We are offering Shares in the amount of up to $5,700,000 in this offering. All proceeds from this offering must first be used to repay the Share Acquisition Loan, including interest, and then, after that obligation is met in full, to satisfy our obligations to loan CRL $3,200,000 under the Commitment for Future Advances. The other 11 Teams that are conducting Regulation A offerings have the same arrangements with CRL. CRL intends to use these amounts, from us and the other Teams, to continue to develop, market, launch and operate The Crown League and to temporarily provide back office support and pay operating expenses for us (and the other Teams). We and the other Teams may raise significantly less than the target amount. Even if the maximum amount is raised by us and the other 11 Teams, we and The Crown League may need additional funds in the future in order to grow and operate our businesses, and if we, the other Teams and/or The Crown League cannot raise those funds for whatever reason, including reasons outside our control, such as another significant downturn in the economy, we may not survive. In addition, although CRL intends to provide services to us, it is under no legal obligation to do so even if we have paid them the amounts owed pursuant to the CRL Agreements (although to the extent we have loaned them part or all of the $3,200,000 we have promised to lend, CRL will have an obligation to repay those amounts to us, either in cash or in services).