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Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended.  Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements".  Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or by statements indicating certain actions "may", "could", "should" or "might" occur.

ThinkEquity and/or its affiliates or associated persons may or may not have a financial interest in any security of the issuer whose securities are being recommended.  ThinkEquity may or may not have been a manager or co-manager of a public offering of any securities of the issuer in the past 12 months, for which it received fees.  Such economic relationships are described in the “Disclosure Section” in each report wherein the company is mentioned. The Research Analyst who prepared these research reports/documents does not hold a position in the securities discussed in the report.  Unless specifically mentioned in the company disclosures, ThinkEquity did not make a market in the securities mention within the research report at the time of publication.  The report may discuss numerous securities, some of which may not be qualified for sale in certain states and may therefore not be offered to investors in such states.  The ”Recent Price” stated on the cover page reflect the nearest closing price prior to the date of publication.

ThinkEquity discloses in its research reports, in accordance with applicable law and regulation, conflicts of interest, including those of the Firm and the Analyst, that are or  may be material in the context of the relevant report. Please review the important disclosures at the end of every ThinkEquity Research publication.  You may also contact ThinkEquity at 17 State Street, 22nd Floor, New York, NY 10004, phone number 646-3688-9355, for further clarification.