Disclaimer


You are reminded that investment advice provided by III Research is for your general information and use and is not intended to address your particular requirements. Any advice or recommendations contained in this report may not be suitable for you and are not intended to be relied upon by you in the making (or refraining from making) any specific investment or other decision. Such decisions should only be made on the basis of independent advice from an appropriately qualified adviser.

The Group is not nor has been nor will be engaged in investment banking and does not make markets in any of the securities covered in this report or have any investment banking relationship with the firm whose security is covered in this report.  No employee or contractor of the Group is permitted to personally buy or sell stock in the company covered in this report, and neither the analysts responsible for the report nor any related household members are officers, directors, or advisory board members of any covered company.  No one at a covered company is on the Board of Directors of the Group or any of its affiliates.

This report is not a solicitation to buy or sell any security and past performance is no guarantee of future results.