Common use of Acknowledgement of Risk Clause in Contracts

Acknowledgement of Risk. Such Buyer acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer may not be able to liquidate its investment; (iv) transferability of the Securities is limited; (v) in the event of a disposition of the Securities, such Buyer could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer Purchaser agrees, acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, limitation that: (ia) the Company remains an early is a development stage business with limited operating history and requires may require substantial funds in addition to the proceeds from the sale of the Securitiesfunds; (iib) an investment in the Company is speculative, highly speculative and only purchasers Persons who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iiic) such Buyer Purchaser may not be able to liquidate its investment; (ivd) transferability of the Securities is extremely limited; and (ve) in the event of a disposition of the Securities, such Buyer could Purchaser can sustain the loss of its entire investment; . Such Purchaser has considered carefully and (vi) understands the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends risks associated with an investment in the foreseeable futureSecurities.

Acknowledgement of Risk. Such Buyer Seller agrees, acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, limitation that: (ia) the Company remains an early is a development stage business with limited operating history and requires may require substantial funds in addition to the proceeds from the sale of the Securitiesfunds; (iib) an investment in the Company is speculative, highly speculative and only purchasers Persons who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iiic) such Buyer the Seller may not be able to liquidate its investment; (ivd) transferability of the Securities is extremely limited; and (ve) in the event of a disposition of the Securities, such Buyer could the Seller can sustain the loss of its entire investment; . Such Seller has considered carefully and (vi) understands the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends risks associated with an investment in the foreseeable futureSecurities.

Acknowledgement of Risk. Such Buyer acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer may not be able to liquidate its investment; (iv) transferability of the Securities is limited; (v) in the event of a disposition of the Securities, such Buyer could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable futurefuture and (vii) those risks set out in the Registration Statement.

Acknowledgement of Risk. Such The Buyer acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such the Buyer may not be able to liquidate its investment; (iv) transferability of the Securities is limited; (v) in the event of a disposition of the Securities, such the Buyer could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer Investor acknowledges and understands agrees that its investment in the Securities involves a significant degree of risk, including, without limitation, that (i) the Company remains an early is a development stage business with limited operating history and requires will require substantial funds in addition to the proceeds from the sale of the SecuritiesSecurities to operate its business; (ii) an investment in the Company is speculative, and only purchasers a Person who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer Investor may not be able to liquidate its investment; (iv) transferability of the Securities is extremely limited; (v) in the event of a disposition of the Securities, such Buyer Investor could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer The Purchaser acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early a development stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers Purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer the Purchaser may not be able to liquidate its investment; (iv) transferability of the Securities is extremely limited; (v) in the event of a disposition of the Securities, such Buyer the Purchaser could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future. Such risks are more fully set forth in the SEC Documents.

Acknowledgement of Risk. Such Buyer acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer may not be able to liquidate its investment; (iv) transferability of the Securities is limited; (v) in the event of a disposition of the Securities, such Buyer the Purchaser could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock Ordinary Shares since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer Investor acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, limitation that (i) the Company remains an early a development stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is highly speculative, and only purchasers Investors who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer the Investor may not be able to liquidate its investment; (iv) transferability of the Securities is extremely limited; (v) in the event of a disposition of the Securities, such Buyer the Investor could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer Seller agrees, acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, limitation that: (ia) the Company remains an early is a development stage business with limited operating history and requires may require substantial funds in addition to the proceeds from the sale of the Securitiesfunds; (iib) an investment in the Company is speculative, highly speculative and only purchasers Persons who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iiic) such Buyer the Seller may not be able to liquidate its investment; (ivd) transferability of the Securities is extremely limited; and (ve) in the event of a disposition of the Securities, such Buyer could the Seller can sustain the loss of its entire investment; . Seller has considered carefully and (vi) understands the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends risks associated with an investment in the foreseeable futureSecurities.

Acknowledgement of Risk. Such Buyer acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains an early stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) such Buyer may not be able to liquidate its investment; (iv) transferability of the Securities is limited; (v) in the event of a disposition of the Securities, such Buyer the Purchaser could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

Acknowledgement of Risk. Such Buyer The Purchaser agrees, acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, limitation that: (ia) the Company remains an early is a development stage business with limited operating history and requires may require substantial funds in addition to the proceeds from the sale of the Securitiesfunds; (iib) an investment in the Company is speculative, highly speculative and only purchasers Persons who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iiic) such Buyer the Purchaser may not be able to liquidate its investment; (ivd) transferability of the Securities is extremely limited; and (ve) in the event of a disposition of the Securities, such Buyer could the Purchaser can sustain the loss of its entire investment; . The Purchaser has considered carefully and (vi) understands the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends risks associated with an investment in the foreseeable futureSecurities.