The distribution of this Whitepaper (or the other Offering Documents) and the offer of the Orbyt Tokens in certain jurisdictions may be restricted by Applicable Laws in such jurisdictions. Persons who may come into possession of Whitepaper (or the other Offering Documents) should inform themselves about, and observe and comply with, any such restrictions and Applicable Laws at their own expense and without liability to the Hundred X Group. This Whitepaper does not constitute, and neither the Issuer nor any other entity in the Hundred X Group is making, an offer of, or solicitation or invitation to purchase, the Orbyt Tokens in any jurisdiction or under any circumstances in which, or to any person to whom, it is unlawful to make such an offer, solicitation or invitation. No Orbyt Tokens may be offered or sold, directly or indirectly, and neither this Whitepaper nor any advertisement, offering, publicity or other material may be distributed or published in any jurisdiction, except under circumstances that will result in compliance with the laws and regulations of Singapore and any other Applicable Laws.
Prospective investors should inform themselves regarding the legal requirements and tax consequences within the countries of their citizenship, residence, domicile and place of business of acquiring, holding or disposing the Orbyt Tokens. Prospective investors are also required to inform themselves about and to observe all Applicable Laws.
This Whitepaper may be supplemented by one or more supplemental documents. None of the entities in the Hundred X Group and their respective directors, officers, employees, shareholders, advisers and agents make any representation or warranty to any prospective investor regarding the legality or merits of an investment in the Orbyt Tokens by such prospective investor or about the income and other tax consequences to them of such investment.
This Whitepaper is qualified in its entirety by reference to the Offering Documents. Further, this Whitepaper is provided for information purposes only and is not intended to be and must not be taken alone as the basis for an investment decision.
A purchase of the Orbyt Tokens involves significant risks due to, amongst others, the nature of the Offers, the Orbyt Tokens, BitOrb and the Hundred X Group. Prospective investors should pay particular attention to the information in the Section “Risk Factors”. Only eligible investors who are able to understand, and who have the financial ability and willingness to accept, the risks inherent in a purchase of the Orbyt Tokens may consider purchasing the Orbyt Tokens. Investors must be prepared to bear such risks for an extended period of time. No assurance is given that the objectives described in this Whitepaper will be achieved or that any of the Token Holders will receive a return of their capital. In making a purchase decision, prospective investors must rely on their own examination of the terms of the Offer, including the merits and risks involved.
Prospective investors should not construe the contents of this Whitepaper as any form of advice (whether legal, tax, investment, accounting or technical advice, or otherwise). Each prospective investor should consider carefully whether the purchase of Orbyt Tokens is suitable for itself and make such investigations as it deems necessary to arrive at an independent evaluation of such purchase (including, without limitation, consulting its own legal counsel and professional advisers to determine the consequences of such purchase). This Whitepaper does not purport to be exhaustive in any respect.
This Whitepaper contains a summary of the proposed principal terms of the Offers, but that summary does not purport to be exhaustive and should be reviewed together with the Offering Documents for further information concerning the rights, privileges, and obligations of the Token Holders.
The Offering Documents, which contain important information relating to the Offers, are being made available to prospective investors. Prior to purchasing any Orbyt Tokens, prospective investors should review the Offering Documents and determine for themselves the relevance of the information contained in the Offering Documents. The Orbyt Tokens are offered subject to prior sale and the right of the Issuer to reject any subscription in whole or in part.
This Whitepaper may be amended, supplemented or otherwise modified at any time as determined by the Hundred X Group in its sole and absolute discretion for any reason including, for example, for the purpose of clarifying any inaccuracy or ambiguity or reconciling any inconsistency in the provisions of this Whitepaper and for the purpose of complying with any Applicable Laws.
Except to the extent required by Applicable Laws, none of the entities in the Hundred X Group and their respective directors, officers, employees, shareholders, advisers and agents makes any representation, express or implied, or accepts any responsibility, with respect to the accuracy or completeness of any of the information in this Whitepaper or for any statement made or purported to be made by them. Accordingly, each of the entities in the Hundred X Group and their respective directors, officers, employees, shareholders, advisers and agents disclaims all and any liability whether arising in tort or contract or otherwise which it might otherwise have in respect of this Whitepaper or any such statement.
This Whitepaper has been prepared in English. Any translation of this Whitepaper into any language other than English shall be for reference only. In the event of any conflict or inconsistency between a translation and the English version of this Whitepaper, the English version shall take precedence over the translated version.
ADDITIONAL INFORMATION AND FORWARD-LOOKING STATEMENTS
Some of the information in this Whitepaper (including certain forward-looking statements and information) have been obtained from published sources and/or prepared by independent third parties. While such information is believed to be reliable for the purpose for which it is used in this Whitepaper, none of the Issuer, any entity in the Hundred X Group and their respective directors, officers, employees, shareholders, advisers and agents assume any responsibility for the accuracy of such information.
All statements contained in this Whitepaper that are not statements of historical facts constitute forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “anticipate”, “estimate”, “intend”, “continue” or “believe”, their respective negatives and other comparable terminology. However, these words are not the exclusive means of identifying forward-looking statements. All statements regarding business strategy and plans, estimates of returns or performance, and objectives for future operations, are forward-looking statements. Due to various risks and uncertainties, including those set out in the Section “Risk Factors”, actual events or results or the actual performance of the Orbyt Tokens or BitOrb may differ materially from those reflected or contemplated in these forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Hundred X Group’s present and future business strategies and the environment in which the Hundred X Group will operate in the future. As these statements reflect the current views of the Hundred X Group concerning future events, these statements necessarily involve risks, uncertainties and assumptions. Additionally, other events which were not taken into account may occur and may significantly affect the analysis.
Given the risks and uncertainties that may cause actual future results, performance or achievements to be materially different from that expected, expressed or implied by the forward-looking statements in this Whitepaper, undue reliance must not be placed on these statements. None of the entities in the Hundred X Group and their respective directors, officers, employees, shareholders, advisers and agents represents or warrants that the actual future results, performance or achievements of the Hundred X Group will be as discussed in those statements.
The Hundred X Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in the expectations of the Hundred X Group with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Prior to making a subscription for the Orbyt Tokens, prospective investors will have the opportunity to ask questions of, and, if possible, to receive answers from, the Issuer and its representatives concerning the terms and conditions of an Offer and relevant matters and, if possible, to obtain information necessary to verify the accuracy of the information contained in this Whitepaper.