By using this website, you are indicating that you have the legal authority to accept the Terms and Conditions and you have agreed to be bound by them. The Terms and Conditions may change from time to time, but any modifications will appear on this web page. It is your responsibility to check the Terms and Conditions for any changes when you visit the website. If you do not agree to the Terms and Condition, please do not use this website.

IMPORTANT INFORMATION

This communication has been approved as a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 (“FSMA”) by Hypa Management LLP (the “Firm”) which is authorised and regulated by the FCA.  Nothing in this communication constitutes investment, tax, legal or other advice from the Firm.  This communication relates to a potential investment opportunity in an early stage, unquoted company.  The information contained within this communication may not be used for any purpose other than considering whether you should enter into discussion with any business described.

Reliance on this promotion may expose you to a significant risk of losing all of the property or assets invested.  You are strongly recommended to seek independent professional advice from an appropriately authorised and specialised adviser as to whether such an investment is suitable for you.

An investment such as this is suitable only for financially sophisticated investors who are capable of evaluating the merits and risks of such investment, who do not require liquidity for their investment and who have sufficient resources to bear any loss (including a total loss) which might result from such investment.  Past performance is not a guide to future performance and may not be repeated.   The value of shares can go down as well as up and no guarantee is given regarding a return of your capital, or of the investment performance of any investee company.

Your attention is drawn to the fact that such investments are of a long term and illiquid nature and will not be quoted on any recognised or designated investment exchange and, accordingly, there will not be an established or ready market such investments.  It may also be difficult to obtain reliable information about the value or other risks to which such investments are exposed. Any such investment will not be easily realisable and realisation of such investments within a particular period may have a negative effect on any tax reliefs available on investment.  Dividend income is unlikely to be paid during the life of the investment.  The availability of tax reliefs may depend on the company maintaining its qualifying status and the tax regime is liable to change from year to year.

You are strongly recommended to seek further specific tax advice on your personal circumstances before investing.

The Firm has taken all reasonable care to ensure that the facts stated in this communication are true and accurate in all material respects and that there are no other material facts whose omission would make any statement of fact or opinion in this communication misleading.  All statements of opinion or belief contained in this communication and all views expressed and statements made regarding future events represent the Firm’s own assessment and interpretation of information available to it as at the date of this communication.  No representation is made or assurance given that such statements or views are correct and prospective investors must determine for themselves what reliance (if any) they should place on such statements, views or forecasts.

This document does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorised or to anyone to whom it is unlawful to make such a solicitation. Prospective investors should inform themselves of, and observe, all applicable laws and regulations including any taxation or exchange control legislation in the countries of their citizenship, residence, domicile or such other status as may be relevant.  This communication does not constitute a public offer of shares under Section 85 of FSMA.

This document may not be distributed without the agreement of the Firm and may only be distributed in compliance with FSMA and the rules of the FCA.

Reliance on this promotion may expose you to a significant risk of losing all of the property or assets invested.  You are strongly recommended to seek independent professional advice from an appropriately authorised and specialised adviser as to whether this investment is suitable for you.

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Any content downloaded from or provided through this website may be used for your personal use only, provided you keep intact all copyright and proprietary notices of The Ideas Factory (UK) Ltd and its licensors. You agree not to reproduce, retransmit, distribute, disseminate, sell, publish broadcast or circulate content received from this website over any network, including a local area network. You may not post any content from this website to newsgroups, mail lists or electronic bulletin boards without the prior written consent of The Ideas Factory (UK) Ltd and / or its licensors.

TRADEMARKS

The The Ideas Factory (UK) Ltd services referenced on this web site or in any electronic (e-book) or hardcopy book are either trademarks or registered trademarks of The Ideas Factory (UK) Ltd in the UK and/or other countries. Other product and company names mentioned may be the trademarks or registered trademarks of their respective owners.

CONTENT

As with all investment advice you are advised to take proper financial and legal advice at all stages. Investment values can decrease as well as increase! As authors of this website, we have endeavoured to deliver information and advice of the highest quality; however you are advised not to rely on this site as your sole source of advice. The basic principles in this site are founded on substantial experience and backed up by statistical evidence. However, please take care – not every investment behaves as the ‘average’ – there are always lots of risky options around and we encourage you to take full and good advice on any investments or purchases that you intend to make. Equally, the nature of markets is that they are unpredictable. Therefore by using this website you agree to the following. To the fullest extent permitted at law, is The Ideas Factory (UK) Ltd providing this site, it’s subsidiaries elements and its contents on an “as is” basis and makes no (and expressly disclaims all) representations or warranties of any kind with respect to this site or its contents including, without limitation, advice and recommendations, warranties of merchantability and fitness for a particular purpose. In addition, The Ideas Factory (UK) Ltd does not represent or warrant that the information accessible via this web site is accurate, complete or current. To the fullest extent permitted at law, neither The Ideas Factory (UK) Ltd nor any of its affiliates, partners, directors, employees or other representatives will be liable for damages arising out of or in connection with the use of this web site. This is a comprehensive limitation of liability that applies to all damages of any kind, including (without limitation) compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property and claims of third parties. For the avoidance of doubt, The Ideas Factory (UK) Ltd does not limit its liability for death or personal injury to the extent only that it arises as a result of the negligence of The Ideas Factory (UK) Ltd, or its directors, employees or other representatives. This web site is published under the laws of England and any disputes would fall under the jurisdiction of the English courts. Published by: The Ideas Factory (UK) Ltd, 2 Orange Row, Brighton, BN1 1UQ, UK (Email: info@theideasfactory.com) © Copyright 2010 The Ideas Factory (UK) Ltd. All rights reserved. This website and related documents are provided for informational purposes only. The information should not be interpreted to be a commitment on the part of The Ideas Factory (UK) Ltd. TThe Ideas Factory (UK) Ltd cannot guarantee the accuracy of any information presented in this web site. The user assumes the entire risk as to the accuracy and the use of this document.

DISCLAIMER

THE MATERIAL ON THIS WEBSITE IS PROVIDED ‘AS IS’ WITHOUT ANY CONDITIONS, WARRANTIES OR OTHER TERMS OF ANY KIND. ACCORDINGLY, TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE PROVIDE YOU WITH THIS WEBSITE ON THE BASIS THAT WE EXCLUDE ALL REPRESENTATIONS, WARRANTIES, CONDITIONS AND OTHER TERMS (INCLUDING, WITHOUT LIMITATION, THE CONDITIONS IMPLIED BY LAW OF SATISFACTORY QUALITY, FITNESS FOR PURPOSE AND THE USE OF REASONABLE CARE AND SKILL) WHICH BUT FOR THESE CONDITIONS MIGHT HAVE EFFECT IN RELATION TO THIS WEBSITE. WE WILL NOT BE LIABLE TO ANYONE WITH RESPECT TO ANY DAMAGES, LOSS OR CLAIM WHATSOEVER, NO MATTER HOW OCCASIONED, IN CONNECTION WITH ACCESS TO OR USE OF THE MATERIAL. IN NO EVENT SHALL WE, OR OUR MANAGEMENT OR STAFF, BE LIABLE FOR ANY SPECIAL, INDIRECT, EXEMPLARY OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES WHATSOEVER, INCLUDING BUT NOT LIMITED TO LOSS OF USE, DATA OR PROFITS, WITHOUT REGARD TO THE FORM OF ANY ACTION INCLUDING BUT NOT LIMITED TO CONTRACT OR NEGLIGENCE OR OTHER TORTIOUS ACTIONS, ARISING OUT OF OR IN CONNECTION WITH THE USE, COPYING OR DISPLAY OF THE MATERIAL. UNLESS EXPRESSLY STATED OTHERWISE, ANY INFORMATION, PICTURES, PHOTOGRAPHS OR OTHER MATERIAL RELATING TO ANY INVESTMENT OR ANY BUSINESS OR OTHER OPPORTUNITY WHICH IS ON THE WEBSITE HAS BEEN PROVIDED BY THE THIRD PARTY OFFERING THAT INVESTMENT OR OPPORTUNITY. WE THEREFORE TAKE NO RESPONSIBILITY FOR THE SAME OR FOR ANY INACCURACIES THEREIN, WHICH ARE ALL THE RESPONSIBIITY OF THE RELEVANT THIRD PARTY. WE DO NOT MAKE ANY RECOMMENDATION OF ANY KIND IN RELATION TO ANY MATERIAL INFORMATION OR OPPORTUNITY REFERRED TO OR SET OUT ON THIS WEBSITE BY VIRTUE OF THE FACT THAT IT IS DISPLAYED ON THE WEBSITE INCLUDING, BUT WITHOUT LIMITATION, ANY RECOMMENDATION AS TO THE SUITABILITY, PROFITABILITY, EFFICACY OR ACTUAL OR POTENTIAL RETURN OF ANY INVESTMENT OR OPPORTUNITY. NOTHING ON THE WEBSITE CONSTITUES AN OFFER CAPABLE OF ACCEPTANCE. ALL INVESTMENTS OR OPPORTUNITIES ARE SUBJECT TO CONTRACT AND TERMS AND CONDITIONS MUST BE AGREED WITH THE THIRD PARTY PROVIDER. WE SHALL NOT BE A PARTY TO ANY ARRANGEMENT, CONTRACT OR UNDERSTANDING BETWEEN YOU AND A THIRD PARTY. WE HAVE NO INVOLVEMENT BEYOND BEING AN INTRODUCER TO ENABLE PARTIES TO ENTER INTO THEIR OWN NEGOTIATIONS, IN WHICH WE WILL PLAY NO PART. WE EXPRESSLY DISCLAIM ANY AND ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW IN RELATION TO ANY FAILURE, PROBLEM, COST, EXPENSE, CLAIM OR LIABILITY RELATED TO ANY DISCUSSION, NEGOTIATION, CONTRACT, ARRANGEMENT OR UNDERSTANDING YOU MAY ENTER OR SEEK TO ENTER INTO OR REFRAIN FROM ENTERING INTO WITH ANY THIRD PARTY AT ANY TIME. AT ALL TIMES YOU MUST MAKE YOUR OWN DECISION CONCERNING ANY INVESTMENT, BUSINESS OR OTHER OPPORTUNITY REFERRED TO ON THIS WEBSITE AND THIS MUST BE BASED SOLELY ON YOUR OWN DETAILED DUE DILIGENCE REVIEW AND YOUR OWN APPRAISAL OF THE POTENTIAL BENEFITS AND RISKS INVOLVED, WITHOUT ANY RELIANCE ON THIS WEBSITE OR ITS CONTENTS. BY USING THIS WEBSITE AND ACCESSING IT YOU IRREVOCABLY ACCEPT AND AGREE THAT YOU WILL NOT RELY IN ANY WAY ON ITS CONTENTS AND THAT YOU WILL MAKE YOUR OWN INFORMED JUDGMENT AND TAKE YOUR OWN INDEPENDENT PROFESSIONAL AND LEGAL ADVICE SEPARATELY AND WITHOUT REFERENCE TO OR RELIANCE UPON THIS WEBSITE OR ITS CONTENTS WHEN EVALUATING AND ACTING OR REFRAINING FROM ACTING UPON ANY INVESTMENT, BUSINESS OR OTHER OPPORTUNITY OF ANY KIND WHATSOEVER. NOTWITHSTANDING THE FOREGOING, NOTHING SET OUT HEREIN SHALL LIMIT OUR LIABILITY FOR ANY FRAUDULENT MISREPRESENTATION KNOWINGLY MADE BY US.

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In addition, this website is copyright protected and may not be copied or re-issued without the prior consent of The Ideas Factory (UK) Ltd. The material and content provided on this website (the “Site”) is for your personal, non-commercial use only, save where expressly provided, and you agree not for yourself or through or by way of assistance from any third party to distribute copy extract or commercially exploit such material or content. You further agree not to reproduce, distribute, perform, display, modify, adapt, translate or prepare derivative works from the Site. Except as otherwise indicated, all materials on this Site are protected by copyrights, database rights, trademarks and/or other intellectual property rights owned, or used with permission of their owners, by us or our affiliates or associates. This Site as a whole is protected by copyright and other intellectual property rights. All rights are reserved. You may print off one copy, and may download extracts, of any page(s) from the Site for your personal reference and you may draw the attention of others within your organisation to material posted on the Site, provided that you keep all copyright and other proprietary notices intact and you agree not to modify, copy, reproduce, republish, upload, frame, post, transmit or distribute by any means or in any manner, any material or information on or downloaded from the Site including without our prior written consent. No right, title or interest in any material or software is transferred to you as a result of any such downloading or copying The Ideas Factory (UK) Ltd & The Ideas Factory DO NOT ENDORSE THE PRODUCTS AND/OR SERVICES OF ANY ADVERTISER ON THIS WEBSITE.