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Portfolio Research Partners

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PRP Disclosures


1. Portfolio Research Partners, LLC's publishes various periodic newsletters which, along with its related publications, Daily updates, and other services (collectively, the "Newsletter"), is edited and published by Portfolio Research Partners, LLC, and offered to the general public on a subscription basis.

2. Newsletter subscribers will receive the benefit of Portfolio Research Partners, LLC's commentary, analysis, opinions, advice and recommendations. The Newsletter is impersonal and does not provide individualized advice or recommendations for any specific subscriber or portfolio.

3. The Editor may not directly or indirectly own the securities which are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the newsletter.

4. Investing involves substantial risk. Neither the Editor, the publisher, nor any of their respective affiliates including without limitation officers, Directors or employees make any guarantee or other promise as to any results that may be obtained from using the Newsletter. While past performance may be analyzed in the Newsletter, past performance should not be considered indicative of future performance. No subscriber should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing the prospectus and other public filings of the issuer. To the maximum extent permitted by law, the Editor, the publisher and their respective affiliates disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations in the Newsletter prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

5. The Newsletter's commentary, analysis, opinions, advice and recommendations represent the personal and subjective views of the Editor, and are subject to change at any time without notice.

6. The information provided in the Newsletter is obtained from sources which the Editor believes to be reliable. However, the Editor has not independently verified or otherwise investigated all such information. Neither the Editor, the publisher, nor any of their respective affiliates including without limitation officers, Directors or employees guarantees the accuracy or completeness of any such information.

7. The Newsletter is not a solicitation or offer to buy or sell any securities.

8. Subscribers may submit questions to the Editor by e-mail to This email address is being protected from spambots. You need JavaScript enabled to view it.. However, since the Newsletter is impersonal and does not provide individualized advice for specific subscribers, the Editor can only answer questions of a general nature about the markets or specific securities. The Editor will make every effort to answer subscriber questions on our website (www.portfolioresearchpartners.com) or in the pages of an upcoming issue of the Newsletter.

9. Neither the Editor, the publisher, nor any of their respective affiliates including without limitation officers, Directors or employees is responsible for any errors or omissions in any Newsletter.

10. The publication by an Editor of a "target price" or "stop loss" for a particular security does not necessarily represent the price at which an Editor intends to sell or will sell any such securities that the Editor may directly or indirectly own.

11. There is no guarantee that any of the recommendations published in any of the Newsletters will return a profit. Any recommendations made are for trading purposes, circumstances may change that affect the veracity or validity of the trading recommendation. Neither the Editor, the publisher, nor any of their respective affiliates including without limitation officers, Directors or employees make any guarantee or other promise as to any results that may be obtained from using the Newsletter.