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The information on this site is provided "AS IS". Ventura Capital Markets does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. Ventura Capital Markets will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site.

Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, Ventura Capital Markets cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither Ventura Capital Markets, nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials.

In no event will Ventura Capital Markets, its affiliates or any such parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind. Nothing on this site shall be deemed to constitute the provision of financial, investment or other professional advice in any way. You are advised to consult your professional advisor before making any investment decisions.

Investment Value
The value of your investments could go down as well as up depending on market conditions and you may not get back a significant proportion of your investment. Leveraged products carry a greater degree of risk and should only be considered by sophisticated investors who are confident they fully understand the potential risks involved. All financial investment and speculation carries a degree of risk and may not be suitable for all individuals. Therefore you should not invest money that you cannot afford to lose.

Past performance is not necessarily an indication of future performance. Investors should carefully consider their own personal financial circumstances before dealing in the stock market. Investors should pay due regard to their specific investment objectives, investment risk profile or financial background. If you are in any doubt as to the suitability of an investment, you should seek independent financial advice. By proceeding with your investment, you are deemed to have read and understood this warning.

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External Links
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UK
Where this communication constitutes a financial promotion it is issued and approved for distribution in the UK by Ventura Capital Markets to, and directed at, (a) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the "Order") or (b) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(1) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons. The UK compensation scheme and rules for the protection of private customers do not apply to the services provided or products sold by non-UK regulated affiliates.
The information herein was obtained from various sources. We do not guarantee its accuracy. Neither the information, recommendations or opinions expressed herein constitutes an offer to buy or sell any securities, futures, options, or investment products. Ventura Capital Markets may trade for its own account in the securities or other products described here.

Foreign currency denominated investments are subject to fluctuations in exchange rates that could have a positive or adverse effect on the investor's return. Unless otherwise stated, any pricing information in this message is indicative only, is subject to change and is not an offer to deal. Where relevant, the price quoted is exclusive of tax and delivery costs. Any reference to the terms of executed transactions should be treated as preliminary and subject to our written confirmation.

This information is not necessarily a publication of Ventura Capital Markets Research, although a Ventura Capital Markets Research report may be referenced as a link or as an attachment hereto. Any summary of Ventura Capital Markets Research is qualified in its entirety by the views of Ventura Capital Markets Research and the specific disclaimers associated with that report. This information is for discussion purposes and neither the information nor any opinions expressed constitutes a solicitation by us for the purchase or sale of any securities or other financial instruments. Ventura Capital Markets and any affiliate may trade for its own accounts in any of the securities of issuers mentioned herein or in related investments, and may also from time to time perform or solicit investment banking or other services for, or from, any entity mentioned herein.
Some products and services may not be available in all jurisdictions or to all clients.

Ventura Capital Markets Limited is an appointed representative of William Albert Securities Limited. William Albert Securities Limited is entered on the FSA Register (www.fsa.gov.uk/register) under reference 230691.

FSA Firm Registered Numbers
William Albert Securities Limited – 230691, Ventura Capital Markets Limited – 476502

Registered offices:
William Albert Securities Limited,
Allied Sanif House,
12 Greenford Road,
Greenford,
Middlesex,
UB6 9AH 7

Ventura Capital Markets Limited,
45 Charles Street,
London W1J 5EH


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Ventura Capital Markets is an appointed representative of William Albert Securities Ltd which is authorised and regulated by the FSA