Appendix i STATEMENT OF RISK FACTORS An investment in the Units (and the Constituent Securities) is speculative and involves a high degree of risk. The Subscriber must carefully consider such risks, including, without limitation, the risks de

t Shares upon the exercise of any Warrants. The undersigned further represents to you that: (a) the undersigned understands that none of the Units, the Constituent Securities and the Underlying Shares have been registered under the Act or applicable state securities laws and that the Units, the Constituent Securities and