StreetWise IR (“SWIR”), its principals, affiliates, representatives, subcontractors or agents (hereafter referred to as “SWIR” or “we” or “us”) prepare and/or assist others in preparing and publishing oral and written information about public companies ( referred to herein individually as the “Profiled Company”) and their securities (the “Securities”), including corporate and business profiles, alerts, summaries, reports, and press releases (hereafter referred to as the “Information”) through (a) opt-in spam compliant emails; (b) mail and courier; (c) SWIR’s website(s) profiling the Profiled Company; and (d) otherwise through the worldwide web. In certain cases, we are merely a distributor of such publications, i.e. a Profiled Company’s press release.
We generally only provide favorable information and no negative information; thus, the Information is incomplete, and we urge you to avail yourself of all reliable sources of information, including sec.gov, otcmarkets.com, and Google.
We conduct no due diligence regarding the Information.
We are not independent and the Information should be construed as a paid advertisement. We do not conduct research or evaluate if the Information is true, accurate or complete. The Information should not be construed as a recommendation to purchase or sell the securities of the Profiled Company or as providing any information that may be construed as investment advice. We are not and do not act in the capacity of: (a) an investment advisor; (b) a stock picker; (c) a securities trading expert; (d) a securities analyst; (e) a financial analyst; (f) one that provides stock recommendations, price targets, buy, sell or hold recommendations. Rather, we only introduce a company to the readers of our publications as a starting point for investigating the securities and the Profiled Company through publicly available sources. SWIR does not endorse, independently verify, or assert the truthfulness, completeness, accuracy or reliability of the Information; as such, the Information is presented in an “as is” format and the Recipients should not rely on the data or information contained in the Information in making an investment decision and should conduct their own research of the Profiled Company.
The Recipients of the Information should be especially cautious about any revenue predictions, projected revenues, revenue expectations or revenue estimates (the “Revenue Projections”) because: (a) we conduct no due diligence whatsoever on whether the Revenue Projections have a foundational basis; (b) the Revenue Projections may not be in accordance with the US Generally Accepted Accounting Principles or SEC guidelines for projections; (c) the assumptions upon which the projections are being made may lack a foundational basis; (d) the Revenue Projections may be inherently unreliable because they are subject to future events.
The Information is disseminated to broker-dealers, members of the public, readers of our website, and the financial community (collectively the “Recipients”) at the direction of the Profiled Company or other investor relations firms or third-party shareholders of the Profiled Company or firm hired by the Profiled Company for which we provide subcontracting services or through social media, including Facebook, Twitter, LinkedIn and blog spots. The Information should only be used by as a beginning point for further investigation into the Profiled Company and its securities because SWIR: (a) only presents neutral or positive information regarding the Profiled Company and its business; (b) does not present the risks or negative aspects associated with the Profiled Company or its securities; and (c) the Information is wholly inadequate to formulate any investment decision. As such, we strongly advise against making any investment decisions solely based on the Information. It is imperative that you consult with your professional advisor, financial adviser, financial planner, registered broker or attorney regarding the advisability of investing in any securities, especially penny stocks. In addition, you should consult with government or other websites that are available free of charge at www.sec.gov, www.otcmarkets.com, Google, or other sources that offer specific business and financial information about the Profiled Company, investment guides and valuable information pertaining to penny stocks, penny stock frauds and penny stock investment risks. Where applicable, you should review the quarterly (Form 10-Q) and annual (Form 10-K) financial and disclosure reports available at www.sec.gov. For those companies that are not SEC reporting companies, you should review the quarterly and annual reports available for your review at www.otcmarkets.com.
We are paid for our services in either money or securities or a combination of cash and securities compensation. The publicly traded companies or third-party shareholders or other publishers or investor relations firms that subcontract with us for the services that they have directly contracted for with a publicly-traded company or a third-party shareholder pay us for our advertisements.
Pursuant to an agreement between SWIR and a Profiled Company, SWIR always receives compensation from the Profiled Company or third-party shareholder or other investor relations firm in cash and/or securities compensation of the Profiled Company for the services that SWIR performs in connection with the preparation and/or dissemination of the Information, SWIR regularly and routinely sells the Profiled Company’s securities before, during and after its dissemination of the Information regarding the Profiled Company (most frequently during the dissemination of the Information), which may result in substantial profits to SWIR. SWIR may purchase shares of the Profiled Company before, during, and after dissemination of the Information disseminated by SWIR, which may result in substantial profits for SWIR.; SWIR’s dissemination of the Information may result in increases in the Profiled Company’s securities total trading volume or in the purchase volume of the Profiled Company’s securities, enabling SWIR to sell its Securities at a profit from the securities compensation it receives for providing services involving publications of the Profiled Company. SWIR’s sale of the Profiled Company’s securities concurrently with the dissemination of the Information, including the Profiled Company’s profile, may enable SWIR to sell at a higher price for such shares and may result in a diminished value to those buying the Profiled Company’s securities because of SWIR’s selling activities.
Our advertisements involve an actual conflict of interest since we receive compensation in the very securities we are promoting and then sell the securities during our advertorial activities or thereafter. The Profiled Company or investor relations firm or third-party shareholder from whom we receive compensation also has an actual conflict of interest since they pay us securities compensation for advertising services and then may sell their own shares of the Profiled Company while we are publishing the Information about the Profiled Company or its securities.
Statements contained in the Information that are not historical facts are forward-looking statements that involve risks and uncertainties and may be identified using terminology such as “believes”, “expects”, “may”, “will”, “should”, or “anticipates.” Such statements should be read as being applicable to all related forward-looking statements wherever they appear in any of the Information. The actual results of a Profiled Company’s operations, financial condition, or other aspects of its business could differ materially from those discussed in the Information.
We do not make any implied or express warranties regarding the Information — you should not solely rely upon the Information; rather, again you should use the Information and/or its securities as an initial introduction to the Profiled Company to initiate an investigation into a Profiled Company through, among other sources, information and reports available at the above-listed websites.
Use of the Information as well as any investment in micro-cap or penny stock securities is subject to the following risks:
You should conduct an in-depth investigation of the Profiled Company and its securities from the above or any other credible available sources, especially because we only present positive information and limited specific information which is an insufficient basis to invest in any stock, yet alone a penny stock; accordingly, you should proceed with an investigation to determine, among other things, information pertaining to the issuer’s financial condition, operations, business model, and risks involved in the issuer’s business.
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to or circulate any publication or communication that describes security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration.