Disclaimer

www.PennyStockBeats.com and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as “Penny Stock Beats” or “we” or “us” or “our”). Penny Stock Beats publishes information (the “Information”) about publicly traded companies (the “Profiled Company” or the “Profiled Companies”) which has been obtained from various sources including publicly available sources on the internet. Penny Stock Beats does not undertake any due diligence or investigation of the Information it obtains or publishes. You should not consider the Information published by Penny Stock Beats to be a true, accurate, complete or reliable. The Profiled Companies actual results and financial condition may differ materially and be completely different than that published or described in the Information. The Information is not an offer or solicitation to buy or sell securities of the Profiled Companies. You should not consider the Information to be a recommendation or indication as to when you should buy or sell securities or if you should buy or sell securities of the Profiled Companies. Penny Stock Beats and its officers, directors, owners and employees are not licensed as brokers, broker dealers, market makers, investment bankers, investment advisors, analysts or underwriters. You should not consider the Information when making an investment decision of whether to buy or sell securities of any Profiled Company on Penny Stock Beats and you should consult with and request that your investment advisor or attorney verify any information you rely upon in making an investment decision. You should consult your financial and legal advisers before purchasing or selling the securities of any Profiled Company. Affiliates, officers, directors and employees of Penny Stock Beats may own or may purchase shares of the Profiled Companies and may sell their securities at times when Penny Stock Beats publishes Information on the Profiled Company including when investors purchase the securities of the Profiled Companies.

Penny Stock Beats will not advise you prior to buying or selling the securities of the Profiled Companies does not and the Information should not be considered when making a decision to buy or sell securities of the Profiled Companies. The Information is not a solicitation or recommendation to buy, sell or hold securities and does not provide reliable information or analysis of the financial position of the Profiled Companies. All statements in the Information are subject to change without notice and are not reliable. Penny Stock Beats is not liable for any investment decisions by its readers. Readers should independently investigate and fully understand all risks before investing in any Profiled Company.

The owners, associates, officers, directors and/or employees and/or principals of Penny Stock Beats may have stock positions in the Profiled Companies obtained from purchases in the open market or in private transactions. Penny Stock Beats will liquidate any securities of the Profiled Companies at its discretion without notification to any party including you even it has made published positive Information about a Profiled Company. By reviewing Penny Stock Beats’s website you accept these terms and conditions.

Any investment in the Profiled Companies involves a high degree of risk and involves risks and uncertainties, which may result in investors losing all of their invested capital. Past performance does not guarantee future results.

The information contained herein contains “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based upon expectations, estimates and projections at the time the statements are made and involve risks and uncertainties that could cause actual events to differ materially from those anticipated. Forward-looking statements may be identified thorough the use of words such as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should, or might occur. Any statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, goals or future events or performance may be forward-looking statements. Factors that could cause actual results to differ materially include but are not limited to adverse economic conditions, intense competition, lack of meaningful research results, inadequate capital, termination of contracts or agreements, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other key personnel, and other risks detailed in public information including but not limited to reports filed with the Securities and Exchange Commission and/or OTC Markets. You may obtained information about some of the Profiled Companies from the OTC Markets Website at www.otcmarkets.com or from the website of the Securities and Exchange Commission, at http://www.sec.gov without charge.