Jersey

Offers and sales of stock tokens are subject to restrictions in other jurisdictions including without limitation Canada, the United Kingdom and Switzerland.

Robinhood Assets Limited is a private limited company incorporated in Jersey with its res-registered address in blah, blah, blah, Jersey.

The issuer is registered under the r-registration number...

Stock tokens have not and will not be registered under US Securities Act of 1933 as amended from time to time, the Securities Act, or with any securities regulatory authority o-of any state or other jurisdiction in the US.

US security laws are in place to protect investors for good reason.

We spend millions and millions of dollars every year to comply with the US securities law in good conscience.

How can Robinhood as a US company set up an operation in far offshore Jersey, an island 3,000 miles away and market a security sort of posing as AMC in shape or fashion and not comply with US securities law? That is shocking and shameful.

Our past issuance of equity is-- to strengthen our balance sheet was vital to our success.