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Experience of Such Purchaser. Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities, and has so evaluated the merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

Experience of Suchthe Purchaser. SuchThe Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities, and has so evaluated the merits and risks of such investment. SuchThe Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

Experience of Suchthe Purchaser. SuchThe Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities,Shares, and has so evaluated the merits and risks of such investment. SuchThe Purchaser is able tocan bear the economic risk of an investment in the SecuritiesShares and, at the present time, is able to afford a complete loss of such investment.

Experience of Such Purchaser. Such Purchaser, either alone or together with its representatives,The Purchaser has such knowledge, sophisticationknowledge and experience in financial and business and financial matters somatters, knowledge of the high degree of risk associated with investments in the securities of companies in the development stage such as to bethe Company, is capable of evaluating the merits and risks of the prospectivean investment in the Securities,Securities and has so evaluated the merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the Securities and, atin the present time, is able toamount contemplated hereunder for an indefinite period of time. The Purchaser has adequate means of providing for its current financial needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized by the investment in the Securities. The Purchaser can afford a complete loss of such investment.its investments in the Securities.

Experience of Such Purchaser. Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of purchasing the prospective investment inSecurities, including the risk that the Purchaser could lose the entire value of the Securities, and has so evaluated the merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.purchase;

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