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hoffmann6383

08/03/22 1:29 PM

#500782 RE: HyGro #500776

B.S. Insinuations.

This is the CYA language found in all 10q of all companies. The CYA language is of course specific to the company. No matter how small of a chance of occurring the companies generally try to include any potential risk to the company in these sections. To take this language and try to portray it as fact is utter B.S. It was B.S. the first time repeated. It will still be B.S. the 15th time this point is repeated.

Have a good one Gro.
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MasterBlastr

08/03/22 5:22 PM

#500853 RE: HyGro #500776

You're looking right at it. Pure boilerplate, but it has to be there. But you knew that already, not hard to conclude.
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biosectinvestor

08/03/22 5:30 PM

#500856 RE: HyGro #500776

This is called a risk factor. You failed to highlight what section it comes from in the report. A risk factor, and I have been a part of drafting them, starts with a baseline text that tries to cover all well known and legal bases. Then the attorneys and business team keep reviewing and refining to add any possible thing that could possibly ever go wrong. And I explained to you why they do this. This section provides legal protection. If anything they mentioned possibly comes true, even if seeming remote at the time, they will have given fair warning, and you, as a recipient and reader will have assumed the risks knowingly, which reduces or eliminates any liability.

So yes, it is a kind of refined boilerplate to cover any and all possible or potential risks, no matter how remote, to reduce potential for investor and securities liability.

That you do not apparently understand this is not justification for making the argument over and over again even though it clearly has been explained to you.