Speculative Securities. The Investor understands that an investment in the Securities is highly speculative and involves a high degree of risk. The Investor believes the investment is suitable for the Investor based on his, her or its investment objectives and financial needs. The Investor has adequate means for providing for his, her or its current financial needs and personal contingencies and has no need for liquidity of investment with respect to the Securities. The Investor can bear the economic risk of investment in the Securities for an indefinite period of time and can afford a complete loss of such investment.
Appears in 2 contracts
Sources: Convertible Promissory Note and Warrant Purchase Agreement (Digitiliti Inc), Convertible Promissory Note and Warrant Purchase Agreement (Digitiliti Inc)