Buyers/Sellers Disclosures
1. Golden Triangle receives no fee for maintaining the lists;
2. All negotiations and transaction must be done by direct contact between the prospective buyer and seller, without any involvement of Golden Triangle;
3. Golden Triangle and its officers and employees will have no involvement in any transaction between potential buyers and sellers, except that Golden Triangle will (i) confirm that the buyer is a member or person eligible to be a member of Golden Triangle, (ii) require that the sale proceeds are used to pay any indebtedness owed by the seller to Golden Triangle, (iii) approve or disapprove of the transaction pursuant to the authority granted to it in the Articles of Incorporation and Bylaws, and (iv) carry out the ministerial act of transferring the interests on its books and records and issuing new certificates or other evidence of ownership;
4. Golden Triangle is not a broker-dealer, investment advisor, information processor or clearing agency;
5. Golden Triangle makes no representations concerning the value or advisability of buying or selling the membership interests;
6. Except for purchase pursuant to the exercise of a right of first refusal, Golden Triangle will not use the list to buy or sell membership interests for its own account;
7. Each transaction must be conducted by the buyer and seller in accordance with applicable federal and state securities laws, including anti-fraud provisions and registration or exemption requirements; and
8. The list merely sets forth the person who are interested in buying or selling specified numbers of shares of membership interest and there is no assurance that any transaction will occur as to any particular number of units or at any particular price.
