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July 08, 2018, 05:39:07 PM |
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IMPORTANT NOTICES / DISCLAIMER PLEASE CAREFULLY READ THIS SECTION AND THE FOLLOWING SECTIONS ENTITLED “DISCLAIMER OF LIABILITY”, “NO REPRESENTATIONS AND WARRANTIES BY ESCOBAR INC”, “REPRESENTATIONS AND WARRANTIES BY YOU”, “CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS”, “NO ADVICE”, “RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION”, “NO OFFER OF SECURITIES OR REGISTRATION” AND “RISKS AND UNCERTAINTIES”. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S). The dietbitcoin (DDX) (as defined in the White Paper) are not intended to constitute securities in any jurisdiction. This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. This White Paper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by Escobar Inc to purchase any dietbitcoin (DDX) nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision. The distributor of the dietbitcoin (DDX)s will be an affiliate of Escobar Inc (“Escobar Inc”), and will deploy all proceeds of sale of the dietbitcoin (DDX)s to fund Escobar Inc protocol, businesses and operations. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of the dietbitcoin (DDX)s and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper. Any agreement as between the distributor and you as a purchaser, and in relation to any sale and purchase, of dietbitcoin (DDX)s (as referred to in this White Paper) is to be governed by only a separate document setting out the terms and conditions (the “T&Cs”) of such agreement. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail. You are not eligible to purchase any dietbitcoin (DDX)s in the Escobar Inc SAFT pre-sale (as referred to in this White Paper) unless you qualify as an “accredited investor” under U.S. standards. Accredited investors must purchase dietbitcoin (DDX)s through a SAFT contract until the network launch. Please contact us directly if you are an interested accredited investor. No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with. There are risks and uncertainties associated with Escobar Inc and their respective businesses and operations, the dietbitcoin (DDX)s, and the Coin Sale. This White Paper, any part thereof or any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this White Paper is prohibited or restricted. No part of this White Paper is to be reproduced, distributed or disseminated without including this section and the following sections entitled “Disclaimer of Liability”, “No Representations and Warranties by Escobar Inc”, “Representations and Warranties by You”, “Cautionary Note On Forward-Looking Statements”, “No Advice”, “Restrictions On Distribution and Dissemination”, “No Offer of Securities Or Registration” and “Risks and Uncertainties”. DISCLAIMER OF LIABILITY To the maximum extent permitted by the applicable laws, regulations and rules, Escobar Inc shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you. NO REPRESENTATIONS AND WARRANTIES BY ESCOBAR INC Escobar Inc does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this White Paper. REPRESENTATIONS AND WARRANTIES BY YOU By accessing and/or accepting possession of any information in this White Paper or such part thereof (as the case may be), you represent and warrant to Escobar Inc as follows: (a) you agree and acknowledge that the dietbitcoin (DDX)s do not constitute securities in any form in any jurisdiction; (a.2) you agree and acknowledge that the dietbitcoin (DDX)s are issued and controlled solely by Tecnologias Gigantes, Inc in Belize. Tecnologias Gigantes, Inc is sole responsible for any incurred liability from any cause, and has signed an exclusive agreement with Escobar Inc for licensing, terms of which are currently confidential. (b) you agree and acknowledge that this White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper; (c) you agree and acknowledge that no regulatory authority has examined or approved of the information set out in this White Paper, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of this White Paper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with; (d) you agree and acknowledge that this White Paper, the undertaking and/or the completion of the Coin Sale, or future trading of the dietbitcoin (DDX)s on any cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of Escobar Inc, the dietbitcoin (DDX)s, and the Coin Sale; (e) the distribution or dissemination of this White Paper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to Escobar Inc; (f) you agree and acknowledge that in the case where you wish to purchase any dietbitcoin (DDX)s, the dietbitcoin (DDX)s are NOT to be construed, interpreted, classified or treated as: (i) any kind of currency other than cryptocurrency; (ii) debentures, stocks or shares issued by any person or entity (whether Escobar Inc), rights, options or derivatives in respect of such debentures, stocks or shares; (iii) units in a collective investment scheme; (iv) units in a business trust; (v) derivatives of units in a business trust; or (vi) any other security or class of securities. (g) you are fully aware of and understand that you are NOT eligible to participate in the pre-sale of dietbitcoin (DDX)s if you are NOT an “accredited investor” under United States standards; (h) you have a basic degree of understanding of cryptocurrencies, blockchainbased software systems, cryptocurrency wallets or other related coin storage mechanisms, blockchain technology and smart contract technology; (i) you are fully aware and understand that in the case where you wish to purchase any dietbitcoin (DDX)s, there are risks associated with Escobar Inc and their respective business and operations, the dietbitcoin (DDX)s, and the Coin Sale; (j) you agree and acknowledge that neither Escobar Inc is liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you; and (k) all of the above representations and warranties are true, complete, accurate and non- misleading from the time of your access to and/or acceptance of possession this White Paper or any part thereof (as the case may be). CAUTIONARY NOTE ON FORWARD LOOKING STATEMENTS This White Paper may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans that involve risks and uncertainties. We use words such as “expects”, “anticipates”, “believes”, “estimates”, the negative of these terms and similar expressions to identify forward looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Escobar Inc to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason. NO ADVICE No information in this White Paper should be considered to be business, legal, financial or tax advice regarding Escobar Inc, the dietbitcoin (DDX)s, and the Coin Sale. You should consult your own legal, financial, tax or other professional adviser regarding Escobar Inc and their respective businesses and operations, the dietbitcoin (DDX)s, and the Coin Sale. You should be aware that you may be required to bear the financial risk of any purchase of dietbitcoin (DDX)s for an indefinite period of time. All information provided here within and any and all details pertaining to such information is under the sole discretion of Roberto de Jesús Escobar Gaviria and have been provided to Escobar Inc solely by Roberto de Jesús Escobar Gaviria through secure communication. Relying upon any information provided by one party may be deemed unreliable and anyone interested in purchasing any dietbitcoin (DDX)s shall consider prior to making such a decision, to research thoroughly the subject matter before making such a decision. Such decision is the sole liability of the purchaser. RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION The distribution or dissemination of this White Paper or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of this White Paper or such part thereof (as the case may be) at your own expense and without liability to Escobar Inc. Persons to whom a copy of this White Paper has been distributed or disseminated, provided access to or who otherwise have the White Paper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this White Paper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur. NO OFFER OF SECURITIES OR REGISTRATION This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper. Any agreement in relation to any sale and purchase of dietbitcoin (DDX)s is to be governed by only the T&Cs of such agreement and no other document. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail. No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with. RISKS AND UNCERTAINTIES Prospective purchasers of dietbitcoin (DDX)s should carefully consider and evaluate all risks and uncertainties associated with Escobar Inc and their respective businesses and operations, the dietbitcoin (DDX)s, and the Coin Sale, all information set out in this White Paper and the T&Cs prior to any purchase of dietbitcoin (DDX)s. If any of such risks and uncertainties develops into actual events, the business, financial condition, results of operations and prospects of Escobar Inc could be materially and adversely affected. In such cases, you may lose all or part of the value of the dietbitcoin (DDX)s. JURISDICTION Any dispute arising out of or in connection with any contract related to and or the purchase of any dietbitcoin (DDX)s or any dispute regarding any dietbitcoin (DDX)s shall be held in the courts of a location to be determined by Escobar Inc at such time.
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