Risk Disclosure

Investing in human capital portfolios through BlackForce's Skill Capitalization Platform involves a degree of risk. Before making any investment, you should carefully consider your financial situation, risk tolerance, and investment objectives.

The value of investments can go down as well as up. Past performance, including historical employment rates and salary data from previous BlackForce cohorts, does not guarantee future results. You may not receive back the full amount of your investment.

Skill-backed investments are an emerging asset class without extensive historical performance data. There are limited benchmarks or comparisons available for this type of financial instrument. You should treat this as a higher-risk investment category.

Returns from BlackForce skill investments are tied directly to the employment outcomes and earnings of individual learners. The following factors may affect returns:

Labour market conditions may change, reducing demand for specific skills or lowering available salary levels. Economic downturns, industry disruptions, or shifts in technology adoption may affect employment rates and earnings.

Individual learner performance may vary from projected career trajectories. Not all learners will achieve certification, complete their programmes, secure employment at projected salary levels, or maintain employment for the full duration of their earnings share agreement.

Learners may relocate to jurisdictions where earnings are lower than projected, change career paths away from their trained specialisation, or experience periods of unemployment, illness, or other circumstances that pause or reduce earnings share payments.

BlackForce is a growing organisation and the Skill Capitalization Platform is under active development. The platform's technology infrastructure, AI valuation models, and operational processes may evolve, change, or experience disruptions.

AI skill valuation models are based on available market data, historical outcomes, and projected demand. These models have inherent limitations and may not accurately predict future skill values or employment outcomes. Model accuracy may vary across different skill tracks, geographic regions, and market conditions.

The employer marketplace and career placement pipeline, while integral to the model, cannot guarantee employment for all funded learners. Employer participation, hiring decisions, and workforce planning are outside BlackForce's direct control.

BlackForce's operational continuity, financial health, and ability to maintain its training programmes, mentorship networks, and employer relationships are factors that may affect investment outcomes.

The regulatory framework governing earnings share agreements, skill-backed investments, and human capital financial instruments is evolving. Changes in legislation, regulation, or government policy in any relevant jurisdiction may affect the legality, enforceability, taxation, or commercial viability of these instruments.

Earnings share agreements are contractual arrangements. While BlackForce structures these agreements with legal counsel and learner protections, enforcement may be subject to the legal frameworks and court systems of the relevant jurisdictions. Cross-border enforcement may present additional challenges.

Tax treatment of earnings share payments, investment returns, and related transactions may vary by jurisdiction and may change over time. Investors and learners are responsible for understanding and complying with their own tax obligations. BlackForce does not provide tax advice.

Data protection regulations (including GDPR and equivalent legislation) govern the collection, processing, and sharing of learner data, including employment and earnings information. Compliance requirements may affect the availability or timeliness of reporting data.

BlackForce incorporates learner protection mechanisms into all earnings share agreements. These protections are designed to ensure fairness and sustainability but may limit maximum investor returns:

Income thresholds: Learners are not required to make earnings share payments when their income falls below a defined minimum threshold. This protects learners during periods of low income or unemployment.

Payment caps: Total earnings share payments are capped at a defined maximum amount, regardless of the learner's actual earnings. Once the cap is reached, the agreement concludes.

Duration limits: All earnings share agreements have a defined maximum duration. If the cap amount has not been reached by the end of the agreed period, the agreement concludes and no further payments are required.

Hardship provisions: Additional protections may apply in cases of demonstrated financial hardship, illness, disability, or other qualifying circumstances, which may pause, reduce, or modify payment obligations.

Investments in skill-backed portfolios are not liquid. There is currently no established secondary market for trading or transferring earnings share agreements or skill portfolio positions.

Investment capital is committed for the duration of the learner's training period plus the earnings share period. Early withdrawal or liquidation of positions may not be possible or may result in reduced returns.

BlackForce may develop secondary market mechanisms in the future, but there is no guarantee that such mechanisms will be established, or that they will provide adequate liquidity at favourable terms.

Investing in a single learner or a narrow skill track concentrates risk. If that individual underperforms or that skill loses market demand, the impact on returns is amplified.

Diversified portfolios across multiple learners, skill tracks, and programme tiers reduce but do not eliminate risk. Systemic factors such as broad economic downturns may affect all portfolio positions simultaneously.

BlackForce recommends that skill-backed investments form only a portion of an investor's total portfolio, consistent with their overall risk tolerance and diversification strategy. This should not be your only investment.

BlackForce operates as both the training provider and the platform connecting investors with learners. This dual role creates potential conflicts of interest that are managed through governance frameworks, transparent reporting, and independent oversight mechanisms.

BlackForce has a financial interest in the success of its learners and programmes, which aligns with investor interests. However, BlackForce also has an interest in maintaining its training pipeline, reputation, and learner satisfaction, which may occasionally create tension with maximising short-term investor returns.

BlackForce's learner protection mechanisms (income thresholds, payment caps, duration limits, hardship provisions) prioritise learner welfare and may limit investor returns. These protections are non-negotiable and are considered essential to the ethical integrity of the model.

BlackForce does not guarantee any specific rate of return on investments. Projected returns, salary ranges, employment rates, and other forward-looking statements are estimates based on available data and are not promises or guarantees.

All investment decisions should be made based on your own independent assessment, due diligence, and professional advice. BlackForce encourages all prospective investors to consult with qualified financial, legal, and tax advisors before making any investment.