Ian Cassel, LLC d/b/a MicroCapClub (“MicroCapClub,” “We”) provides an electronic publication to independent investors registered with MicroCapClub (“You,” “Your,” “Registrant”) containing MicroCapClub’s opinions on certain financial information, including, without limitation, information on securities and securities markets (“Information”). The Information is provided by MicroCapClub but may be based on information submitted by third party suppliers ( “Information Providers”). The Information is provided on this Web Site (the “Site”).
By subscribing to the Information, all Registrants agree and fully understand that the stock market, other securities markets, and all financial forums contain implicit and explicit risks. That being acknowledged, understood, and agreed, anyone who directly or indirectly uses the Site and/or Information shall hold MicroCapClub and any of its, members, officers, and affiliates harmles for any loss, injury, or damage resulting from the usage of the Site or any Information. All users of the Site, whether a Registrant or visitor, agree that they alone bear complete responsibility for their own investment research and investment decisions, and that they will not hold MicroCapClub or any of its affiliates liable for any decisions or outcomes from actions made by them or others based directly or indirectly upon the Information or any other material published by MicroCapClub.
Investment Risk: MicroCapClub is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice. In addition, there is no requirement that any of our Information Providers be registered investment advisors or broker-dealers and we do not represent or warrant that such Information Providers are registered investment advisors, broker-dealers or otherwise licensed or registered under applicable law. Nothing published by MicroCapClub should be considered personalized investment advice or investment services by MicroCapClub or the Information Providers. The Information is NOT a solicitation to BUY, SELL, or HOLD any securities mentioned, directly or indirectly, in the Information. Furthermore the Information should not be used as the basis for making any investment decision and you should consult your own independence financial investment advisor before making any such decision. Your own due diligence is of the utmost importance and highly recommended. Never buy stocks or other financial products based purely on the Information. Neither MicroCapClub nor any Information Provider guarantees any specific outcome or profit, as, among other things, the strategies or investments discussed may fluctuate in price or value and the investments or strategies mentioned on the Site or in the Information may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on the Site or the Information. Before acting on Information, you should consider whether it is suitable for your particular circumstances and seek advice from your own independent financial or investment advisor. YOU SHOULD VERIFY ALL CLAIMS, DO YOUR OWN DUE DILIGENCE AND/OR SEEK YOUR OWN PROFESSIONAL ADVISOR AND CONSIDER THE INVESTMENT OBJECTIVES AND RISKS BEFORE INVESTING IN ANY SECURITIES MENTIONED ON THE SITE OR IN THE INFORMATION. You specifically acknowledge that MicroCapClub will in no way be held liable for losses or gains arising out of any Information sent to you by MicroCapClub or subscribed by you from MicroCapClub, and you waive any such claims on your own behalf and on behalf of your successors, heirs and representatives. You further acknowledge that the Information is based on the opinions of MicroCapClub and has not been independently verified by MicroCapClub.
The material in the Information represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the Registrant as research or investment advice regarding the funds or any security in particular.
The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective. The information provided is not intended to be a complete analysis of every material fact respecting any strategy. The examples presented do not take into consideration commissions, tax implications or other transactions costs, which may significantly affect the economic consequences of a given strategy.
Disclosure of Ownership: From time to time, MicroCapClub, its affiliates, members, officers or employees and/or any or all of Information Providers and/or their affiliates may, or may not, hold positions in one or more of the securities mentioned in the Information and may trade such positions in such securities at any time, without notification to you, based on information not available on the Site and, furthermore, MicroCapClub, its affiliates, members, officers or employees and/or any or all of Information Providers and/or their affiliates have no obligation to disclose such information to you at any time. They may also liquidate shares (or other securities) in profiled companies at any time without notice and at will. Such liquidation may have a negative impact on the securities being liquidated. There can be no assurances that (i) Information Providers’ goals, objectives, investment portfolio or strategies are consistent with your own investment objectives and (ii) that the Information Providers are continuing to pursue a strategy or investment decision contained in the Information.
Disclosure of Compensation: Sponsors advertising on the Site will directly compensate MicroCapClub for the right to display promotional materials on the Site. Sales by our sponsors which result from advertising on the Site will encourage the sponsors to continue to advertise on the Site. Therefore, MicroCapClub, its affiliates, members, officers or employees and/or any or all of Information Providers and/or their affiliates arguably have a financial incentive to recommend the securities and products of MicroCapClub sponsors. However, the opinions expressed on MicroCapClub are independent of any third party payments and as a general policy, MicroCapClub, its affiliates, members, officers or employees and/or any or all of Information Providers and/or their affiliates may not express opinions on the basis of such compensation.
Information Source: MicroCapClub is not responsible for monitoring information provided by its Information Providers and sent to you in the Information. It is each Information Provider’s responsibility to make sure that any information is distributed in compliance with applicable law. You specifically acknowledge that MicroCapClub will in no way be held liable for any potential or actual violations of United States laws or applicable state laws, including without limitation any federal or state securities laws, based on Information sent to you by MicroCapClub. Forward Looking Statements: The Information and other information on the Site may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance in connection with discussions of future operating or financial performance. Any forward-looking statements made by MicroCapClub speak only as of the date on which they are made and MicroCapClub is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise.
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