Risk & Disclaimers

Please read this part titled “Risks and Disclaimers” very carefully and in its entirety. If you are in any doubt as to the action you should take, you should consult your legal, financial, tax or other professional advisor(s). By accessing the information set forth in this document or any part hereof, you represent and warrant to PNP Logistics Network Pte. Ltd. (“LogisticsX”) that you unconditionally and irrevocably accept and agree with the following:

No viewing in a Restricted Territory

It may not be lawful in certain jurisdictions for individuals, or certain categories of individuals in other jurisdictions, to view this document. An individual who wishes to view this document must first satisfy himself or herself that he or she is not subject to any local requirements that prohibits or restricts him or her from doing so. In particular, unless otherwise determined by LogisticsX and permitted by the applicable law and regulations, it is not intended that any offering of the tokens mentioned in this document (the “Tokens”) by LogisticsX should be made, or any documentation be sent, directly or indirectly, in or into, countries where participating in Initial Coin Offerings are banned due to legal restrictions, and countries sanctioned by the US or countries considered as high risk and monitored by the Financial Action Task Force (“FATF”) (each, a “Restricted Territory”) and nor should it be accessed by any individual who is a national citizen or resident of a Restricted Territory, including corporations, partnerships, or other entities created or organised in any such jurisdiction, unless they are exempted from the prohibition against participating in Initial Coin Offerings. LogisticsX shall not be responsible for individuals who access this document from territories whose laws prohibit such access or where any part of the document may be illegal. Such individuals do so at their own risk.

No Offer

This document is for information purposes only and does not constitute or form, and not intended to be, an offer or solicitation of an offer to buy or sell, subscribe for, underwrite or purchase any form of investment or securities or other financial instruments, nor shall it or any part of it form the basis of, or be relied upon, in any way in connection with any contract or investment decision relating to the same. No regulatory authority has examined or approved of any of the information set out in this Whitepaper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction.

Information

All information is provided without any warranties of any kind and LogisticsX, its employees, officers and/or advisors make no representations and disclaim all express and implied warranties and conditions of any kind and each of LogisticsX, its employees, officers and/or professional advisors assume no responsibility or liability to you or any third party for the consequence of reliance on such information, errors or omissions in such information or any action resulting there from.

The information contained on this document may contain statements that are deemed to be “forward-looking statements”, which are prospective in nature and are not statements of historic facts. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms. However, these terms are not exhaustive. Forward-looking statements inherently contain risks and uncertainties as they relate to events or circumstances in the future. Therefore, the information, opinions and forward-looking statements, including estimates and projections, in this document in respect of the anticipated roadmaps, development and projected terms and performance of the relevant entities, are selective and subject to updating, expansion, revision, independent verification and amendment.

LogisticsX is not making any representation or warranty or undertaking, including those in relation to the truth, accuracy and completeness of any of the information set out in this paper. LogisticsX also expressly disclaims any obligation or undertaking to update or revise any forward-looking statements except to the extent required by law and neither LogisticsX, its employees, officers or professional advisors make any assurance, representation or guarantee that any event referred to in a forward-looking statement will actually occur. Whilst LogisticsX intends to fulfil all the goals set out in this document, in case of unforeseen circumstances, the goals may change or may not be achieved without any notice to you.

No Advice

None of the contents of this document constitutes legal, financial, tax or other advice. You must conduct your own due diligence and ensure you comply with all local laws regarding cryptocurrency, tax, securities and other regulations in your jurisdiction. We encourage you to consult with the relevant professional advisors independently.

Regulatory risks

The regulatory status of cryptographic tokens, including any digital currency, digital assets and blockchain applications is unclear or unsettled in many jurisdictions. The publication and dissemination of this document do not imply that any relevant laws, regulations and rules have been complied with. No regulatory authority has examined or approved this document. Where any relevant governmental authority makes changes to existing laws, regulations and/or rules, or where financial institutions make certain commercial decisions, it may have a material adverse effect and/or impair the ability of any relevant entity referred to in the document to function as intended, or at all.

No Agreement

This document shall not be relied on to enter into any contract or to form basis of any investment decision. Any agreement(s) between LogisticsX and you are to be governed by a separate document (“Sale Document”). In the event of any inconsistency between this document and the Sale Document, the terms contained in the respective Sale Document shall prevail.

Advertisement and Distribution

The publication, distribution or dissemination of this Whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with. This document is for general information purpose only and is not an advertisement, nor is it intended to be used to call for an offer on behalf of LogisticsX. Persons to whom a copy of this Whitepaper has been distributed or disseminated, provided access to or who otherwise have the Whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur. Distribution of this document may be restricted or prohibited by law or regulatory authority in your jurisdiction. This Whitepaper, any part thereof and any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this Whitepaper is prohibited or restricted. Recipients should inform themselves of and comply with all such restrictions or prohibitions and LogisticsX does not accept any liability to any person in relation thereto. No part of this Whitepaper is to be reproduced, distributed or disseminated without including this part titled “RISKS AND DISCLAIMERS”.

Other Disclaimers

There are risks involved in the technologies relating to the blockchain technology referred to herein, the PNP Tokens, and the Initial Coin Offering, such as unforeseen bugs, security issues or disruptions. By way of the above and other factors not within our control, the entire sum used to purchase the PNP Tokens may be lost.

Despite our best efforts, PNP may not be able to execute or implement its goals, business strategies and plans.

There may be changes in political, social, economic and stock or cryptocurrency market conditions and/or there may be no or little acceptance/adoption of the relevant Blockchain system and/or PNP Tokens, such that the relevant Blockchain system and/or the PNP Tokens become no longer commercially viable.

If any provision or part of any provision in this “RISKS AND DISCLAIMERS” part is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part of any provision under this “RISKS AND DISCLAIMERS” part shall not affect the validity and enforceability of the rest of this “RISKS AND DISCLAIMERS” part.

To the fullest extent possible, LogisticsX shall not be liable for any responsibility, liability, claims, demands and/or damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to any acceptance or reliance on the information set forth in this document by you.

Where references have been made to third-party websites or sources of information, we may not have sought further verification as to the accuracy, completeness, or timeliness of the information referred to therein, and no warranties whatsoever are made as to the same.

The disclaimers set out above are not exhaustive.