Disclosures

Important Disclosures for You to Understand:

Emerging Growth Research, LLC provides a unique service to both corporate issuers and small-cap investors. Simply put, there’s no other firm like us. We provide small-cap oriented investors exposure to some of the most exciting growth companies in the world. We do this through a combination of research reports and stock recommendations that have produced a winning track record since our firm’s inception. We also assist the corporate issuer in acquiring growth capital by investing our own funds and those of our many high net worth investor partners. Our track record in such endeavors is impressive due to our rigorous due diligence process conducted by our highly-experienced analytical staff. We take a hands-on approach in our investment activities: where we help guide the management team relative to future capital acquisition, shareholder and press communications, marketing strategies, and many other growth related aspects of their businesses. This unique combination of services is performed for our client companies and the investment community in appearance to the highest levels of ethical standards, securities regulations and good business practices.

Because our service is unique — in which we often receive compensation from the company’s we cover and oftentimes own a substantial amount of shares, which are usually restricted for long periods of time — it is important for you to understand the disclosures we are required by regulation to provide to you.  These are listed below.  Please feel free to contact us relative to these disclosures should you have any additional questions. It is also important to understand that because we do not require our clients to pay in cash for our services, we sometimes are sellers of the stocks from the companies we cover – this allows us to pay our staff and our expenses. Sometimes we are selling shares in our client companies at the same time we are talking about how much we like the shares. This in no way mean that we do not like the shares, but selling is often necessary to keep these robust programs going. By allowing our clients to pay for our services in restricted shares, the clients are able to use their cash to fund the programs to grow its sales. This benefits the shareholder in the long run.

Information, opinions, or recommendations contained in the Joe Noel and/or Emerging Growth Research, LLC website and blog are for informational purposes only.  The information used in statements of fact made has been obtained from sources considered reliable, but we neither guarantee nor represent their completeness or accuracy.  Such information and the opinions expressed are subject to change without notice.  All information provided, including research reports, is not intended as an offering or a solicitation of any offer to buy or sell the securities mentioned or discussed.  Emerging growth Research, its principles, or the assigned analyst may or may not own or trade shares, options, or warrants of this covered Company.  Emerging Growth Research, LLP, may or may not have received, or could possibly receive compensation for the production of research reports, blog entries, or other related services from the subject Company.  Additionally, the analyst responsible for the production of this report or Joe Noel may own common stock or warrants in the subject Company or companies.  This report should be considered a paid promotional piece and the author may or may not liquidate shares.  The views expressed in this Company research report accurately reflect the analyst’s personal views about any or all of the subject securities or issuers referred to in this Company report, and no part of the analyst’s or the firm’s compensation was, or will be directly or indirectly related to the specific recommendation or views expressed in this report.  Opinions expressed herein reflect the opinion of Emerging Growth Research, LLP and/or Joe Noel and are subject to change without notice.  We claim no responsibility to update the information contained in this report.  Investors should consider the suitability of any particular investment based on their ability to accept certain levels of risk, and should not rely solely on this report for information pertaining to the Company covered.  All investors who act upon our information do so understanding the high level of risk associated with owning the shares of emerging growth companies.  The material in this document is intended for general circulation only and the recommendations contained herein do not take into account the specific objectives, financial situation, or particular needs of any particular person.  Investors should also understand that we may be selling shares of stocks that we discuss as provides the casj flow streams to continue to cover our client companies. An investor should consult his/her investment representative regarding the suitability of this investment and take into account any specific investment objectives, financial situation, or particular needs before he or she makes a commitment to purchase the shares of this or any other Company’s stock.