Disclaimer for Forward Looking Statements - ICOx Innovations


For Forward Looking Statements
(16 August 2018)

This blog post contains “forward-looking statements.”  Statements in this blog post that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such forward-looking statements include, among other things, the Company’s statements that: big brands like Facebook and Starbucks are going to take crypto to the next level; we will see more household names exploring and entering cryptocurrency, looking for new models of customer engagement leveraging their brand equity in powerful new ways; many crypto projects will soon need access to larger audiences for wide adoption; soon, user-generated photos taken in six major U.S. stadiums will be instantly loaded to the KodakOne blockchain, with the prospect of the photographers getting paid instantly (in KodakCoins) for usage. that sports fans will be able use KodakCoins to buy in- stadium soda, chips, hot dogs, beer and merchandise; crypto inside the social network could create, for instance, a highly efficient global peer-to-peer payments model similar to that proposed by the largest ICO ever, Telegram, or Asian competitor WeChat Pay; crypto could also be used as part of a new-style loyalty program, or even as the basis for an adjacent economy – for example, the subscription economy or authentic verified-news economy; clever brands who understand their power to connect communities will emerge winners; and many ICOs will struggle to achieve critical mass in customer adoption – and will, therefore, fail. The material assumptions supporting these forward-looking statements include, among others, that the Company’s future growth potential, results of operations, future prospects and opportunities; execution of the Company’s business strategy; there being no material variations in current regulatory environments; the Company’s operating expenses, including general and administrative expenses; the Company’s ability to obtain any necessary financing on acceptable terms; timing and amount of capital expenditures; retention of skilled personnel; continuation of current tax and regulatory regimes; and general economic and financial market conditions. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: inability to efficiently manage the Company’s operations; general economic and business conditions; the Company’s negative operating cash flow; the Company’s ability to obtain additional financing; increases in capital and operating costs; general cryptocurrency risks; technological changes and developments in the blockchain and cryptocurrencies; risks relating to regulatory changes or actions; and competition for blockchain platforms and technologies; any of which may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this blog post, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this blog post are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com.