Legal Disclaimer

The owners and employees of Welford Management & Consulting LLC are not lawyers or broker-dealers. Any company seeking to design or sell a blockchain-based investment should engage a qualified securities lawyer for advice on legal issues, regulation, marketing, advertising, and sales. The content of this Web site reflects the opinions of the authors and does not represent any legal or investment advice of any kind.

Any entity seeking to issue a security token, launch a security token offering or an initial coin offering should retain legal advice for the most up to date legal developments. Nor shall this content constitute an offer to sell or the solicitation of an offer to buy any securities. Welford Management will not be an issuer of security token(s) and accepts no responsibility for the sale of tokens in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Certain statements and information on this Web site may constitute ‘forward-looking statements. Forward-looking statements are based on current expectations and on the authors’ research to date and opinions. Such forward looking statements contain projections of the results of operations or of financial condition or forecasts of future events that may NOT come to pass. We believe that these forward-looking statements are reasonable as and when made. They can be affected by assumptions used, or by known or unknown risks or uncertainties, many of which are beyond our control. Consequently, no forward-looking statements can be guaranteed. When considering these forward-looking statements, please keep in mind the risk factors and other cautionary statements in any token sale agreement relating to the tokens described within this feasibility study.

Readers should always remember that blockchain is a relatively new innovation and the other technologies that support the development and distribution of tokens including wallets, issuance platforms, exchanges and smart contracts are also new. The risks introduced by the embryonic nature of blockchain should be taken into account when assessing any related venture.

This document does not constitute nor imply a prospectus of any sort. Readers who intend to purchase tokens are strongly advised to perform due diligence in their respective jurisdictions. To the fullest extent permissible by law, Welford Management and its affiliates shall have no liability for damages of any kind arising from the use, reference to, or reliance on this study or any of the content contained herein, even if advised of the possibility of such damages. Investing in new technology may involve risk and we recommend that you seek out independent financial and other advice before purchasing tokens.