Disclosures:

Intellectual Property

The accompanying material is copyright 2000 to 2008 by Disclosure Insight, Inc. All rights are reserved. The works of authorship contained in the accompanying material, including but not limited to all data, design, text, images, charts and other data compilations or collective works are owned by Disclosure Insight, Inc. or one of its affiliates and may not be copied, reproduced, transmitted, displayed, performed, distributed, rented, sublicensed, altered, or stored for subsequent use, in whole or in part in any manner, without the prior written consent of Disclosure Insight, Inc.

Photocopying or electronic distribution of any of the accompanying material or contents without the prior written consent of Disclosure Insight, Inc. violates U.S. copyright law, and may be punishable by statutory damages of up to $150,000 per infringement, plus attorneys’ fees (17 USC 504 et. seq.). Without advance permission, illegal copying includes regular photocopying, faxing, excerpting, forwarding electronically, and sharing of online access.

Disclosure Insight®, D.I. Score™, D.I. Profile™, D.I. Index™, D.I. Database^®, D.I. Report^®, D.I. Watch List^®, D.I. Focus List^®, D.I. Mailbox™, Better Disclosure for Better Decisions®, 5 Years of Analytical Research in One Report™, and Just Because its Public Information Doesn’t Mean its Public Knowledge™ are service/trademarks of Disclosure Insight, Inc. and are proprietary.

United States patents are pending on the DI Score™ risk-rating methodology as well as certain business processes employed by Disclosure Insight, Inc.

Information Provider/Publisher

Disclosure Insight, Inc. is an information publisher only. We gather data and records on public companies, analyze them, and publish our findings.

We frequently employ open records law, such as the Freedom of Information Act and other legal means to acquire data and records. We strive to conduct a thorough review and analysis of the records we receive in conjunction with a wide array of data points. This in-depth analytical exercise can lead to our assigning a risk rating to a company. The risk ratings assigned by Disclosure Insight, Inc. and any accompanying written work is then posted to our website and communicated to subscribers. Risk ratings are also maintained on either the D.I. Focus List® or the D.I. Watch List®.

Where we express opinions about public companies, they are strictly in relation to, and based on other data, information, and/or documents Disclosure Insight, Inc. has in its database or has acquired. Disclosure Insight, Inc. makes no representations regarding the materiality, completeness or accuracy of any information or documents we provide. Questions regarding the same should be directed to the referenced company or companies.

While Disclosure Insight, Inc. may assign risk ratings and/or express opinions regarding the risk profile of companies, it is not in any way acting in the capacity of a financial advisor or broker/dealer. Disclosure Insight, Inc. is not registered as an investment adviser. We rely upon the "publishers' exclusion" from the definition of investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940, as amended, and corresponding state securities laws. As such, Disclosure Insight, Inc.does not offer or provide personalized advice. We publish information about companies in which we believe our readers may be interested and this information reflects our sincere opinions. The information that we provide or that is derived from our website is not intended to be, and should not be construed in any manner whatsoever as, personalized advice. Also, our website and the information provided by us should not be construed by any subscriber or prospective subscriber as Disclosure Insight, Inc.'s solicitation to effect, or attempt to effect, any transaction in a security. The information that we provide or that is derived from our website should not be a substitute for your own due diligence which may include advice from an investment professional.

Much like any media outlet, Disclosure Insight, Inc. routinely receives “tips” and requests from subscribers and others suggesting companies to research. Subscribers may also submit a list of those securities that they like to be kept informed about. We may or may not act upon these tips, requests, and/or watch lists and make no representations regarding the criteria we employ in deciding the same. Subscriber interest or tips have no influence whatsoever on the content of the printed research itself. Research is never customized to the individual needs of any subscriber or reader. Regardless of a tip, request, or presence of a name on a subscriber’s watch list, all reports are posted to our website. As such, they are equally disseminated and available to all subscribers at the same time.

From time-to-time individual subscribers or prospective subscribers may speak to us regarding our research reports or the process employed in creating these reports. To the extent we engage in these discussions they are typically in relation to, and based upon, the processes employed by Disclosure Insight, Inc. in developing these reports, or on other data, information, and/or documents Disclosure Insight, Inc. has in its database or has acquired. Such conversations may be focused on how open records and similar laws work. They may also include background on practice and procedure of the Securities and Exchange Commission. We do not release information in these discussions that is not already reflected in our published work. At no time in these conversations will we provide personalized or individualized investment advice nor will we respond to questions regarding a subscriber’s individual circumstances. In addition, at no time in these conversations will we solicit to effect, or attempt to effect, any transaction in a security.

From time-to-time individual subscribers or prospective subscribers may ask us to engage our information/records acquisition capabilities to acquire specific records through various lawful means such as the Freedom of Information Act. At our discretion, we may choose to engage in this information-gathering activity, typically for a negotiated fee. Depending on the interest that we perceive such information may have to the broader subscriber base, we may or may not make these records available to all subscribers. We make no representations regarding the criteria we employ in deciding whether to release such records other than to say that certain subscribers may request that we not release such records. In the instances where such records are not released publicly, we do not analyze or express opinions on the information acquired. We are acting purely in the role of information/records acquirer. In those instances where we do analyze or express opinions on the records acquired, such analysis and/or opinions are posted to our website. As such, they are equally disseminated and available to all subscribers at the same time.

Privately-Held Company

Disclosure Insight, Inc. is a privately-held publisher that is not in any way affiliated with the U.S. Securities and Exchange Commission (“SEC”) or any other branch or agency of government. Disclosure Insight, Inc. is affiliated with FOIA Insight, Inc., both of which are private companies that currently are under common ownership. Any of them may file open records requests from time-to-time. Disclosure Insight, Inc. and FOIA Insight, Inc. presently rely entirely on the resources of Disclosure Insight, Inc. and its principals, employees, affiliates or agents to conduct their business.

Potential Conflicts of Interest

Disclosure Insight, Inc. places severe restrictions on the personal trading in securities by all employees of the company. This includes prohibiting its employees from initiating new positions, either short or long, in any individual public company securities, or derivatives thereof, that they did not own prior to joining Disclosure Insight, Inc. On a severely limited basis, we will permit employees to engage in trading of the sort required to liquidate legacy positions they may have held prior to joining our firm. Employees and principals of Disclosure Insight, Inc. can, and frequently do, invest their personal wealth in securities such as mutual funds, index funds, exchange-traded funds (ETF’s), blind trusts, or other investment vehicles deemed appropriate to eliminating personal trading by our employees as a potential conflict of interest.

Neither Disclosure Insight, Inc., or FOIA Insight, Inc. engage in investment banking activities or take any security positions, except those necessary for routine corporate treasury functions.

The CEO/President of Disclosure Insight, Inc. owns First Watch Investment Advisors, LLC, “First Watch”) a registered investment adviser. First Watch is a fee-only investment adviser that primarily provides investment advice to clients regarding matters of asset allocation, investment policy, and mutual fund selection. As an entity, First Watch is not a broker-dealer, does not engage in investment banking activities, and takes no security positions except those necessary for routine corporate treasury functions. First Watch may oversee the retirement and other accounts for employees of Disclosure Insight, Inc. Investments in those accounts are limited to mutual funds, index funds, exchange-traded funds (ETF’s) and, from time-to-time, individual municipal or other bonds. For more information on First Watch, go to www.fwinvest.com.