Explanatory Statement Non-Prejudice Statement {COM 4542}

COM 4542 - EXPLANATORY STATEMENT/NON-PREJUDICE STATEMENT. This form is used by a corporation or issuer to notify investors about the retroactive qualification of securities under Ohio law. It specifically addresses instances where securities were sold in violation of the Ohio Securities Act (as per Section 1707.39 of the Ohio Revised Code). The form provides the investor with details about the violation and their potential right to void the purchase and receive a refund under Section 1707.43 of the Ohio Revised Code. The investor is then required to indicate their decision regarding the return of their investment, either choosing to waive their rights or seek a refund. This form is part of a process of rectifying the violation and is submitted to the Ohio Division of Securities. The form helps ensure that investors are informed of their rights and allows them to make an informed decision regarding their investment. www.FormsWorkflow.com