• Have your attorney explain in writing potential personal liabilities of company’s officers and directors if company violates any federal or state securities laws in raising capital. Potential penalties can be very serious, ranging from civil fines to jail time;

• Make sure that your written investment prospectus contains all required state and federal disclosure language in appropriate places;

• Your attorney should review business plan and financial statements for possible untrue and/or misleading statements; and

• Obtain a written opinion from your attorney whether your particular investment opportunity is required to be registered with appropriate regulatory agencies.

Glossary of Terms:

Biometric Passport - contains a computer chip containing holder's photograph and personal information on current passport, including name and date of birth, and a set of measurable personal features such as an iris image scan or fingerprints as identification markers.

Machine Readable Passport - contains two lines of printed OCR-B machine-readable data. The size of passport, arrangement of data fields and photograph meet standard of International Civil Aviation Organization.

US-VISIT Program - requires that most foreign visitors traveling to U.S. on a visa have their two index fingers scanned, and a digital photograph taken to verify their identity at port of entry. Visas are required for most students, some business travelers and millions of other visitors, regardless of where they live. A departure confirmation program using automated kiosks is being tested at Baltimore-Washington International Airport and at select Miami Seaport cruise line terminals. Travelers leaving from either of these ports are required to confirm their departure at kiosk by checking out, which involves scanning their passport or visa, and repeating scanning of two index fingers. Currently officials are evaluating automated kiosk tests and considering alternatives for departure confirmation throughout 2004.