Newly Formed Entity. It recognizes that the Company was only recently formed and, accordingly, has no financial or operating history and that the investment in the Company is extremely speculative and involves a high degree of risk.
Appears in 3 contracts
Sources: Option Exchange, Contribution and Subscription Agreement (Hollywood Entertainment Corp), Option Exchange, Contribution and Subscription Agreement (Hollywood Entertainment Corp), Option Exchange, Contribution and Subscription Agreement (Wattles Mark J)