Disclaimer.

This communication has been created by Lupo Capital ("LC") solely to provide a forum for clients of LC to communicate with investors. LC is not in the business of trading, providing investment advice or providing any services beyond the investor relations services provided to its clients. 

This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any security. LC is neither making any investment recommendation nor providing any professional or advisory services relating to the matters described herein. Neither LC nor any of its businesses or representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of any information contained herein. LC does not accept any liability for losses, whether direct or consequential, resulting from the use of this communication. 

The substance of this communication in as an investor presentation by the identified client of LC and a question and answer session in relation to such presentation. Viewers are cautioned to review such presentation and the limitations and disclaimers set out therein. LC has not independently verified, and does not represent or warrant, any of the information in such presentation or related question and answer session. Viewers are also cautioned that such presentation and question and answer session may include forward looking information the nature and limitations of which are the responsibility of the presenting company and which are discussed in cautionary statements in the materials attached to such presentation. 

Views or opinions expressed herein represent the personal views of the presenter, do not necessarily reflect the views of LC or its affiliates. 

LC may, for its own account, have and effect transactions in securities mentioned herein, all without regard to the effect of such activities on the information contained in this communication. 

This communication is not intended to be investment advice of any type, and does not provide a sufficient basis for an investment decision and LC makes no investment advice or representation as to the suitability of any investment described herein. You should conduct independent due diligence when making an investment decision. In relation to any contemplated investment, viewers are reminded to review the company presentation and to seek the advice of a registered professional investment advisor. 

All information contained in this communication is subject to change without notice and LC does not assume any obligation to update the information. Subsequent events may have an adverse effect upon the information contained in this communication.