The publications are prepared to promote independent business, economic, and investment research based on facts and data. This publication is for research and analysis only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other securities. The analysis contained herein does not constitute a personal recommendation or consider the particular investment objectives, investment strategies, financial situation, and needs of any specific recipient.

PLEASE READ THIS DISCLAIMER CAREFULLY. BY USING THIS WEBSITE AND THESE PRODUCTS AND SERVICES (AS DEFINED BELOW), YOU ACKNOWLEDGE AND AGREE TO THE TERMS OF THIS DISCLAIMER (“AGREEMENT”) BETWEEN YOU AND US (AS DEFINED BELOW). IF YOU DO NOT WISH TO BE BOUND BY THIS AGREEMENT, PLEASE DO NOT USE THIS WEBSITE OR THE SERVICES OR PRODUCTS REFERRED TO HEREIN.

You hereby acknowledge and agree as follows:

Neither Hivelr, nor GrandCliff Management Inc., its website www.hivelr.com, nor any of its founder, officers, employees, representatives, agents, independent contractors, 3rd party provider, authors, or subcontractors (“Hivelr”, ”Hivelr Business Review”, ”Hivelr Economics Review”, ”Hivelr Investment Review”, ”Hivelr Technology Review”,     “Hivelr Quantum Alpha,” “GrandCliff Management Inc.,” “we,” or “us”) are, in such capacities, licensed financial advisors, registered investment advisors, or registered broker-dealers unless otherwise expressly provided. We do not provide investment or financial advice or make investment recommendations, nor is it in the business of transacting trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation. Nothing contained in this communication constitutes a solicitation, recommendation, promotion, endorsement, or offer by us of any particular security, transaction, or investment.

The risk of loss in trading securities, options, futures, forex, and commodities can be substantial and are not suitable for all investors. The users must consider all relevant risk factors, including their own personal financial situation, before trading.

We are not responsible for any financial investments you make.

You are responsible for every aspect of all financial investments you make and are solely responsible for any losses, financial, or otherwise as a result of your financial investments.

You assume the risk of any and all financial investments you make.

Results may vary, and past results do not and cannot predict future performance.

YOU AGREE TO DEFEND, INDEMNIFY, AND HOLD HARMLESS HIVELR (GRANDCLIFF MANAGEMENT INC.), ITS AFFILIATES, and AGAINST ANY AND ALL CLAIMS AND ANY ALL LOSSES, LIABILITIES, DAMAGES, COSTS, AND EXPENSES ACCRUING FROM ANY ACTION TAKE BY YOU CONTRARY TO THIS DISCLAIMER AND ARE SOLELY RESPONSIBLE FOR YOUR INVESTMENT PRACTICES.

We are not a professional financial advisor. The content of this website is for educational and research purposes only.

Traders, investors, and users should consult their own financial advisors regarding any securities transaction and be responsible for their own investment decisions.

The materials and information provided by us are not and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing have serious financial risks involved in losing all of your money.

Under all circumstances, you, the user, and NOT us assume the entire cost and all risks involved with trading any stock based on strategies illustrated on this website, via e-mail, or over the phone.

Never put your money on the line without a thorough understanding of what you are doing and why you are doing it, based on your own personal knowledge and experience. Do your own research and testing before attempting any new technique. To properly utilize this tool, you must do enough thorough testing on your own to be satisfied with the results and how those results will affect your personal trading and risk management before making any trading decisions.

AUTHOR PUBLICATIONS

All opinions, articles, and publications expressed by the authors on www.hivelr.com are solely the author’s opinions and do not reflect the opinions of Hivelr, GrandCliff Management Inc. its founder, members, officers, directors, owners,  employees, agents, representatives, suppliers, parent company or affiliates, and service providers (collectively “Hivelr Service”), and may have been previously disseminated by the author on television, radio, internet or another medium. The author can be an individual or an organization. You should not treat any opinion expressed by the author as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his/her/its opinion. The author’s opinions are based upon information the author considers reliable, but neither Hivelr (GrandCliff Management Inc.) nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. The author, Hivelr (GrandCliff Management Inc.), its affiliates, and/or subsidiaries are not under any obligation to update or correct any information provided on this website. The author’s statements and opinions are subject to change without notice—no part of the author’s compensation from Hivelr (GrandCliff Management Inc.) is related to the specific opinions he/she/it expresses.

Past performance is not indicative of future results—neither the author nor Hivelr (GrandCliff Management Inc.) guarantees any specific outcome or profit. You should be aware of the real risk of loss following any strategy or investment discussed on this website. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this website. Before acting on information on this website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor.