RISK FACTOR LANGUAGE
Investments in the Securities are speculative and involve a high degree of risk. Companies engaging in private placements may be early stage and high risk. You should be able to afford the increased risk of loss with such investments, including the potential of a total loss.
An investor in the Securities should have little to no need for liquidity in the foreseeable future. Unlike an investment purchased on a stock exchange, an investment in a private placement is highly illiquid. You will mostly likely be investing in restricted securities, may have difficulty finding a buyer for the securities when you can resell and, as a result, may need to hold the securities indefinitely.
Limited disclosure Information. Companies engaging in private placements are not required to provide the disclosure that would be required in a registered offering. You may have less information to make an informed investment decision than, for example, stock purchased on a stock exchange, including information that may help you determine whether the price asked for the investment is a fair price. Potential buyers or sellers of the Securities should seek professional counsel prior to entering into any transaction.