No Registration Statement. SCDC does not intend to file a registration statement to register the issuance or resale of the Shares issued to the Members. The Members must accept the Shares for investment purposes only, without a view toward further distribution thereof, and may only be transferred pursuant to an exemption from the registration thereof under applicable federal and state securities laws.
Appears in 2 contracts
Sources: Acquisition Agreement (Smokin Concepts Development Corp), Acquisition Agreement (Smokin Concepts Development Corp)