Dear Reader,

I am not a registered investment dealer or financial adviser.

This Bulletin is published at any moment during a month that I decide to buy and/or sell securities. As such, there is no set time for publishing. Subscribers are aware that I will, by definition have purchased or sold securities at the same time or before or after I have written about them to the subscribers. Subscribers are aware that they will be competing with me in buying and selling the securities I mention in the Bulletin.

This Bulletin has been designed to serve as a research portal for subscribers, who must rely on themselves or their investment advisors in determining the suitability of any investment decisions they wish to make. Subscribers must conduct their own research and due diligence, and consult their own financial advisers prior to placing any trades. Subscribers must understand the additional risks of option and margin trades that I may conduct from time to time and must consult their own financial advisers prior to placing any option or margin trades. Subscribers are aware that they are solely responsible for any losses they may incur from buying and selling stocks mentioned in this Bulletin.

Prior to the recommendations, I may have discussed the stocks recommended in the letter, including but not limited to, private and public communications as well as internet groups and investment clubs. I may continue such communications in person and online after the recommendation without updating the letter.

I may buy or sell the stocks any time after the recommendation without updating the letter. I may buy and sell my positions at any time and use the funds to buy and sell other assets without any prior written or verbal notice. Companies are selected for purchase or sale in this Bulletin strictly on their merits as determined by me.

No fee is charged to companies for inclusion in the Bulletin. The currency used in this publication is the U.S. dollar unless otherwise noted. The material contained herein is solely for information purposes. The information contained herein is based on sources, which I believe to be reliable, but is not guaranteed to be accurate, and does not purport to be a complete statement or summary of the available information.

Any opinions or estimates constitute my best judgment as of the date of publication and are subject to change without notice. I am not responsible for errors or omissions.

This Bulletin includes statements that may constitute “forward-looking” statements, usually containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward looking statements are not historical facts. No statement or expression of any opinions contained in this publication constitutes an offer to buy or sell the securities mentioned herein.

Information and advice provided in this Bulletin is intended solely for subscribers. Under no circumstances may any part of this Bulletin be faxed, e-mailed, copied or distributed in any manner without the prior written permission of me.

Given the nature of this Bulletin, I will pursue any violations aggressively including and not limited to cancel the violator's subscription and bar violator from future subscriptions. Rates are subject to change without notice and I reserve the right to rescind any subscription for any reason without cause. I reserve the right to change the subscription policy at any time.