Speculative Issues

Net Growth Media Speculative Issues Full Disclaimer

DISCLAIMER

The following disclosures relate to relationships between Net Growth Media Speculative Issues (Net Growth Media SI), a division of Net Growth Media (NGM), that accepts financial compensation from covered issues.

INVESTMENT BANKING AND FEES FOR SERVICE

Net Growth Media SI does not provide investment banking services, nor has it received compensation for investment banking services from the issuers of the securities covered in this report or article.

This issuer, or otherwise authorized sub-contractor, have entered into an agreement with Net Growth Media to provide continuous independent research in consideration of financial compensation.

POLICY DISCLOSURES

Net Growth Media and Net Growth Media SI do not make a market in any security followed by Net Growth Media nor do they act as dealers in these securities. Each Net Growth Media SI Analyst has full discretion over the Valuation of the issuer included in this report based on his or her own due diligence.

Any investment recommendation in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Speculative Issues Analyst compensation is not, was not, nor will be, directly or indirectly, related to the specific valuations or views expressed in any report or article.

ADDITIONAL INFORMATION

Additional information is available upon request. Net Growth Media SI reports and articles are based on data obtained from public sources that it believes to be reliable but are not guaranteed to be accurate nor do they purport to be complete. Because of individual financial or investment objectives and/or financial circumstances, this report or article should not be construed as advice designed to meet the particular investment needs of any investor. Investing involves risk. Any opinions expressed by Net Growth Media SI Analysts are subject to change without notice. Reports or articles or Tweets are not to be construed as an offer or solicitation of an offer to buy or sell the securities herein mentioned.

CANADIAN COVERAGE

This research report is a product of Net Growth Media SI and prepared by a research analyst who is employed by or is a consultant to Net Growth Media SI. The research analyst preparing the research report is resident outside of Canada, and is not an associated person of any Canadian registered adviser and/or dealer and, therefore, the analyst is not subject to supervision by a Canadian registered adviser and/or dealer, and is not required to satisfy the regulatory licensing requirements of any Canadian provincial securities regulators, the Investment Industry Regulatory Organization of Canada and is not required to otherwise comply with Canadian rules or regulations.