Common use of Financial Risks Clause in Contracts

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities Shares being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities Shares being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company Units and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company Units by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the CompanyUnits.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. 5.5

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. PREFERRED STOCK PURCHASE AGREEMENT BETWEEN WIRELESS AGE COMMUNICATIONS, INC. AND BXXXXX PARTNERS LP PAGE 12 OF 29

Financial Risks. The Such Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the such Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Such Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company Borrower and that it has been given full access to such records of the Company Borrower and the subsidiaries and to the officers of the Company Borrower and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company Borrower by virtue of its experience as an investor Investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the CompanyBorrower.

Financial Risks. The Each Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries subsidiaries, and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the matters. The Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Such Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities Common Stock being purchased by the such Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Such Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. SECURITIES PURCHASE AGREEMENT BETWEEN CHINA GOLF GROUP, INC. AND THE INVESTORS NAMED HEREIN

Financial Risks. The Investor acknowledges that such Investor it is able --------------- to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company Shares and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company Shares by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the CompanyShares.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company Company, including a complete loss of such investment, and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. STOCK PURCHASE AGREEMENT BETWEEN WIDEPOINT CORPORATION AND XXXXXX PARTNERS LP PAGE 11

Financial Risks. The Investor acknowledges that such Investor it is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company Securities and that it has been given full access to such records of the Company and the its subsidiaries and to the officers of the Company and the such subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company Securities by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters matters, and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the CompanySecurities.

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities Securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Such Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the such Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Such Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. SECURITIES PURCHASE AGREEMENT BETWEEN MALEX, INC. AND XXXXXX PARTNERS LP PAGE 16

Financial Risks. The Such Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the such Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Such Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. SECURITIES PURCHASE AGREEMENT BETWEEN ACHIEVERS MAGAZINE INC. AND XINGGUANG INVESTMENT CORPORATION LIMITED

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities Shares and the Investor Warrants being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities Shares and Investor Warrants being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities Shares and Investor Warrants being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that that, subject to further investigations of the Company after Closing, it has will have been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such Investor is able to bear the financial risks associated with an investment in the securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities being purchased by the Investor from the Company.. STOCK PURCHASE AGREEMENT BETWEEN SUN NEW MEDIA, INC. AND BXXXXX PARTNERS LP PAGE 7

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities Securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries its Subsidiaries and to the officers of the Company and the subsidiaries its Subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, . and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its entire investment in the securities being purchased by the Investor from the Company.

Financial Risks. The Investor acknowledges that such the Investor is able to bear the financial risks associated with an investment in the securities Securities being purchased by the Investor from the Company and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Investor is capable of evaluating the risks and merits of an investment in the securities Securities being purchased by the Investor from the Company by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Investor is capable of bearing the entire loss of its investment in the securities Securities being purchased by the Investor from the Company.