Consider the following statements regarding Cyclones.
1. A cyclone is a low-pressure system that forms over warm waters.
2. It is a system of high-speed winds blowing clockwise in the Northern Hemisphere and counter-clockwise in the Southern Hemisphere.
3. Tropical cyclones in the formative stages of their development are very calm and does not cause any threat to life and property.
Which of the above statements is/are correct?