TERMS OF SERVICE

PLEASE READ THE FOLLOWING TERMS OF SERVICES CAREFULLY BEFORE USING THIS WEB SITE. YOUR USE OF THIS WEB SITE INDICATES YOUR ACCEPTANCE OF THESE TERMS OF SERVICES. IF YOU DO NOT WISH TO BE BOUND BY THE TERMS OF SERVICE, YOU MAY NOT USE THE SERVICES PROVIDED BY INVESTORFOLIO.

INTRODUCTION AND ACCEPTANCE OF TERMS

InvestorFolio's Services are offered subject to the following terms and conditions ("Terms"), which may be amended by InvestorFolio from time to time without notice to you. By using the Services, you agree to the Terms. If you do not agree, you may not use the Services. It is your responsibility to review these Terms from time to time so that you will be apprised of any change. In addition, use of particular Services may be subject to additional terms and conditions, which will be available in connection with such Services. Unless otherwise agreed to in writing between you and InvestorFolio, the Terms, as amended, shall govern your use of InvestorFolio's World Wide Web site and all Services. Please note that at any time, if it is determined by InvestorFolio that you have abused or violated the letter or intent of any of these terms, conditions and guidelines, InvestorFolio reserves the right to terminate your account immediately without notice.

INVESTMENT ADVICE ON THIS SITE

InvestorFolio and any affiliates and information providers make no implied or express warranties on the information provided. Please verify quotes with your investment manager before making investment decisions. This is not to be construed as a solicitation to buy or sell securities. As with any stock, the featured companies on the InvestorFolio web site and/or newsletter involve a high degree of risk and volatility, and all investors should know that they may lose a portion or all of their investment if they decide to purchase any stock.

InvestorFolio makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies and does not guarantee the topicality, correctness, completeness and quality of information and statements presented on InvestorFolio or in email alerts released by InvestorFolio. Any claims or statements should be deemed apocryphal. InvestorFolio corporate officers, nor any of its affiliates are not registered investment advisors or a broker dealers and do not recommend to buy, hold, or sell any securities. The onus is on site members and viewers to complete their own due diligence. InvestorFolio members and viewers should always make their own financial decisions. The accuracy and completeness of the information within any report, newsletter or on the web site is only as reliable as the information that is provided to InvestorFolio in drafting the report. InvestorFolio does not verify the information, and makes no warranty that the information is accurate.

Visitors to InvestorFolio web site and readers of the InvestorFolio newsletters are cautioned that small and micro-cap stocks are high-risk investments and that SOME or ALL investment dollars CAN BE LOST. We suggest you consult a professional investment advisor before purchasing any stock. All opinions expressed at the InvestorFolio web site are the opinions of InvestorFolio. InvestorFolio recommends you use the information found here as an initial starting point for conducting your own research and conduct your own due diligence (DD) on the featured companies in order to determine your own personal opinion of the company BEFORE investing in these or any other companies. InvestorFolio assumes all information to be truthful and reliable; however, we cannot and do not warrant or guarantee the accuracy of this information. All statements contained herein are deemed to be factual as of the date of this report and as such are subject to change without notice. InvestorFolio is NOT an Investment Advisor, Financial Planning Service or a Stock Brokerage Firm and in accordance with such InvestorFolio is not offering investment advice or promoting any investment strategies. InvestorFolio is not offering securities for sale or solicitation of any offer to buy or sell securities. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. On occasion InvestorFolio receives compensation from a third party in relation to the Companies being profiled in its Newsletters sent to our subscribers.

InvestorFolio, its affiliates, associates, relatives and anyone associated with InvestorFolio in any manner reserves the right to either BUY or SELL shares in the profiled company's stock, either BEFORE the date of the profile, DURING the date of the profile or at ANY time after the date of the profile. Do your own research and due diligence (DD) before investing in any company. InvestorFolio merely is providing information and is in no way nor manner suggesting an investment in any company or investment opportunity. You the investor are making decisions for yourself. We may have an inherent conflict of interest by sending the newsletter at the same time we may own stock in the same company or even have been paid compensation at the time of the promotion. InvestorFolio reserves the right to sell shares at anytime, even during the time period in which we are profiling a company. Under no circumstances shall any member of InvestorFolio be held liable for any loss incurred by any individual or individuals as a result of any individual or individuals decision to invest in any company profiled by InvestorFolio. Viewing this web site and viewing picks on this web site or Newsletter sent to subscribers shall not create under any circumstances an offer to buy or sell stock in any company profiled. Nor shall it create any principal-agent relationship between viewer and InvestorFolio.

Short term investing involves significant risk, and you can lose some or all of your investing capital. Please contact a qualified financial planner before investing in any stocks, including those profiled by InvestorFolio. InvestorFolio may trade in fast moving, highly volatile markets, and any viewer of InvestorFolio web site should observe the trading behavior of any profiled company prior to purchasing. InvestorFolio trading selections are primarily intended for short term momentum trading and carry a high degree of risk. InvestorFolio also profiles long term trading and those profiles also carry a great deal of risk. Past performance of InvestorFolio is not indicative of future results. In making selections, InvestorFolio may make use of any public information including but not limited to company issued press releases, SEC filings, profiles from Hoovers or Marketguide, brokerage reports, newspapers, magazines, journals, electronic databases on the web, electronic message board postings on the web and other research sites. InvestorFolio attempts to verify the accuracy of the information contained in said resources, but does not represent or warrant the accuracy contained in these resources. Investors should, at no time, rely solely on the information contained in InvestorFolio picks and are urged to research profiled companies on their own, and make their own investment decision. Factual statements on this web site or the Newsletter sent to subscribers are made as of the date stated and are subject to change without notice. The Securities and Exchange Commission has compiled an extensive amount of information concerning online investing, including the inherent risks involved. We encourage our readers to visit the SEC's web site to acquire this important information.

Safe Harbor Disclosure: The InvestorFolio web site contains or incorporates by reference "forward-looking statements, including certain information with respect to plans and strategies of the featured company. As such, any statements contained herein or incorporated herein by reference that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the forgoing, the words "believe(s)," "anticipate(s)," "plan(s)," "expect(s)," "project(s)" "will" "make" "told" and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause actual events or actual results of the Companies profiled herein to differ materially from these indicated by such forward-looking statements. Certain statements contained herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, future operating revenues and expenses. Although the Company believes that the statements are reasonable, it can give no assurances that such expectations will prove to be correct. Investors are cautioned that any forward looking statements made by the Company, or contained in any and/or all profile/research reports, contain no guarantee of future performance, and that the actual result may differ materially from those set forth in the forward-looking statements. Difference in results can be caused by various factors including, but not limited to, the Company's ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies.


Information presented within this report contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," "may," or by statements indicating certain actions "may," "could," or "might" occur. We encourage our readers to invest carefully and review all forms of investments and read the investor information. More information on the Company may be found at http://www.sec.gov and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

Never invest into a stock discussed on this web site or the InvestorFolio newsletter unless you can afford to lose your entire investment.

Please consult with a certified financial advisor before making any investment decisions.

REGISTRATION; PASSWORDS AND SECURITY

In order to use certain Services, InvestorFolio requires that you register. In registering, you agree to: (a) provide true, accurate, current and complete information about yourself as prompted by the applicable registration form(s) and (b) maintain and promptly update the information. If you provide any information that is untrue, inaccurate, not current or incomplete, or InvestorFolio has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, InvestorFolio has the right to refuse any and all current or future use of the Services (or any portion thereof) by you. By completing the registration you also agree to be bound by any terms provided in the registration process, these Terms and any terms applicable to the Services for which you register. In certain cases you will receive or designate a user name and password. You are responsible for maintaining the confidentiality of the user name and password, and are responsible for all activities that occur under your user name and password, whether or not authorized by you. InvestorFolio will not be liable for any loss or damage arising from your failure to comply with this Section.

USER INFORMATION; INVESTORFOLIO PRIVACY POLICY; FEEDBACK

InvestorFolio may use information concerning users for internal business and marketing purposes and may disclose the information to third parties for such purposes consistent with the terms of our Privacy Policy. Information that you provide to InvestorFolio via the InvestorFolio Site is subject to our Privacy Policy that is incorporated by this reference herein. For more information, please see our full Privacy Section. If you provide us with any feedback, suggestions, criticisms or compliments ("Feedback"), you agree that we may use such Feedback for any purpose whatsoever, including without limitation, distribution, publication, display and use in marketing materials and advertisements.

RULES FOR AND LIMITATIONS ON USE OF THE SERVICES

InvestorFolio may establish rules for and limitations on use of the Services. InvestorFolio reserves the right to change these rules and limitations at any time, in its sole discretion, with or without notice. InvestorFolio may modify or discontinue, temporarily or permanently, the Services (or any part thereof) and may remove content from the Services, with or without notice to you. InvestorFolio will not be liable to you or to any third party for any modification or discontinuance of the Services or removal of content from the Services. You may not reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of the Services, use of the Services, or access to the Services. You agree to comply with all applicable treaties, laws, rules and regulations. Information provided by InvestorFolio is not warranted to be accurate or complete, and will not constitute a warranty or representation by InvestorFolio.

As a user of the Services, you agree to use the Services only for lawful purposes. Use of the Services for or in conjunction with the transmission, distribution, retrieval, or storage of any information, data, or other material in violation of any applicable law or regulation is prohibited. You also agree not to use the Services:

· In any manner prohibited by law or regulation;

· To impersonate InvestorFolio personnel or any other person;

· To use another user's, or to allow another person to use your, login or password or account information;

· To post or send any bulk unsolicited email;

· To violate the security or interfere with the operations of InvestorFolio, whether intentionally, negligently or otherwise;

· To access any data, server or account which you are not authorized to access;

· To test the vulnerability or breach the security or authentication measures of any system or network; or

· To interfere with the Services provided to anyone else.

TERMINATION

InvestorFolio, in its sole discretion, may terminate your use of the Services for any reason without prior notice. You acknowledge and agree that InvestorFolio may immediately deactivate or delete your user account and all related information and files in your user account and/or bar any further access to the Services. InvestorFolio will not be liable to you or any third party for any termination of your access to the Services.

DEALINGS WITH INVESTORFOLIO PARTNERS

Your dealings with other entities promoted on or through the Services, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such other entity. You agree that InvestorFolio shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the promotion of such other entities on the Services.

LINKS

The Services may provide links to other World Wide Web sites or resources. InvestorFolio has no control over or responsibility for such sites and resources. You agree that InvestorFolio is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from such sites or resources. InvestorFolio provides the links to you only as a convenience and inclusion of any link does not imply endorsement of the site.

INVESTORFOLIO'S PROPRIETARY RIGHTS AND LIMITED LICENSES

You acknowledge and agree that the Services and any content, organization, gathering, compilation, magnetic translation, digital conversion and other matters related to the Site and software used in connection with the Services ("Software") contain proprietary information that is protected by applicable intellectual property and other laws and, as between you and InvestorFolio, InvestorFolio shall own all right, title and interest in and to all proprietary information embodied in the Services and the software subject only to the express licenses granted herein. Except as expressly authorized by InvestorFolio, you may not modify, rent, lease, loan, sell, distribute, transmit, publish or create derivative works based on the Services or Software, in whole or in part.

Subject to the Terms, InvestorFolio grants you a personal, non-transferable and non-exclusive, limited right and license to access and use the Software and the Services as provided to you by InvestorFolio on a single computer; provided that you do not (and do not allow any third party to) copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, distribute, sublicense, grant a security interest in or otherwise transfer any right in the Software. You agree not to modify the Software in any manner or form, or to use modified versions of the Software, including (without limitation) for the purpose of obtaining unauthorized access to the Services.

VIOLATION OF TERMS OF SERVICES

In the event of any actual or potential violation of the letter or intent of the terms or conditions of these Terms, InvestorFolio reserves the right to suspend or terminate, either temporarily or permanently, any or all services provided by InvestorFolio, to block any prohibited activity, or to take any other actions as deemed appropriate by InvestorFolio in its sole discretion. Users who violate these Terms may additionally incur criminal and/or civil liability. InvestorFolio may refer violators to civil or criminal authorities for prosecution, and will cooperate fully with applicable government authorities in connection with its investigations of any suspected civil or criminal violations.

INDEMNITY

You agree to indemnify, defend and hold harmless InvestorFolio, its affiliates, officers, directors, employees, consultants and agents from any and all claims, liability, damages and/or costs (including without limitation attorneys' fees and legal costs) arising from your use of the Services or Software, or from your violation of the Terms. Payment by you under this provision will not prevent InvestorFolio from obtaining other legal or equitable remedies against you.

DISCLAIMER OF WARRANTIES

You expressly understand and agree that:

Your use of the services and the software is at your sole risk. The services and the software are provided on an "as is" and "as available" basis. InvestorFolio expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement.

InvestorFolio makes no warranty that (i) the services or the software will meet your expectations, (ii) the services or the software will be uninterrupted, timely, secure, or error-free or (iii) any errors in the services or software will be corrected.

Any material downloaded or otherwise obtained through the use of the services is done at your own discretion and risk and that you will be solely responsible for any damage to your computer system or loss of data that results from the download of any such material.

LIMITATION OF LIABILITY

You agree that InvestorFolio shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if InvestorFolio has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the services and/or the software; (ii) the cost of procurement of substitute goods and services resulting from the services and/or the software; (iii) unauthorized access to or alteration of your account by anyone other than InvestorFolio; (iv) statements or conduct of any third party on the services; or (v) any other matter relating to the services or software.

TRADEMARK INFORMATION

InvestorFolio and the InvestorFolio logo and other InvestorFolio products and services names are trademarks, service marks or logos, as applicable, of InvestorFolio (the "InvestorFolio marks"). Other trademarks, service marks and logos used in the services or software are the trademarks, service marks or logos of their respective owners. No right to use any trademark, service mark or logo of InvestorFolio or any other person is granted under these terms.

INTERNATIONAL USE

Recognizing the global nature of the Internet, you agree to comply with all local rules regarding online conduct and acceptable Content. Without limiting the generality of the foregoing, you agree to comply with all applicable laws regarding the transmission of technical data exported from the United States or the country in which you reside.

NOTICES

Notices to you may be made via either email or regular mail. The Services may also provide notices of changes to the Terms or other matters by displaying notices or links to notices to you generally on the Services.