WARNING: BUYER BEWARE: This type of investment is risky.
Please be aware that a start-up common equity investment is probably the riskiest type of investment that an individual can make. Within Canada, the securities sold are almost completely illiquid, meaning that they can only be sold to certain specific parties under specific circumstances…there is no real secondary market for them. Any such investment must be made under the assumption that the greatest probability is that the investment will be completely lost and the investor will have no recourse to anyone…it is his/her decision alone and the investor must realize that he/she bears total responsibility for it.
- Risk acknowledgment
Risk of loss – This is a risky investment and you may lose all the money you pay for an investment.
No income – There could be a chance you may not earn any income, such as dividends or interest, on an investment.
Liquidity risk – You may never be able to sell an investment.
Lack of information – Although we (as CanaDragon), do provide the company with your contact information, you may not be contacted by the company itself, or provided with any ongoing information about the issuer and/or this investment.
- No approval and no advice
No approval – Although we are regulated by the FCAA on an on-going basis, there could be a chance an investment is not reviewed or approved in by a securities regulator.
No advice – You cannot receive any advice from CanaDragon about any investment.
- Limited legal rights
Limited legal rights – You will not have the same rights as if you purchased under a prospectus or through a stock exchange.
If you want to know more, you may need to seek professional legal advice.
You will be required to sign an acknowledgement of all the above warnings prior to purchasing any equity security on this portal as stipulated under the Start-up Crowdfunding Exemptions of the participating jurisdictions as generally described in Multilateral CSA Notice 45-316 Start-up Crowdfunding Registration and Prospectus Exemptions, issued on May 14, 2015.