Understanding of Risks. Grantee is fully aware of: # the highly speculative nature of the investment in the Shares; # the financial hazards involved; # the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Grantee may not be able to sell or dispose of the Shares or use them as collateral for loans); # the qualifications and backgrounds of the management of the Company; and # the tax consequences of investment in the Shares. Grantee is capable of evaluating the merits and risks of this investment, has the ability to protect Grantee's own interests in this transaction and is financially capable of bearing a total loss of this investment.
Understanding of Risks. Grantee is fully aware of: # the highly speculative nature of the investment in the Shares; # the financial hazards involved; # the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Grantee may not be able to sell or dispose of the Shares or use them as collateral for loans); # the qualifications and backgrounds of the management of the Company; and # the tax consequences of investment in the Shares. Grantee is capable of evaluating the merits and risks of this investment, has the ability to protect Grantee'Grantee’s own interests in this transaction and is financially capable of bearing a total loss of this investment.
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