Important Disclosures & Other Information

Certain Risk Factors: In the United States, digital assets are not regarded as either “money” or “currency”. According to the IRS, digital assets are not legal tender and are neither guaranteed nor digitally issued by a government’s central bank. The dangers associated with such currencies, include their extreme volatility, the absence of regulatory protection, and the risk of being given misleading or incomplete information.

Each product is a private, unregistered digital asset vehicle and is not subject to the same regulatory requirements as exchange-traded funds or mutual funds, including the requirement to provide certain periodic and standardized pricing and valuation information to members. There are substantial risks in purchasing our products or digital assets directly, including but not limited to:

1. Price Volatility

1. Digital assets have historically experienced significant intraday and long-term price swings. In addition, none of the products currently operates a redemption program and may halt creations from time to time or, in the case of  Every Pathway, periodically.
2. There can be no assurance that the value of the common units of fractional undivided beneficial interest of any product will approximate the value of the digital assets held by such product and such Shares may trade at a substantial premium over or discount to the value of the digital assets held by such product.
3. At this time, none of the products is operating a redemption program and therefore shares are not redeemable by any product. Subject to receipt of regulatory approval from government bodies and approval by Every Pathway, in its sole discretion, any product may in the future operate a redemption program. Because none of the products believes that the government bodies would, at this time, entertain an application for the waiver of rules needed to operate an ongoing redemption program, none of the products currently has any intention of seeking regulatory approval from the , government bodies (such as SEC/CFTC) to operate an ongoing redemption program.

 

2. Market Adoption

It is possible that digital assets generally or any digital asset, in particular, will never be broadly adopted by either the retail or commercial marketplace, in which case, one or more digital assets may lose most, if not all, of their value.

 

3. Government Regulation

The regulatory framework of digital assets remains unclear and the application of existing regulations and/or future restrictions by government bodies (such as SEC/CFTC) may have a significant impact on the value of digital assets.

 

4. Security

While each product has implemented security measures for the safe storage of its digital assets, there have been significant incidents of digital asset theft and digital assets remain a potential target for hackers. Digital assets that are lost or stolen cannot be replaced, as transactions are irrevocable.

 

5. Tax Treatment Of Digital Assets

1. For US income tax purposes,  Every Pathway does not provide Tax advisors nor pay taxes on behalf of the beneficial owners.  Every Pathway products are available to individuals and companies. The profits and losses of a company entering into transactions involving digital assets would be reflected in accounts and taxable under normal CT rules.
2. As digital assets are not a functional currency as defined, accounts, for tax purposes, cannot be prepared in digital assets: US Dollars or functional currency accounts must be prepared.
3. In accordance with the Taxation of digital asset transactions, please view documentation.  
4. If a profit or loss on a currency contract is not within trading profits, it would normally be taxable as a chargeable gain or allowable as a loss for CT or CGT purposes. Gains and losses incurred on the digital assets are chargeable or allowable for CGT if they accrue to an individual. Prospective members should discuss the tax consequences of a digital asset with their tax advisors.

6. No Shareholder Control

Every Pathway has total authority over the products and shareholders’ rights are extremely limited.

7. Lack Of Liquidity And Transfer Restrictions

Digital assets in the ‘product’ will be illiquid and there will be significant restrictions on transferring interests in such a product.

8. Authorisation of Stock. 

The Notice of Restrictions on Duties and Transfers.  

1. The rights of members in Every Pathway may differ materially from the rights of members in other limited liability companies. We may define, reduce or eliminate fiduciary duties and may restrict the transfer of ownership interests, withdrawal or resignation from the stock, return of capital contributions, and dissolution of the limited liability company.
2. In addition, none of the products currently operates a redemption program. Due to the 48-month holding period and the lack of an ongoing redemption program, products should not be purchased by any member who is not willing and able to bear the risk of digital assets and lack of liquidity for at least two (2)year.
3. No assurances are given that after the 48-month holding period, there will be any market for the resale of shares of any product, or if there is such a market, the price at which such shares may be sold into such a market.
4. All opinions expressed do not reflect the opinions of Every Pathway. This is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to sell or buy, and should not be relied upon as a basis for digital asset decisions.

How can you contact us?

For all queries, you can contact us through email, by emailing support@everypathway.com. 

If you are enquiring about a specific order please include your reference ID in your email.