APPENDIX 9

Sample Risk-Factors Section of a Crowdfunded Offering Statement

[Offering of LLC Membership Interests byLimited Liability Company Formed To Develop and Marketa Mobile Smartphone Application Or “App”]

RISK FACTORS

Investing in the Company’s Units is very risky. You should be able to bear a complete loss of your investment due to the general unprofitability of the mobile software application industry. You should carefully consider the following factors, including those listed in the accompanying business plan.

A. Development Stage Business

___________________, LLC commenced operations in [date of LLC’s formation] and is organized as a Limited Liability Company under the laws of the State of Connecticut. Accordingly, the Company has only ...

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