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The Option Investor Newsletter and Web Site (collectively referred to hereafter as "Option Investor"), is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of Option Investor are not brokers or investment advisers, and they do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. The information provided by Option Investor is obtained from sources believed to be reliable but is not guaranteed as to accuracy or completeness. Subscribers to Option Investor or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so.

At various times, the publishers and employees of Option Investor may own, buy or sell the securities discussed for purposes of investment or trading. Option Investor and its publishers, owners and agents, are not liable for any losses or damages, monetary or otherwise, that result from the content of Option Investor. Securities discussed by Option Investor should be considered speculative and contain a high degree of volatility and risk.

Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations made by us. Due to the time critical nature of stock trading, brokerage fees, and the activity of other subscribers, Option Investor cannot guarantee that subscribers will mirror the performance stated on our track records or promotions. Performance numbers shown are based on trades subscribers could enter based on our guidelines.

The results posted for Option Investor are hypothetical. They are based on the price when the play was published by Option Investor, and the price when dropped by Option Investor. Option Investor cannot guarantee that any person bought or sold the actual security for the prices listed in the newsletter, or on the Web Site. The prices listed in the newsletter and on the Web Site are the closing prices on the day the play was published, unless a specific target or entry price was reached during that day. Investors may receive greater or lesser returns based on their trading experience and market price fluctuations. The prices listed are for reference only and are in no way intended to represent an actual trade, entry price or exit price.

The information contained on Option Investor is provided for general informational purposes, as a convenience to the subscribers of Option Investor. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation. Consult the appropriate professional advisor for more complete and current information. Option Investor is not engaged in rendering any legal or professional services by placing these general informational materials on Option Investor. Option Investor and its publishers specifically disclaim any liability, whether based in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with access to or use of Option Investor, even if Option Investor has been advised of the possibility of such damages, including liability in connection with mistakes or omissions in, or delays in transmission of, information to or from the user, interruptions in telecommunications connections to the site or viruses.

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