All persons who register as an 'investor' on this Website should read carefully 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 PrivateCrowd 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 INSURANCE COVERAGE
We remind you that the insurance coverage provided in the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania is not applicable to crowdfunding. If you have any questions about risks or preventive measures, please contact our specialists by email PrivateCrowd@BanqueBoBo.com.
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 PrivateCrowd will pay you back your investment. You individually choose the level of risk of the investment project you invest, so PrivateCrowd, as a technical intermediate, does not take any responsibility for any losses you may have suffered.
Most of the companies in which PrivateCrowd invest 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 PrivateCrowd is not responsible for checking the accuracy of these facts and statements, which may not always prove to be true or complete.
The information provided on the platform is of an informative nature only. PrivateCrowd shall not be held liable for the correctness of the information provided by the project owner. The project description, information related to the project estimate and expected income are of an indicative nature only and are subject to change in various market conditions. Each crowdfunding transaction can have its distinctive risks. Therefore, we propose that the investors should consider not only the description of the mentioned risks but also other circumstances that may have an impact on the crowdfunding investments.
PrivateCrowd crowdfunding platform is only a technical tool that helps the parties to conclude crowdfunding transactions and, therefore, it cannot be held liable to investors for any lost crowdfunding investments and/or expected return not received.
As an investor you should be aware that no established market exists for the trading of the shares in private companies, and such shares 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
We highly recommend investors to maintain a balanced portfolio. Diversification by spreading your money across different types of investments should reduce your overall risk. Investors should only invest a proportion of their available investment funds in shares being offered on this Website due to the high risks involved.
PrivateCrowd recommend that you take your own tax advice on any investments which you make via this Website.
PrivateCrowd does 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. Before you start investing, you need to properly assess your investment experience, knowledge, financial situation and investment-related risks. For this purpose, you will find the Investor Questionnaire, which we recommend to fill in and evaluate your knowledge when you join the platform. If you think you do not understand the potential risks associated with a crowdfunding transaction, please consider contacting specialists.
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.