AND SHOULD NOT BE PURCHASED BY PERSONS WHO CANNOT AFFORD THE LOSS OF THEIR ENTIRE INVESTMENT. IN ANALYZING THIS OFFERING, PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER THE RISK FACTORS AND THE SPECULATIVE FACTORS INHERENT IN AND AFFECTING BOTH OUR BUSINESS AND THE VALUE OF OUR SECURITIES. IN ADDITION TO THE OTHER INFORMATION IN THIS CONFIDENTIAL PRIVATE OFFERING MEMORANDUM, THE FOLLOWING FACTORS SHOULD BE CONSIDERED CAREFULLY IN EVALUATING AN INVESTMENT IN THE UNITS OFFERED BY THIS CONFIDENTIAL PRIVATE OFFERING MEMORANDUM.