XXII EGR Report Disclosure

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All information listed within and posted on EmergingGrowth.com was prepared by a third party or by EmergingGrowth.com (EG) based upon information supplied by but not limited to the following: the company discussed, SEC Filings, Research Reports, Press Releases, News Releases, Company web sites, news sources, other sources of publicly available information believed to be reliable. Any forward looking statements including any projections of including but not limited to sales, revenue, earnings, etc. are of a best case scenario and were supplied by the company.

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The companies profiled, on or other data contained in Electronic EG Content may or may not have approved the statements made herein or therein. Electronic EG Content contains forward-looking statements that involve risks and uncertainties. A company’s actual results could differ materially from those described in any forward-looking statements or announcements discussed in Electronic EG Content. Any news releases, continuing information or links to EG or about EG or to http://EmergingGrowth.com or any Electronic EG Content may or may not have been written, posted or approved by EG. All material is for informational purposes only and should NOT be construed as an offer or solicitation to buy or sell securities. EG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst, or underwriter, neither with any state nor federal securities regulatory authority.

Neither the information presented in Electronic EG Content nor any statement or expression of opinion, or any other matter herein, directly or indirectly should be construed as a representation or solicitation by EG to invest, purchase, hold or sell securities of any companies profiled in Electronic EG Content and any decision to invest in any such company or other financial decisions should not be made based upon the information provided in Electronic EG Content. Instead, EG urges you to conduct a complete and independent investigation of any companies or securities you are considering an investment in and consider all pertinent risks. EG does not offer advice or analysis. Always remember that investing in securities such as the ones listed within are for high-risk tolerant individuals only and not the general public. Whether you are an experienced investor or not, you should always consult with a stockbroker, financial, advisor or similar, before purchasing or selling any securities viewed in Electronic EG Content. Investing in micro / small cap, growth securities and other securities can be highly lucrative and carries an extremely high degree of risk. It is possible that an investor’s FULL investment may be lost or impaired due to the potentially high risk nature of any company profiled. If you have any questions you can contact us directly at [email protected]

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The Emerging Growth Conference:

In addition to any other services provided by EG, Companies that present on the Emerging Growth Conference pay Emerging Growth $7,500.00 quarterly for the following services: a. Give at least one presentation on the Emerging Growth Conference (the “Presentation”); b.Host a page on EmergingGrowth.com by which the company can send EG content to publish on its page (the “Profile Page”), manage and send emails regarding corporate updates to those who have viewed a respective Company’s Presentation and / or has signed up to receive updates regarding that company on the  respective Profile Page.

The Emerging Growth Conference serves as a vehicle for Emerging Growth to build relationships with our existing and potential clients.  Accordingly, a certain number of the presenting companies are our current clients, and some may become our clients in the future.  In exchange for services we provide, our clients pay us fees in the form of cash and securities, and we may currently have, or in the future may have investments in the securities of certain of the presenting companies. Finally, certain of the presenting companies have paid us a fee to secure a presentation time slot or to present generally. The presentations to be delivered by the presenting companies (including any handouts of written materials) have not been approved, endorsed by or otherwise reviewed by EG nor should they in any way be construed to have been made in connection with an offer to sell or a solicitation of an offer to buy securities. Please consult an investment professional before investing in anything viewed on the Emerging Growth Conference or on EmergingGrowth.com.

Emerging Growth Research Reports (“EGR Report(s)”):

Emerging Growth.com (“EG”) is a publisher and distributor of branded investment research reports provided by Emerging Growth Research LLC (“EGR Report”) focused on both public and private companies.  This report was prepared for institutional and professional investors ONLY and it is also known as Company Sponsored Research (“CSR”). Collectively, however (“EGR Report(s)”) and (“EGR Content”)

EGR Reports are provided to GDG, displayed on Emerging Growth.com in various locations and distributed by Emerging Growth.com under a License Agreement between Global Discovery Group, Inc. and Emerging Growth Research LLC, (“EGR”) which is not affiliated (except by license agreement), with Global Discovery Group, Inc. or Emerging Growth.com. (the “License Agreement”)

Be advised that this EGR Report is being provided by Emerging Growth Research LLC (EGR) solely for informational purposes, is not the opinion of EG, should not be construed as an offer or solicitation to buy or sell securities, and should not be considered in any decision to buy or sell any security mentioned within the EGR Reports. All information contained in the EGR Report as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive, timely, or correct. The information includes certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. Because EGR is compensated as detailed herein and EG receives Licensing fees from EGR, as also detailed herein EG and EGR have a conflict of interest and strongly urges you to consult your own independent financial, investment, tax and legal advisors prior to purchasing or selling any securities mentioned herein.

EGR receives fees that can be paid up front or over the course of the coming months for services which can include an initial report, quarterly update reports and additional flash reports.  Companies who have commissioned CSR may have also received or will receive quarterly and / or monthly presentation spots on the Emerging Growth Conference. EG receives Licensing Fees for publication and distribution of the EGR Reports by EGR. (the “License Fees or Fee or Fees”) The License Fees and the other fees above can vary due to many contributing factors such as but not limited to the amount of work and time required to complete each EGR Report and CSR and the mount of Conferences each company appears on.

EGR has received forty thousand dollars and has paid EG sixteen thousand eight hundred sixty two dollars and 50 cents in Licensing Fees and to appear on the Emerging Growth Conference.  EGR can receive an additional 0 dollars and EG can receive an additional 0 dollars in Licensing Fees and to appear on future Emerging Growth Conferences.

EG does NOT receive stock, warrants, options or other equity compensation for EGR Reports or CSR.

The analyst that has prepared and is responsible for the content of this report has represented that neither he/she, nor any of his/her associates both professional and personal, to the best of his/her knowledge have no personal or professional relationship with any of the companies or principals of any companies mentioned within, other than providing services that EGR may offer.

Targets, forecasts, estimates, valuations, ratings and opinions concerning the subject company or its securities, and information involving composition of market sectors included in any EGR Report reflect analyst judgments as of this date and are subject to change without notice or distribution. It should be presumed that the analyst who authored this report has had discussions with the subject Company and that the Company has had the opportunity to make and suggest changes to the EGR Report.

It is the intent of EGR to provide continuing coverage on a quarterly basis, or otherwise for the subject company of this report; however, EGR will not notify readers of this report if coverage by EGR, for any reason is terminated.

Again, all information contained herein should be independently verified by your own research and your own independent financial, investment, tax and legal advisors prior to purchasing or selling any securities mentioned herein.

Please email [email protected] with any questions regarding any EGR Reports.

Additional CSR / EGR Reports Risk Considerations:

Many companies covered in EGR Reports / CSR can be classified as microcap stocks, which typically bear certain risks that are not as prevalent in the “Blue Chip,” large capitalization, mid-capitalization, or even the small capitalization segment of the market. Microcap stocks  generally have smaller trading volume and smaller public floats than companies with larger market capitalization, which can lead to an inability to buy or sell shares (liquidity risk) in quantity without moving the market (or at all), large bid-ask spreads, and increased stock price volatility (which can result) even if a trade involves a very small number of shares. In addition, microcaps tend to have significant company-specific risks that contribute to lower valuations and may limit stock price appreciation. Investors need to be aware of the higher probability of financial default and a higher degree of financial distress inherent in the microcap segment of the market. Given the foregoing, readers of this report are urged to pay special attention to the risk rating and risk factors set forth in this report, as well as to seek more detailed information regarding risks by reviewing the company’s public filings (or lack of filings as some companies do not report to FINRA or the SEC) at www.sec.gov, or OTCMarkes.com or any financial website or portal where such filings exist.  If you don’t know where to find them, you should not be investing in Microcap stocks.

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The reader or user of this content agrees that neither EGR and / or EG nor the analysts, directors, officers, employees, representatives, independent contractors, agents or affiliates of EGR and EG shall be liable or held liable for any omissions, errors or inaccuracies, regardless of cause, foreseeability or the lack of timeliness of this or any of our other reports to users. This lack of liability extends to direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, losses, lost income, lost profit or opportunity costs.

Helpful links:

EG urges users of Electronic EG Content who are considering an investment in a Specific company to check the company’s filings with the Securities and Exchange Commission (“SEC”) on the SEC’s Edgar Web site located at http://www.sec.gov or the National Association of Securities Dealers (”NASD”) at www.nasd.com. The NASD has published information on how to invest carefully on its website. We also strongly urge that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm.
 
We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.
 
As some of the companies that are mentioned in Electronic EG Content may be traded on the pink sheets, these companies are more difficult to gather information on. For these, we recommend you visit http://www.OTCMarkets.com for more information.

Again, always remember that investing in securities such as the ones listed within are for high-risk tolerant individuals only and not the general public. Whether you are an experienced investor or not, you should always consult with a stockbroker, financial, advisor or similar, before purchasing or selling any securities viewed in Electronic EG Content.

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Safe harbor:

The Private Securities Litigation Reform Act of 1995 provides investors a “safe harbor” in regard to forward-looking statements. EG cautions all investors that such forward-looking statements in any Electronic EG Content are not guarantees of future performance. Unknown risk, including but not limited to bankruptcy, uncertainties, fraud, stock manipulation as well as other uncontrollable or known, or unknown factors may cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. Smaller companies may have a higher likelihood of failing and / or filing for bankruptcy. Investors are urged to do their own research regarding the dangers of potential failure and / or bankruptcy filings as well as all other risks associated with companies who may have a “going concern” disclosure in their filings. The profiled company may have to raise additional capital to remain solvent. Investor awareness distribution programs can materially affect the price of the company’s stock. EG assumes no responsibility and no liability for any corporate Press Release or other information believed to be reliable. EG performs and participates at times in investor awareness programs. When used, the words “anticipate,” “believe,” “estimate,” “expect,” and similar expressions as they relate to the Company, its management, financials, or forward looking statements are intended to identify such forward-looking statements. The Company’s actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward looking statements. EG distributes its Electronic EG Content through Electronic EG Content distribution networks (defined above) and by investor awareness advertising programs to various types of investors. Recipients such as readers, listeners, or viewers of such distribution may be short-term investors such as day traders, traders, retail investors, institutions, and/or long term retail and institutional investors. These Recipients by means of their investment strategies may create volatile trading prices. EG reserves the right, in its sole discretion, at any time, and without any obligation, to make changes in any way to, or correct any error(s) or omission(s) in any portion of the Electronic or other content or materials.

Additional compensation:

In addition to any compensation mentioned herein, additional compensation can be equal to up to ten percent of any newly issued or registered securities of the profiled companies during the agreement term with The Public Company. EG’s compensation and possible equity position constitutes a conflict of interest in EG’s ability to remain objective with regard to any Electronic EG Content. EG lists companies (both public and private) for informational and advertising purposes only and does not recommend any company listed within. EG receives a fee from companies (both public and private), third parties or promoters for the advertising of a specific company on the home page and / or any other location within its website or on any Electronic EG Content.

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