LEGAL ASPECTS AND DISCLAIMER
Please read the following notice carefully before proceeding to read Business Plan document issued by XELS. This notice applies to all persons who read this document. Please note this notice may be altered or updated.
The Business Plan does not constitute any relations between you (hereinafter – “you” or “Holder”) and the Distributor. Acquisition of the XELS tokens issued by the Distributor is available only after accepting the Token Sale Agreement (hereinafter – “TSA”)
Acquisition of XELS cryptographic tokens does not present an exchange of cryptocurrencies for any form of ordinary shares of the Distributor and a Holder of XELS cryptographic token is not entitled to any guaranteed form of the dividend, Holders of XELS tokens are only entitled to certain rights within the TSA.
XELS tokens are not intended to constitute securities in any jurisdiction. The Business Plandoes not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investments in securities in any jurisdiction.The Business Plan is for information purposes only. The contents of the Business Plan are not a financial promotion. Therefore, none of the contents of the Business Plan serves as an invitation or inducement to engage in any sort of investment activity.
Prospective acquirers of XELS tokens should carefully consider and evaluate all risks and uncertainties associated with the cryptocurrencies, XELS and their respective businesses and operations, the XELS tokens and the XELS Token Generation Event. Familiarize yourself with all the information set out in the Business Plan and the TSA prior to any purchase of XELS tokens.
Ensure that you are aware of all of them would be risks prior to obtaining XELS. The Risk Statement details all potential risks that you should consider. We recommend that you seek out independent financial advice before engaging in any sort of business endeavor.
No regulatory authority has examined or approved any of the information set out in the Business Plan. 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 the Business Plan does not imply that the applicable laws, regulatory requirements, or rules have complied.
To the maximum extent permitted by the applicable laws, regulations and rules, XELS and its affiliates and their respective officers, employees, advisors or agents will, in relation to the website and XELS tokens, not be liable for any damages of any kind, including, but not limited to, direct, consequential, incidental, special or indirect damages (including but not limited to lost profits, loss of revenue or third party loss whether foreseeable or otherwise, trading losses or damages that result from use or loss of use of the website and XELS Tokens).
For the avoidance of doubt, The Distributor expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this document, (ii) any error, omission or inaccuracy in any such information, (iii) any action resulting therefrom, or (iv) usage or acquisition of products, available through the website. You acknowledge and agree that you are not purchasing XELS tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes. Some of the statements in the Business Plan include forward-looking statements that reflect the Distributor's current views with respect to execution roadmap, financial performance, business strategy and future plans, both with respect to the Distributor and the sectors and industries in which the Distributor operates.
Statements which include the words “expects”, “plans”, “believes”, “projects”, “anticipates”, “will”, “aims”, “may”, “would”, “could”, “continue” and similar statements are of a future or forward-looking nature. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause the Distributor’s actual results to differ materially from those indicated in these statements.
Any forward-looking statements in the Business Planreflect the Distributor’s current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the Distributor’s operations, results of operations and growth strategy. These forward-looking statements speak only as of the date of the Business Plan. Prospective buyers of the XELS tokens should specifically consider the factors identified in the Business Plan and TSA that could cause actual results to differ before making a purchase decision. No statement in the Business Plan is intended as a profit forecast and no statement in the Business Plan should be interpreted to mean that the earnings of the Distributor for the current or future years would be as may be implied in Business Plan.