▸ We are dependent on developing competitively priced, superior-performance, and industry-certified DUREVERTM and NEXBOARDTM products.· · · · · ● 1 ▸ An active trading market for our common stock may not develop, and you may not be able to sell your common stock.· · · ● ● ● 3 ▸ The price of our common stock may be volatile and fluctuate substantially.· · · ● ● ● 3 ▸ We may be at risk of securities class action litigation.· · · ● ● ● 3 ▸ Financial reporting obligations of being a public company in the U.S. are expensive and time-consuming, and our management will be required to devote substantial time to compliance matters.· · ● ● ● ● 4 ▸ Future sales and issuances of our common stock could result in additional dilution of the percentage ownership of our stockholders and could cause our share price to fall.· · ● ● ● ● 4 ▸ If we are not able to protect and control our unpatented trade secrets, know-how and other technological innovation, we may suffer competitive harm.· · ● ● ● ● 4 ▸ If we infringe the rights of others, we could be prevented from selling products or forced to pay damages.· · ● ● ● ● 4 ▸ Market and economic conditions may negatively impact our business, financial condition and share price.· · ● ● ● ● 4 ▸ Not obtaining sufficient financing will jeopardize our operations and the ability to execute our business plan.· · ● ● ● ● 4 ▸ Our Amended and Restated Articles of Incorporation and our Amended and Restated Bylaws, and Nevada law may have anti-takeover effects that could discourage, delay or prevent a change in control, which may cause our stock price to decline.· · ● ● ● ● 4 rw ▸ Our Board of Directors is authorized to issue Preferred Stock without obtaining shareholder approval.· · ● ● ● ● 4 ▸ Our directors and executive officers can exert significant control over our business and affairs and have actual or potential interests that may depart from those of investors in the subsequent financings.· · ● ● ● ● 4 ▸ Our intellectual property may not be sufficient to protect our products from competition, which may negatively affect our business as well as limit our partnership or acquisition appeal.· · ● ● ● ● 4 ▸ Our recurring operating losses have raised substantial doubt regarding our ability to continue as a going concern.· · ● ● ● ● 4 rw ▸ group RISKS RELATED TO OUR DEPENDENCE ON THIRD PARTIES· · ● ● ● ● 4 ▸ group RISKS RELATED TO OUR INTELLECTUAL PROPERTY· · ● ● ● ● 4 ▸ group RISKS RELATED TO OWNING OUR COMMON STOCK· · ● ● ● ● 4 ▸ group RISKS RELATING TO OUR BUSINESS OPERATIONS· · ● ● ● ● 4 rw ▸ group RISKS RELATING TO OUR FINANCIAL POSITION AND CAPITAL NEEDS· · ● ● ● ● 4 ▸ We anticipateoperating lossesto continue into theforeseeable future andsubstantial additional capital may be required that may not be available on acceptable terms.· · ● ● ● ● 4 ▸ We cannot be certain we will be able to obtain patent protection to protect our product candidates and technology.· · ● ● ● ● 4 ▸ We may be subject to claims that our consultants or independent contractors have wrongfully used or disclosed alleged trade secrets of their other clients or former employers to us.· · ● ● ● ● 4 ▸ We may be subject to claims that our employees, consultants or independent contractors have wrongfully used or disclosed alleged trade secrets.· · ● ● ● ● 4 ▸ We may fail to retain or recruit necessary personnel, and we may be unable to secure the services of consultants.· · ● ● ● ● 4 ▸ We may incur substantial costs as a result of litigation or other proceedings relating to patent and other intellectual property rights, as well as costs associated with lawsuits.· · ● ● ● ● 4 ▸ We may infringe the intellectual property rights of others, which may prevent or delay our product development efforts and stop us from commercializing or increase the costs of commercializing our product candidates.· · ● ● ● ● 4 ▸ We may issue more shares in a future financing or pursuant to existing agreements which will result in substantial dilution.· · ● ● ● ● 4 ▸ We rely on patents and patent applications and various regulatory exclusivities to protect some of our product candidates, and our ability to compete may be limited or eliminated if we are not able to protect our products.· · ● ● ● ● 4 ▸ We will need to meet or otherwise resolve the obligations required by the Auctus Fund LLC Senior Secured Note and the Amendment to the Note.· · ● ● ● ● 4 rw ▸ Changes in the economy could have a detrimental impact on the Company.· ● ● ● ● ● 5 ▸ If we are unable to effectively manage our growth, our ability to implement our business strategy and our operating results will likely be materially adversely affected.· ● ● ● ● ● 5 ▸ Litigation may adversely affect our business, financial condition, and results of operations.· ● ● ● ● ● 5 ▸ Our business, results of operations and financial condition may be adversely impacted by pandemics or other significant public health conditions.· ● ● ● ● ● 5 rw ▸ Our insurance coverage may be inadequate to cover all significant risk exposures.· ● ● ● ● ● 5 ▸ There will be a substantial number of common shares eligible for future sale from the conversion of Series A Preferred shares.· ● ● ● ● ● 5 ▸ The Company’s counsel believes that the Auctus obligation will be resolved in either the pending SEC or appellate cases, although there is no certainty of an outcome favorable to the Company.· · · · ● · 1 ▸ We are dependent on developing effective eco-friendly flame retardants for use in the production of our DUREVERTM and NEXBOARDTM products.· · · ● ● · 2 rw ▸ Our successis dependent uponourkeeping pace with the advances in technology.· · ● · · · 1 ▸ The market priceof our Common Stock may be volatile.· · ● · · · 1 ▸ We aredependent on key personnel.· · ● · · · 1 ▸ We do not intend to pay cash dividends on our shares of common stock so any returns will be limited to the value of our shares.· · ● ● ● · 3 ▸ We will require additional capital to satisfy our commitments in the Ebenberg, LLC joint venture.· · ● · · · 1 ▸ Many of the regulations involving Advanced Air Mobility (AAM), including VTOL (Vertical Takeoff and Landing) aircraft and Unmanned Aerial Vehicles (UAV) are still being established and may affect our investment in XTI Aircraft Company.· ● ● ● ● · 4 rw ▸ The Company has broad discretion in the use of capital.· ● ● · · · 2 ▸ We will need to raise additional capital that may not be available on acceptable terms.· ● · · · · 1 ▸ group Brian Carey, Chief Financial Officer● · · · · · 1 ▸ group Edward C. DeFeudis, Director● · · · · · 1 ▸ group Keith Duffy, Chairman of the Board and CEO● · · · · · 1 ▸ Many of the regulations involving the planned applications of UAV and VTOL aircraft are still being established.● · · · · · 1 ▸ Our stock may be subject to certain risks associated with low-priced stocks.● ● ● · · · 3 ▸ Our stock price is likely to be volatile.● ● · · · · 2 ▸ group Pablo Lavigna, Chief Technology Officer● · · · · · 1 ▸ group Scott Duffy, Executive Director, Corporate Operations● · · · · · 1 ▸ The Company anticipates significant operating losses into the future and additional capital may be required.● ● · · · · 2 ▸ The Company has broad discretion in the use of the offering proceeds.● · · · · · 1 ▸ There are demanding regulatory requirements involved in producing, testing and certifying a new aircraft.● ● · · · · 2 rw ▸ There is no assurance that there will be a liquid public market for our stock.● ● · · · · 2 ▸ There will be a substantial number of shares eligible for future sale because of the reverse merger with American Aviation Technologies, LLC.● · · · · · 1 ▸ Misappropriation of our intellectual property and proprietary rights could impair our competitive position.● ● · ● ● ● 5 rw ▸ Our success is dependent upon our keeping pace with the advances in technology.● ● · ● ● ● 5 rw ▸ We are dependent on key personnel.● ● · ● ● ● 5 rw ▸ Operations could be adversely affected by interruptions from suppliers of components that are beyond our control.● ● ● ● ● ● 6 rw ▸ Some technologies are still being developed and specific market applications have not been finalized.● ● ● ● ● ● 6 rw ▸ The development timeline for the development of certain technologies could expand.● ● ● ● ● ● 6 rw ▸ There is no assurance that we or our affiliates will be able to accomplish the design and engineering needed to demonstrate that the technologies that are undertaken will perform or operate as planned.● ● ● ● ● ● 6 rw ▸ We are in our development stage and have a limited operating history.● ● ● ● ● ● 6 rw ▸ We could face liability or disruption from security breaches.● ● ● ● ● ● 6 rw ▸ We do not intend to pay cash dividends on our common stock in the foreseeable future.● ● ● ● ● ● 6 ▸ We will face significant industry competition.● ● ● ● ● ● 6 rw 
