Understanding of Investment Risks. The Subscriber understands that there is no market for the Securities and no assurance that a market will develop, and that realization of the objectives of the Company is subject to significant economic and business risks as set forth in the Prospectus.
Understanding of Investment Risks. An investment in the Warrants should not be made by a purchaser who cannot afford the loss of its entire Purchase Price. The Purchaser acknowledges that the securities offered hereby have not been approved or disapproved by the Securities and Exchange Commission, or any state securities commission, nor has the Securities and Exchange Commission or any state securities commission passed upon the adequacy or accuracy of this Warrant Purchase Agreement. Prior to making an investment in the Warrants, the Purchaser has fully considered, among other things, the risk factors enumerated in the Company's filings with the Securities and Exchange Commission, and acknowledges that these risk factors have been considered prior to making this investment decision.
Understanding of Investment Risks. Any investment in the Securities should not be made by a Purchaser who cannot afford the loss of his entire Purchase Price. THE PURCHASER ACKNOWLEDGES THAT THE SECURITIES OFFERED HEREBY HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, OR ANY STATE SECURITIES COMMISSIONS, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ADEQUACY OR ACCURACY OF THIS SECURITIES PURCHASE AGREEMENT OR ANY EXHIBIT HERETO. PRIOR TO MAKING AN INVESTMENT IN THE SECURITIES, THE PURCHASER HAS FULLY CONSIDERED, AMONG OTHER THINGS, THE FINANCIAL AND OTHER INFORMATION SET FORTH IN THE REPORTS AS WELL AS THE RISK FACTORS ATTACHED HERETO AS EXHIBIT "B" AND ACKNOWLEDGES THAT SUCH INFORMATION HAS BEEN CONSIDERED PRIOR TO MAKING THIS INVESTMENT DECISION.
Understanding of Investment Risks. The Optionee understands --------------------------------- that:
Understanding of Investment Risks. Buyer understands that realization of the objectives of the Company is subject to significant economic and business risks.
Understanding of Investment Risks. Any investment in the ------------------------------------ Shares should not be made by a Purchaser who cannot afford the loss of his entire Purchase Price. The Purchaser acknowledges that the Shares offered hereby have not been approved or disapproved by the Securities and Exchange Commission, or any state securities commissions, nor has the Securities and Exchange Commission or any state securities commission passed upon the adequacy or accuracy of this Securities Purchase Agreement or any exhibit hereto. Prior to making an investment in the Shares, the Purchaser has fully considered, among other things, the financial and other information set forth in the Reports as well as the risk factors enumerated in the Company's Amendment Number 1 to Registration Statement on Form S-1 (SEC File Number 333-80107), and acknowledges that such information has been considered prior to making this investment decision.
Understanding of Investment Risks. An investment in the Shares should not be made by a Purchaser who cannot afford the loss of its entire Purchase Price. The Purchaser acknowledges that the Shares offered hereby have not been approved or disapproved by the Securities and Exchange Commission, or any state securities commissions, nor has the Securities and Exchange Commission or any state securities commission passed upon the adequacy or accuracy of this Securities Purchase Agreement or any exhibit hereto. An investment in the Shares should not be made until the Purchaser has considered the following risk factors:
Understanding of Investment Risks. An investment in the Units should not be made by a Purchaser who cannot afford the loss of its entire Purchase Price. The Purchaser acknowledges that the Units offered hereby have not been approved or disapproved by the Securities and Exchange Commission, or any state securities commissions, nor has the Securities and Exchange Commission or any state securities commission passed upon the adequacy or accuracy of this Securities Purchase Agreement or any exhibit hereto. An investment in the Units should not be made until the Purchaser has considered the following risk factors:
Understanding of Investment Risks. You understand that an investment in the Shares involves a degree of risk. The Shares are a suitable investment only if you can afford a total loss of your investment. Before making the decision to purchase the Shares, you do hereby acknowledge that you have considered carefully, among other things, the speculative nature of an investment in shares of a public company and a number of risks associated with an investment in the Shares.
Understanding of Investment Risks. An investment in the Shares should not be made by a Purchaser who cannot afford the loss of its entire Purchase Price. THE PURCHASER ACKNOWLEDGES THAT THE SHARES OFFERED HEREBY HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, OR ANY STATE SECURITIES COMMISSIONS, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ADEQUACY OR ACCURACY OF THIS SECURITIES PURCHASE AGREEMENT OR ANY EXHIBIT HERETO. An investment in the Shares should not be made until the Purchaser has considered the following risk factors:
