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Livingston Securities, LLC, its affiliates, officers, directors, employees or shareholders do not accept responsibility or liability for direct, indirect, special, consequential or other losses or damages of any kind arising from the use of its commissioned, third party research publications by any party.

The information in these reports are for informational purposes only and is therefore, not intended to provide tax, legal or investment advice. You should not rely on any material provided in these reports and should seek independent advice wherever necessary.

Livingston Securities, LLC may perform services for or solicit business from issuers featured in the research reports it has commissioned, and/or have a position or holding, or other material interest, or effect transactions, in such securities or derivatives thereof, or other investments related thereto. In addition, Livingston Securitiesmay have, within the last three years, served as a selling group member of a public offering of securities for, any or all of the entities mentioned in the reports or may be providing, or have provided within the previous 12 months, advice or investment services in relation to the investment concerned or a related investment.