All persons who register as an
'investor' on this Website should carefully read the following warnings before
making any investment.
All
investment products carry risks. The relevant webpages and documents will cover
risks specific to an individual offer. Please bear in mind the following
general risks involved when investing through this Website:
YOUR
PERSONAL DECISION TO INVEST
A
decision to invest in a company is a personal decision by you and no responsibility
for the consequences of that decision is accepted by Maydan Capital Ltd trading as
WahedX ("WahedX") or by any of its
partners, directors, agents, employees, or other members. To invest through this
Website you need to understand the following important risks:
YOU
ARE NOT COVERED BY THE FINANCIAL SERVICES COMPENSATION SCHEME
When
your capital is invested it is not covered by the Financial Services
Compensation Scheme. Before it is
invested or once the proceeds of investments are returned, your money will be
held by the money recipient in a client account and subject to separate
protections applicable to credit institutions and banks.
LOSS
OF INVESTMENT
Investments,
whether in new or existing businesses, carry high risks as well as the
possibility of high rewards. Accordingly, each investor should consider very
carefully whether such investments are suitable in the light of their own
personal circumstances, commitments and available financial resources. Engaging
in any investment activity may expose you to a significant risk of losing all of your investment. If
a company
fails, it is likely that you may lose all, or part, of your initial investment
and receive no outstanding or future interest payments. In such circumstances
neither the company nor WahedX will pay you back your investment.
Most
of the companies which are listed are new companies with limited if
any track record. These companies will provide information such as their
business plan and financial forecasts. Please be warned that these documents
are not guarantees that the relevant company can achieve what it is hoping to
do. Equally the information provided may state certain facts and statements,
and again please be warned that WahedX are not responsible for checking the
accuracy of these facts and statements, which may not always prove to be true
or complete.
LIQUIDITY
As
an investor you should be aware that no established market exists for the
trading of bonds or equity in private companies, and as such are not easily
realisable. It must be appreciated that there could be difficulty in selling
such investments at a reasonable price and, in some circumstances, it may be
difficult to sell them at any price.
DIVERSIFY
YOUR PORTFOLIO
Diversification
by spreading your money across different types of investments should reduce
your overall risk of financial loss. We highly recommend investors do this to
maintain a balanced portfolio. Investors should also consider avoiding putting
their money in the same investment as immediate family members. Investors
should only invest a proportion of their available investment funds due to the
high risks involved.
TAX
WahedX recommend that you seek independent tax advice on any investments which you make
via this Website. It is your responsibility to make sure that you have paid any and all taxes due in relation to
any investment that you make through WahedX.
RECOMMENDATION
WahedX do not provide advice or make personal recommendations. If you are in any doubt
about the action you should take or the contents of a particular Offer
Document, you should seek advice from an independent financial advisor
authorised under the Financial Services and Markets Act 2000.
PAST
PERFORMANCE
Past performance is not a reliable indicator of future
performance. You should not rely on any past performance as a guarantee of
future investment performance.
RISKS RELATED TO INVESTMENTS IN FOREIGN ISSUERS
If securities are offered by an Issuer in a foreign jurisdiction, or the security is structured through a
foreign special-purpose-vehicle, or you purchase securities that are issued by foreign Issuers, your
investment and continued holding of securities may be subject to the laws and regulations of that
jurisdiction. The investment or you yourself may be subject to additional tax liabilities, transaction costs
or capital controls under the foreign laws. Any claims or action may need to be raised before foreign courts
or authorities. You should be aware that overseas markets may be subject to rules which may offer different
or diminished investor protection as compared to the United Kingdom or any other jurisdiction in which you
reside or are domiciled.
Before making an investment in securities offered by a foreign Issuer, you should be fully aware of the
types of redress available to you in the United Kingdom or other home nation and the jurisdiction of the
foreign Issuer, as any claims or action may need to be raised before foreign courts or authorities and even
if any judgments are obtained, there may be difficulties in attempting to enforce these in the United
Kingdom or the other state in which you reside.
You should remain mindful that in some countries, legal concepts which are practiced in mature legal
systems may not be in place or may have yet to be tested in courts. This would make it more difficult to
predict with a degree of certainty the outcome of judicial proceedings or even the quantum of damages which
may be awarded following a successful claim.