Disclaimer
This document contains forward looking statements, including Future Oriented Financial Information (FOFI) that relate to our current expectations and views of future events. Certain information contained herein and certain oral statements made are forward-looking and relate to DMG™’s business strategy, any estimate of potential earnings, the completion of any transaction including hosting contracts with potential customers, acquisition of additional facilities, product development including blockchain platforms, forensics and data analytics and bitcoin exchange and wallet, timing of product development, events, courses of action, regulatory approvals and other matters. Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future including words or phrases such as “anticipate,” “objective,” “may,” “will,” “might,” “should,” “could,” “can,” “intend, “expect,” “believe,” “estimate,” “predict,” “potential,” “plan,” “is designed to”, “project”, “continue” or similar expressions suggest future outcomes or the negative thereof or similar variations. Forward-looking statements may include, among other things, statements about: our expectations regarding our expenses, sales and operations; our future customer concentration; our anticipated cash needs and our estimates regarding our capital requirements and our need for additional financing; our ability to anticipate the future needs of our customers; our plans for future products and enhancements of existing products; our future growth strategy and growth rate; our future intellectual property; and our anticipated trends and challenges in the markets in which we operate.
The FOFI has been prepared by our management to provide an outlook of our activities and results and may not be appropriate for other purposes. Our management believes that the FOFI has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. An investor should read this document with the understanding that our actual future results may be materially different from what we expect.
Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which DMG will operate in the future, including the demand for our products, anticipated costs and ability to achieve goals, the Company’s ability to complete any contemplated transactions, historical prices of cryptocurrencies and the ability of the Company to successfully mine cryptocurrencies (bitcoin) consistent with historical prices, and that there will be no regulation or law that will prevent the Company from operating its business. Although DMG believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.
The securities of DMG are considered highly speculative due to the nature of DMG’s business.
Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to, business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; our relationships with our customers, distributors and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers’ needs; our ability to attract, retain and motivate qualified personnel; competition in our industry; our ability to maintain technological leadership; the impact of technology changes on our products and industry; our failure to develop new and innovative products; our ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect our business; our ability to manage working capital; and our dependence on key personnel. DMG is an early stage company with a short operating history; and it may not actually achieve its plans, projections, or expectations.
Important factors that could cause actual results to differ materially from DMG’s expectations include, consumer sentiment towards DMG’s products and blockchain technology generally, litigation, global economic climate, equipment failures, increase in operating costs, decrease in the price of bitcoin, security threats including a loss/theft of DMG’s bitcoins, government regulations, loss of key employees and consultants, additional funding requirements, changes in laws, technology failures, competition, and failure of counter-parties to perform their contractual obligations.
Except as required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this presentation. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this presentation by you or any of your representatives or for omissions from the information in this presentation.
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