Hedge Synergy is a web site, not a hedge fund. The publisher of this web site has never managed a hedge fund or any other investment fund. He is not an investment adviser or financial analyst. He has no previous experience in the financial services industry and definitely lacks any financial pedigree.

This web site is designed for educational purposes only. This is not an offer or solicitation for a hedge fund.

Nothing on this web site should be interpreted as investment or financial advice. Hedge Synergy Ltd. its principals and related parties cannot guarantee the accuracy, completeness or timeliness of any of the information on the web site, including, but not limited to information originated by Hedge Synergy Ltd., or gathered by Hedge Synergy Ltd. from publicly available sources. Hedge Synergy Ltd. its principals and related parties shall have no liability, contingent or otherwise, for the accuracy, completeness or timeliness of the information or for any decision made or action taken by you in reliance upon the information from Hedge Synergy Ltd.

Reference to any specific securities or investments does not constitute an offer or recommendation to buy or sell any particular securities or investments. Past results are not necessarily indicative of future performance.

The selection of securities listed in the long (short) portfolio is based on a determination that their intrinsic value, as calculated by HedgeSynergy.com, is greater (less) than their market value — it is not meant to be a comment or opinion on the overall financial condition, quality of management or the future prospects of the companies mentioned.

All information on HedgeSynergy.com is provided free to the general public. HedgeSynergy.com charges no subscription fees and has no clients. The principals and related parties of Hedge Synergy.com receive no compensation directly or indirectly for their contribution or work on the HedgeSynergy.com web site - except for ad income from Google advertisements and gains (if any) from trading of securities and investments listed on the web site.

Principals and related parties of HedgeSynergy.com may at times have positions in the securities and/or investments referred to on HedgeSynergy.com and may make purchases or sales of those securities and/or investments prior to the publication of those securities and/or investments on the HedgeSynergy.com web site.

The presence of a link to a web site does not indicate approval or endorsement of that web site or any services, products, or opinions that may be offered by them.

The information on this web site is offered with the understanding that Hedge Synergy Ltd., its principals and related parties are not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.All strategies and proposals presented on this web site should be thoroughly analyzed before you attempt to implement them.

"Hedge Synergy" is a registered trademark.