Terms & Conditions

IMPORTANT NOTICES

PLEASE CAREFULLY READ THIS SECTION AND THE FOLLOWING SECTIONS ENTITLED “DISCLAIMER OF LIABILITY”, “NO REPRESENTATIONS AND WARRANTIES BY ROBERTO ESCOBAR LTD”, “REPRESENTATIONS AND WARRANTIES BY YOU”, “CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS”, “NO ADVICE”, “RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION”, “NO OFFER OF SECURITIES OR REGISTRATION” AND “RISKS AND UNCERTAINTIES”. 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).

The ESCOBAR Tokens (as defined in the White Paper) are not intended to constitute securities in any jurisdiction. This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.

This White Paper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by ROBERTO ESCOBAR LTD to purchase any ESCOBAR Token nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision.

The distributor of the ESCOBAR Tokens will be an affiliate of ROBERTO ESCOBAR LTD (“ROBERTO ESCOBAR LTD ”), and will deploy all proceeds of sale of the ESCOBAR Tokens to fund ROBERTO ESCOBAR LTD protocol, businesses and operations.

No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of the ESCOBAR tokens and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper.

Any agreement as between the distributor and you as a purchaser, and in relation to any sale and purchase, of ESCOBAR Tokens (as referred to in this White Paper) is to be governed by only a separate document setting out the terms and conditions (the “T&Cs”) of such agreement. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail.

You are not eligible to purchase any ESCOBAR Tokens in the ROBERTO ESCOBAR LTD SAFT pre-sale (as referred to in this White Paper) unless you qualify as an “accredited investor” under U.S. standards.

Accredited investors must purchase ESCOBAR Tokens through a SAFT contract until the network launch. Please contact us directly if you are an interested accredited investor.

No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with.

There are risks and uncertainties associated with ROBERTO ESCOBAR LTD and their respective businesses and operations, the ESCOBAR Tokens, and the Token Sale.

This White Paper, any part thereof or any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this White Paper is prohibited or restricted.

No part of this White Paper is to be reproduced, distributed or disseminated without including this section and the following sections entitled “Disclaimer of Liability”, “No Representations and Warranties by ROBERTO ESCOBAR LTD”, “Representations and Warranties by You”, “Cautionary Note On Forward-Looking Statements”, “No Advice”, “Restrictions On Distribution and Dissemination”, “No Offer of Securities Or Registration” and “Risks and Uncertainties”.

DISCLAIMER OF LIABILITY

To the maximum extent permitted by the applicable laws, regulations and rules, ROBERTO ESCOBAR LTD shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you.

To the maximum extent permitted by the applicable laws, regulations and rules, ESCOBAR INC shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you.

NO REPRESENTATIONS AND WARRANTIES BY ROBERTO ESCOBAR LTD

ROBERTO ESCOBAR LTD does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this White Paper.

NO REPRESENTATIONS AND WARRANTIES BY ESCOBAR INC

ESCOBAR INC does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this White Paper.

CORPORATE STRUCTURE

ESCOBAR INC in Puerto Rico, USA has signed a royalty licensing agreement with ROBERTO ESCOBAR LTD in London, United Kingdom to issue the ERC20 cryptocurrency token named “ESCOBAR (ESCOBAR)”.  ROBERTO ESCOBAR LTD has signed an agreement with TECNOLOGIAS GIGANTES, INC. in Belize City, Belize to guarantee a redemption of $1 USD after June 1, 2019. TECNOLOGIAS GIGANTES, INC was pledged assets by ESCOBAR INC in return for such guarantee.

REPRESENTATIONS AND WARRANTIES BY YOU

By accessing and/or accepting possession of any information in this White Paper or such part thereof (as the case may be), you represent and warrant to ROBERTO ESCOBAR LTD  as follows:

(a) you agree and acknowledge that the ESCOBAR Tokens do not constitute securities in any form in any jurisdiction;

(b) you agree and acknowledge that this White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper;

(c) you agree and acknowledge that no regulatory authority has examined or approved of the information set out in this White Paper, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of this White Paper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with;

(d) you agree and acknowledge that this White Paper, the undertaking and/or the completion of the Token Sale, or future trading of the ESCOBAR Tokens on any cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of ROBERTO ESCOBAR LTD, the ESCOBAR Tokens, and the Token Sale;

(e) the distribution or dissemination of this White Paper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to ROBERTO ESCOBAR LTD;

(f) you agree and acknowledge that in the case where you wish to purchase any ESCOBAR Tokens, the ESCOBAR Tokens are NOT to be construed, interpreted, classified or treated as:

(i) any kind of currency other than cryptocurrency;

(ii) debentures, stocks or shares issued by any person or entity (whether ROBERTO ESCOBAR LTD), rights, options or derivatives in respect of such debentures, stocks or shares;

(iii) units in a collective investment scheme;

(iv) units in a business trust;

(v) derivatives of units in a business trust; or

(vi) any other security or class of securities.

(g) you are fully aware of and understand that you are NOT eligible to participate in the pre-sale of ESCOBAR Tokens if you are NOT an “accredited investor” under United States standards;

(h) you have a basic degree of understanding of cryptocurrencies, blockchainbased software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology;

(i) you are fully aware and understand that in the case where you wish to purchase any ESCOBAR Tokens, there are risks associated with ROBERTO ESCOBAR LTD and their respective business and operations, the ESCOBAR Tokens, and the Token Sale;

(j) you agree and acknowledge that neither ROBERTO ESCOBAR LTD is liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you; and

(k) all of the above representations and warranties are true, complete, accurate and non- misleading from the time of your access to and/or acceptance of possession this White Paper or any part thereof (as the case may be).

CAUTIONARY NOTE ON FORWARD LOOKING STATEMENTS

This White Paper may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans that involve risks and uncertainties. We use words such as “expects”, “anticipates”, “believes”, “estimates”, the negative of these terms and similar expressions to identify forward looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the ROBERTO ESCOBAR LTD to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.

NO ADVICE

No information in this White Paper should be considered to be business, legal, financial or tax advice regarding ROBERTO ESCOBAR LTD, the ESCOBAR Tokens, and the Token Sale. You should consult your own legal, financial, tax or other professional adviser regarding ROBERTO ESCOBAR LTD  and their respective businesses and operations, the ESCOBAR Tokens, and the Token Sale. You should be aware that you may be required to bear the financial risk of any purchase of ESCOBAR Tokens for an indefinite period of time. All information provided here within and any and all details pertaining to such information is under the sole discretion of Roberto de Jesús Escobar Gaviria and have been provided to ROBERTO ESCOBAR LTD solely by Roberto de Jesús Escobar Gaviria through secure communication. Relying upon any information provided by one party may be deemed unreliable and anyone interested in purchasing any ESCOBAR Tokens shall consider prior to making such a decision, to research thoroughly the subject matter before making such a decision. Such decision is the sole liability of the purchaser. 

RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION

The distribution or dissemination of this White Paper or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of this White Paper or such part thereof (as the case may be) at your own expense and without liability to ROBERTO ESCOBAR LTD. Persons to whom a copy of this White Paper has been distributed or disseminated, provided access to or who otherwise have the White Paper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this White Paper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.

NO OFFER OF SECURITIES OR REGISTRATION

This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of this White Paper. Any agreement in relation to any sale and purchase of ESCOBAR Tokens is to be governed by only the T&Cs of such agreement and no other document. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail.

No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with.

RISKS AND UNCERTAINTIES

Prospective purchasers of ESCOBAR Tokens should carefully consider and evaluate all risks and uncertainties associated with ROBERTO ESCOBAR LTD and their respective businesses and operations, the ESCOBAR Tokens, and the Token Sale, all information set out in this White Paper and the T&Cs prior to any purchase of ESCOBAR Tokens. If any of such risks and uncertainties develops into actual events, the business, financial condition, results of operations and prospects of ROBERTO ESCOBAR LTD could be materially and adversely affected. In such cases, you may lose all or part of the value of the ESCOBAR Tokens.

REDEMPTION OF ESCOBAR TOKENS INTO FIAT CURRENCY

ROBERTO ESCOBAR LTD has signed an agreement with TECNOLOGIAS GIGANTES, INC in Belize City, Belize that has guaranteed a redemption amount of USD 1 per coin after June 1, 2019. TECNOLOGIAS GIGANTES, INC received several assets from ESCOBAR INC and in return gave this guarantee to ROBERTO ESCOBAR LTD.

JURISDICTION

Any dispute arising out of or in connection with any contract related to and or the purchase of any ESCOBAR Tokens or any dispute regarding any ESCOBAR Tokens shall be held in the courts of a location to be determined by ROBERTO ESCOBAR LTD at such time.

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