10XProTrader.com and their Company and/or its subsidiaries or affiliates ("Company," "we," or "us") (collectively referred to herein as the “Publisher”). The Publisher publishes favorable information (the “Advertisements”) about publicly traded companies (each an “Advertised Issuer,” or collectively the “Advertised Issuers”) to increase the demand for and price of the Advertised Issuer’s securities. The Advertisements may be created by the Publisher, third parties hired by the Publisher, the Advertised Issuers themselves, or other parties engaging the services of the Publisher.
In exchange for the compensation set forth at the end of this Disclaimer, the Publisher publishes or causes the publication of the Advertisements on its websites, in newsletters, SMS, audio services, live interviews, featured “research” reports, message boards and social media, third party websites, and in email communications, and other points of media (collectively the “Media”), pursuant to terms and conditions that are agreed upon between the Publisher and the Advertised Issuer (the “Campaign”).
This Disclaimer provides important information required by Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder, and Section 17(b) of the Securities Act of 1933, as amended (the “Securities Act”), to specifically disclose: (i) the nature and amount of the Publisher’s compensation, (ii) information concerning the Advertised Issuer’s securities that the Publisher holds or intends to acquire, (iii) whether the Publisher intends to sell any securities of the Advertised issuer it holds during the Campaign while the Advertisements recommend that investors purchase, (iv) that the Publisher may engage in buying and selling of the Advertised Issuer’s securities before, during, and after the Campaign.
The information in the Advertisements may be provided to the Publisher by the Advertised Issuer and/or other parties hired by the Publisher. The Publisher may also obtain information contained in the Advertisement from publicly available sources such as the OTC Markets Group, Google, NASDAQ, NYSE, the Securities and Exchange Commission’s Edgar database, and other available sources. The Publisher does not endorse, verify, research, confirm or verify the truthfulness or completeness of any of the information used to create the Advertisements or that is contained in the Advertisements. The Advertisements do not provide sufficient information for investors to make an informed investment decision. The Advertisements are a snapshot and should not be considered as complete, accurate, truthful or reliable. Purchasing the Advertised Issuer’s securities based on the Advertisements creates a very high risk of financial loss. Investors may encounter difficulties determining what, if any, portions of the Advertisements are material or non-material, making it all the more imperative that each investor conduct his or her own independent investigation of the Advertised Issuer with the assistance of legal, tax and financial advisors (the “Advisors”). Investors should review information published on the websites of the OTC Markets Group, NASDAQ, NYSE and the Securities and Exchange Commission and undertake a full review of the business, financial condition, industry, risks, prospects and other information concerning the Advertised Issuer. An investor should only make an investment if he or she can afford a loss of their entire investment without a material change to his or her financial condition and/or standard of living.
If the Advertisement states that an Advertised Issuer’s securities are consistent with future economic trends, or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that the Publisher is unable to predict; (c) human and social factors may outweigh future economic trends that the Publisher states may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as in ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty, rather than a predicted economic outcome, becomes reality; or (f) if the trend predicted involves a single result, and ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies. The Publisher disclaims, expressly and implicitly, all warranties of any kind and as such, any use of the Advertisement is at the recipient’s own risk. The Publisher is not responsible or liable for any person’s reliance on or use of the Advertisement, including any success or failure that is directly or indirectly related to such person’s use of the Advertisement. The Publisher specifically cautions recipients of the Advertisement that the Advertisement should not be considered to be true or complete and as such, should not be relied upon for any purpose. The Publisher is not responsible for misleading or untrue statements or omissions in the Advertisements and is not responsible for actions taken by any person who relies upon the Advertisement. The Publisher is not nor is it qualified to act as: (i) an investment adviser or an entity engaging in activities that would be deemed to be providing investment advice that requires registration either at the federal or state level, (ii) a broker-dealer or an individual acting in the capacity of a registered representative or broker-dealer, (iii) a stock picker, (iv) a securities trading or investment expert, (v) a securities researcher or analyst, (vi) a financial planner or one who engages in financial planning, a party who provides advice about buy, sell or hold recommendations as to specific securities; or (vii) a party or an agent offering securities for sale or soliciting their purchase. References in the Advertisements that refer to any security as a “stock pick” means it is a stock advertised by the Publisher and is not an indication the security has been picked, chosen, selected, researched or recommended by the Publisher or that Publisher is qualified to select, research or recommend stocks.
All terms used in the Advertisement with respect to an Advertised Issuer and/or its securities including “profit”, “stock pick” or “target price”, are rhetorical statements and exaggerations and as such, should not be construed as truthful. The Publisher makes no warranty or representation about the Advertisement. The Advertisement is not complete and should not be considered accurate or a source of information for the purposes of making an investment decision. The Publisher disclaims, expressly and implicitly, all warranties of any kind and as such, should a Recipient rely upon the Advertisement to make an investment decision (against the Publisher’s advice), it is a huge mistake and at his or her own risk. Recipients should not rely on the Advertisement for any purpose including especially in connection with an investment decision. The Publisher not responsible or liable for any person’s use of the Advertisement or any success or failure that is directly or indirectly related to such person’s use of the Advertisement for any purpose including trading securities of the Advertised Issuers. The Publisher is not responsible for omissions or errors in the Advertisement and the Publisher is not responsible for actions taken by any person who relies upon the Advertisement.
The Publisher is not providing advice about purchasing, selling or holding securities and is not offering securities for sale or soliciting their purchase. The Publisher is not and does not make stock recommendations and it is only a party publishing information. The Publisher does not act in the capacity of an adviser, consultant, stock picker, securities researcher, securities trading expert, securities analyst, investment adviser, broker-dealer, registered representative and the Publisher is not qualified to act in any of the foregoing capacities. The Publisher is not objective or independent and has multiple conflicts of interest in publishing the Advertisements.
The Advertised Issuers and parties hiring the Publisher have conflicts of interest and may not be not working in the best interests of the Recipients. The Publisher was paid to disseminate the (favorable) Advertisement about the Advertised Issuers and doesn’t publish any negative information whatsoever about the Advertised Issuers. The Publisher may own an Advertised Issuer’s securities that it acquired from the Advertised Issuer, third parties or from open market purchases before, during or after the Advertising Campaign and it may sell these securities during the Advertising Campaign while publishing the (favorable) information that instructs Recipients to purchase the securities of the Advertised Issuer. As such, the Publisher could profit from its sales of the Advertised Issuer’s shares while the Recipient experiences losses from their purchase of shares of the Advertised Issuers. Persons who engage the services and/or compensate the Publisher will likely sell their shares of the Advertised Issuer while the Publisher is publishing the (favorable) Advertisement.
The Publisher has conflicts of interest because: (i) it only publishes favorable information and is paid to do so, (ii) the Publisher may hold or acquire an Advertised Issuer’s securities while publishing the Advertisements during the Campaign (iii) the Publisher may sell the Advertised Issuer’s securities during the Campaign while publishing favorable information that instructs or causes investors to buy, (iv) the Publisher may hold or receive shares of the Advertised Issuer for a much lower price than that paid by investors, (v) the Publisher’s sale of the Advertised Issuer’s securities will likely cause investors to suffer losses, (vi) the Publisher may sell shares during the Campaign for a profit while recipients of the Advertisements suffer a loss, (vii) any party that engages and/or compensates the Publisher may sell shares of the Advertised Issuer while the Publisher is disseminating the Advertisement, and (viii) the payment of shares to the Publisher will dilute investors and lower the value of their investment in the Advertised Issuer’s securities.
Most, if not all, of the Advertised Issuers are high risk investments and their securities are high risk, illiquid, unstable and subject to wide fluctuations in trading price and volume, which may make it difficult for investors to sell their shares. During the Campaign, the trading volume and price of the securities of an Advertised Issuer will likely increase significantly solely because of the demand created by the Campaign. As such, when the Campaign ends, the volume and price will likely decrease to a price at least as low as it was prior to the Campaign. As a result, investors who hold shares of the Advertised Issuer when the Campaign ends will probably lose most, if not all, of their investment. The Advertisements may be sent to potential investors at different times through different types of media. The Advertisements may be disseminated seconds, minutes, hours, days or even weeks apart. The Advertisements may be sent to potential investors multiple times by different types of Media controlled by the Publisher. Upon the Advertisements being provided to the first recipients, the trading volume and price of the Advertised Issuer’s securities may increase. In the event of such an increase, the first recipients who invested will likely pay lower prices than those paid by subsequent recipients of the Advertisements. The Campaigns are designed so that purchases of the Advertised Issuer’s shares by investors receiving the Advertisements will cause the price and trading volume to increase in stages as the Advertisements are received by different groups of investors at different times. As the price of an Advertised Issuer’s securities increases due to the Campaign, the earlier recipients may sell their shares. Subsequent investors may therefore purchase the Advertised Issuer’s shares from investors who received the Advertisement before them, and purchased at lower prices, which will likely cause increases in price and volume. The later an investor receives an Advertisement, the more likely it is that he or she will purchase shares sold by earlier recipients of the Advertisement, pay inflated prices, and suffer increased trading losses.
The Publisher’s compensation may consist of cash or securities of the Advertised Issuers. The Publisher may sell securities of the Advertised Issuers for less than target prices set forth in the Advertisement. If the Advertisement publishes any percentage gain of an Advertised Issuer from the previous day’s close in the Advertisement, it is not and should not be construed as an indication that the future stock price or future operational results will reflect gains or otherwise prove to be advantageous to an investment. The Advertisement may state that an Advertised Issuer’s stock price has increased over a certain period of time. That period of time may be arbitrary, and the prediction is not the result of any professional analysis; as such, you should not rely that information. The Advertisement should not be interpreted in any way, shape, form or manner whatsoever as an indication of the Advertised Issuer’s future stock price or future financial performance.
The Publisher may receive unrestricted shares as compensation for the campaign or acquire such shares in open market transactions before and during the Campaigns, and may intend to sell the shares it acquires at any time, even during the Campaigns, while publishing the Advertisements. When the publisher sells the shares it holds, the price at which investors can sell their shares will likely decrease, which will likely cause investors to suffer trading losses. The Publisher may intend to sell any shares of an Advertised Issuer that it holds or receives as compensation during the Campaign while the Advertisement recommends investors purchase the Advertised Issuer’s securities. The Publisher may be hired and compensated by the Company or other parties including officers, directors, shareholders or other stock publishers who want to sell their securities of the Advertised Issuer during the Campaign. These parties will sell their shares for more money if there is an increase in the trading price and/or volume of an Advertised Issuer’s securities. Recipients of the Advertisement could purchase securities sold during the Campaign by the Publisher or by other parties compensating the Publisher. As soon as the Publisher sells the securities it holds, it may choose to end the Campaign, which would likely cause a material decline in the Advertised Issuer’s stock price and volume.
The source of the Publisher could be compensated by the Issuers, non-affiliate or affiliate shareholders of the Issuers or other third parties who could derive a financial or other benefit from an increase in the trading price and/or volume of an Issuer’s securities. In addition, affiliates of the Publisher may be hired by an Issuer to provide services to the Issuer.