Disclaimer
THIS AGREEMENT DESCRIBES YOUR RIGHTS AND RESPONSIBILITIES. PLEASE READ IT CAREFULLY.
GreenRoomStocks.com is an independent, membership-based web site providing information for individuals looking for securities trading education and ideas on selected public companies that, in the opinion of GreenRoomStocks.com, have investment potential. GreenRoomStocks.com does not advise investors to buy or sell securities. GreenRoomStocks.com does not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio or investment strategy. While it is GreenRoomStocks.com goal to locate and research equity investments in companies that have the potential for appreciation, investments in equity securities are risky and use of the information provided by GreenRoomStocks.com is at the investor's sole risk. Investors should not rely on the information provided by GreenRoomStocks.com rather, investors should use the information appearing on GreenRoomStocks.com as the starting point for doing additional independent research on the companies mentioned in order to allow the investor to form his or her own opinion regarding investing in the companies mentioned. GreenRoomStocks.com makes no representation that any account will, or is likely to, achieve profits or losses similar to those shown. Trading stocks based on the information provided by GreenRoomStocks.com may not be suitable for all users of this web site. You, the investor, not GreenRoomStocks.com assume the entire risk of any trading that you choose to undertake.
We are a financial publisher and do not provide personalized trading or investment advice. We are not financial advisors, stockbrokers, or broker-dealers. We publish information regarding companies in which we believe our subscribers may be interested and our reports reflect our sincere opinions. However, the information in our publications are for informational and educational purposes only, and is not intended to be personalized recommendations to buy, hold, or sell securities, as we have no knowledge of your financial goals, responsibilities, portfolio size, appetite for risk, etc. GreenRoomStocks.com is not in the business of providing tips or buy or sell recommendations. GreenRoomStocks.com is in the business of educating investors and providing up-to-date investment tools to assist investors in making their investment decisions.
In considering whether or not to trade securities, you should consider the following points:
1. Past performance is not necessarily indicative of future results. All investments carry risk and all trading decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any kind of trading or investing they choose to do.
2. Because some of the trades underlying these examples have not actually been executed by us, but are trades identified by our system of selecting stocks, the results may understate or overstate the impact of certain market factors, such as lack of liquidity (discussed below).. We make no representations or warranties that any account will or is likely to achieve profits similar to those shown, because past performance is not necessarily indicative of future results.
3. Don't enter any trade without fully understanding the worst-case scenarios of that trade. Trading securities can be extremely complicated, so make sure you understand these trades before entering into them. For example, aggressive positions have a greater probability of losing, while less aggressive positions are less likely to yield substantial profits.. Don't enter any trade without fully understanding the worst-case scenarios of that trade.
4. As a financial publisher, we are not legally permitted to offer personalized trading or investment advice to our subscribers. If a subscriber chooses to engage in trading or investing that he or she does not fully understand, we may not advise the subscriber on what to do to salvage a position gone wrong. We also may not address personal trading or investing ideas with subscribers. Therefore, subscribers will need to depend on their own mastery of the details of trading and investing in order to handle problematic situations that may arise, including the consultation of their own brokers and advisors as they deem appropriate.
5. Profits can be lost if they are not taken at the right time. Subscribers are advised to take profits at whatever point they deem optimal, regardless of the profit target set. Subscribers are free to follow the ideas and targets that we set for any given security, follow them in part, or ignore them altogether. If a subscriber believes a given profit is at risk, the subscriber should take the profit. Similarly, if a subscriber feels a position is likely to lose value, or a losing position is likely to fall further, the subscriber can choose to exit at any time to preserve capital. The final decision as to when to take profits remains in the sole discretion of the subscriber, keeping in mind that profits can be lost if they are not taken at the right time.
6. Trading includes commissions that can cut into profits. Trading can involve margin accounts using leverage, risking more money than you may have invested in total. People new to trading should consider all these factors, also consider that while there is a significant risk in all trading, that risk is far greater during the learning process. Please consider all risks and costs invloved before placing any trades involving your capital.
7. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. Similarly, using "market orders" can be very risky, since large gaps can occur in price movements of active stocks.
8. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur when the market for a stock suddenly drops, or if trading is halted due to recent news events or unusual trading activity as well as other reasons. The more volatile a stock is, the greater the likelihood that problems may be encountered in executing a transaction.
9. In addition to normal market risks, you may experience losses due to system failures. The firm and its clearing broker rely upon sophisticated computer technology to execute transactions, which are subject to failure due to a variety of factors. Among other events, you may experience losses due to: system crashes, the loss of orders and, delayed, conflicting and inaccurate confirmations on orders or cancellations that you initiate.
10. The use of any margin or leverage in an account can work against you as well as for you. Leverage can lead to large losses as well as gains. You may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position, and you may incur losses beyond your initial investment. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the required funds within the time required, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account.
11. You should consult your broker concerning the nature of the protections available to safeguard funds or property deposited in your account.
ALL OF THE POINTS NOTED ABOVE APPLY TO BOTH STOCK AND OPTION TRADING OF DOMESTIC EQUITY SECURITIES. THE RISK OF LONG TERM, SHORT TERM, DAY TRADING AND/OR OPTION TRADING MAY BE SUBSTANTIAL. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF TRADING. ONLY RISK CAPITAL SHOULD BE USED FOR TRADING.
GREENROOMSTOCKS.COM, IT’S OFFICERS, EMPLOYEES, AND AFFILIATES SPECIFICALLY DISCLAIM ANY PERSONAL LIABILITY, LOSS OR RISK INCURRED AS A CONSEQUENCE OF THE USE AND APPLICATION, EITHER DIRECTLY OR INDIRECTLY, OF ANY INFORMATION PRESENTED BY GREENROOMSTOCKS.COM THROUGH CLASSES, TUTORING, WEB SITES, WRITTEN MATERIALS, AND ANY OTHER FORM, TRANSMITTED VIA ANY MEDIUM.
The GreenRoomStocks.com web site and all Content and online support services are designed to create a forum which can help readers obtain financial information and discuss ways to make personal investment and financial decisions. This information is provided by our staff, other contributors, and subscribers, many of whom use anonymous screen names and are people we may not know.
As such, we recognize that people sometimes post messages or make statements in our chat rooms that are misleading, deceptive or dishonest. Whether intentionally or unintentionally this is done without authorization from or knowledge of by GreenRoomStocks.com, and as such we take no responsibility for any such content. The SEC, NASDR and the NASAA maintain outstanding Web sites at http://www.sec.gov and http://www.nasdr.com, and http://www.nasaa.org respectively that explain many of these issues in much more detail.
Links to Other Websites: The Site may contain links to and/or advertisements for other Internet websites or resources. We neither control nor endorse such other websites, nor have we reviewed or approved any content that appears on such other websites. You acknowledge and agree that we shall not be held responsible for the legality, accuracy, or inappropriate nature of any content, advertising, products, services, or information located on or through any other websites, nor for any loss or damages caused or alleged to have been caused by the use of or reliance on any such content.
Content
Content is defined as any information, communications, software, photos, video, graphics, music, sounds, and other material and services found on/through the GreenRoomStocks.com Web site. This includes, but is in no way limited to message boards, chat, and other original Content. By accepting this agreement, you agree that all Content located at the GreenRoomStocks.com Web site is the sole property of GreenRoomStocks.com and may not be reproduced without prior written consent of GreenRoomStocks.com. All Content herein is protected under US and international copyright laws and is intended for the personal use only of the registered member. You can not: modify, publish, retransmit, participate in the transfer or sale of, further copy, create derivative works from, distribute, perform, or display, any of the Content in any way, except that you may make one copy for your personal use.
GreenRoomStocks.com provides information, commentary, and entertainment on a broad range of topics. You agree that under no circumstances, and in no event, shall GreenRoomStocks.com.com be liable for direct, indirect, or incidental damages resulting from your use of that information, commentary, or entertainment. You agree to indemnify GreenRoomStocks.com and hold it harmless from any actions, claims, proceedings, or liabilities arising from your use of the Content.
You agree that GreenRoomStocks.com has unlimited license to republish anything that you post anywhere on our Web site. GreenRoomStocks.com shall only republish such posts in context.
Conduct
You agree to use GreenRoomStocks.com's Web site, Content and services for lawful purposes only. You may not:
1. Re-transmit, reproduce, or rebroadcast any secure, copyrighted, proprietary, or otherwise secure material from us intended for use solely by our paying customers; post or submit any hateful, threatening, vulgar, pornographic, or any other statements that may make uncomfortable other members of the GreenRoomStocks.com community. This includes any matters relating to race, sex, ethnicity, religious or political affiliation, etc.
2. Impersonate any person or entity, or falsely state or otherwise misrepresent your affiliation with a person or entity;
3. Post, transmit, or facilitate the transmission of statements that are intentionally false or misleading, or use such statements to manipulate the market for any security; promotional materials for any other businesses, investment opportunities, websites, etc.
4. Offer, sell, or purchase any registered or unregistered security;
5. Intentionally violate any applicable local, state, national, international or foreign law, including regulations promulgated by such governmental entities as the U.S. Securities and Exchange Commission or other securities exchange, including, without limitation, the New York Stock Exchange, the American Stock Exchange, or the NASDAQ.
Privacy
It is the policy of GreenRoomStocks.com to take reasonable measures to respect the privacy of our users. GreenRoomStocks.com will take reasonable measures not to disclose information about you or the contents of your communications, other than Content that is publicly available or accessible via our Web site, Content and/or services. However, GreenRoomStocks.com reserves the right to disclose any/all information it may possess about any user (including identifying information) if such action is reasonably necessary to comply with any legal issue or to protect the rights, privacy, or security of another member. By accepting the terms of service you also agree to receive informative and promotional emails from us, including our free weekly newsletter, market alerts and special offers on products and services. You may opt out of the email list at any time. You agree that you will be held responsible for any and all statements made and acts or omissions that occur through the use of your membership and password. Please don't ever disclose your password. You agree that GreenRoomStocks.com may at any time, and at its sole discretion, terminate your membership without prior notice to you for violating the above provisions - and that in such an event you will not be entitled to receive a refund for any unused portion of your subscription.
While GreenRoomStocks.com does not and cannot review all transmissions by users in the forum, you acknowledge that GreenRoomStocks.com reserves the right to, and may from time to time, monitor any and all information transmitted or received through GreenRoomStocks.com 's Web site, Content or services. GreenRoomStocks.com, at its sole discretion and without further notice to you, may review, remove or prohibit the transmission or receipt of any information (including posts to chat rooms, blogs or message boards) which GreenRoomStocks.com deems inappropriate or that violates any term or condition of this agreement. You agree to indemnify, defend and hold harmless GreenRoomStocks.com from and against any claim, liability, cost, damage or loss it may incur (including, without limitation, attorneys fees) as a result of any violation by you of your obligations under this agreement.
Disclosure Policy
GreenRoomStocks.com and its officers, employees, and/or affiliates may or may not buy, sell or hold positions in any of the securities mentioned in any of the portfolios, chat rooms, chart shows, newsletters, blogs, tutoring sessions, and anywhere else stocks may be mentioned by us. Actually, there is a very good chance that we will hold positions, since we sincerely believe that they are going in the direction that we are suggesting to our subscribers. We will disclose to our subscribers anytime we hold a position in any of the securities played in any of our end of day portfolios.
Disclaimer of Warranties and Liability
GreenRoomStocks.com cannot and does not warrant the completeness, reliability, availability, usefulness, or content of the information, products or services, and warranties of title, non-infringement, merchantability or fitness for a particular purpose. Further, you agree that GreenRoomStocks.com shall not be held liable to anyone for any loss or injury resulting from the direct or indirect use of GreenRoomStocks.com 's Web site, Content, services, classes, tutoring, or any of the ideas, examples, or techniques discussed therein. This includes, but is not limited to, loss or injury caused in whole or in part by its negligence or by contingencies beyond its control in procuring, compiling, interpreting, reporting or delivering any portion of GreenRoomStocks.com 's Web site, Content or services.
All Content and/or services are provided "as is" without warranty of any kind, either express or implied, including, without limitation, any warranty for information, data, services, uninterrupted access, or products or services provided through or in connection with GreenRoomStocks.com 's Web site. This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, or use of record, whether for breach of contract, tort, negligence, or under any other cause of action.
You agree that you bear responsibility for your own investment research and investment decisions, and that GreenRoomStocks.com shall not be liable for any decision made or action taken by you or others based upon reliance on news, information, or any material published by GreenRoomStocks.com, or any techniques or securities examples used in any chat discussion, blog, newsletter, or tutoring session group or individual. All information provided on GreenRoomStocks.com 's Web site, Content and services is to be used on an "as is, with all faults" basis. GreenRoomStocks.com com relies on various sources of information that we believe to be accurate and reliable. However, GreenRoomStocks.com makes no claims or representations with regard to the accuracy, completeness, or truth of any material contained herein.
Neither any of the information, nor any opinion expressed anywhere in GreenRoomStocks.com 's Web site, Content or services constitutes a solicitation or recommendation to purchase or sell a security, or an option on a security, or to provide investment/financial advice. Always verify information with your stockbroker or financial advisor before making a trade or acting on such information. We will not be liable for any errors or delays in the Content or any action taken based thereon.
If you are a GreenRoomStocks.com member, and you have reason to believe that your account is no longer secure; you must promptly change your password by updating your account information, and immediately notify us via electronic mail at info@greenroomstocks.com. YOU ARE SOLELY RESPONSIBLE FOR MAINTAINING THE CONFIDENTIALITY OF YOUR USERNAME AND PASSWORD AND FOR ANY AND ALL ACTIVITIES THAT ARE CONDUCTED THROUGH YOUR ACCOUNT.
Payment for your subscription is due in advance of the subscription period you select. You may cancel your membership at any time for a pro-rated refund for the unused portion of your membership period, with the exception of the first months payment. Because it is a cost to us in terms of both time and money involved with accounting and book keeping, we will refund for half of the first month charge for trial subscribers who neglect to cancel their membership on time, keeping the other half to cover our accounting and processing fees, providing subscribers cancel within the first 15 days of the original charge. After that a pro-rated refund will be issued. Similarly, we cannot be responsible for anyone signing up for a the wrong subscription and/or multiple subscriptions. We will try and alert subscribers to their errors if and when we catch them, however no refunds will be given for user error in subscribing twice or subscribing to the wrong level of service once payments have been processed. Please monitor your paypal account closely to avoid any such charges, as they are the sole responsibility of you, the subscriber, and no refunds will be given, as they cost us time and money in accounting and processing fees. All other pro-rated refunds are calculated by monthly rate of services. No special offers or prices will be considered in any refunds. Your subscription will be charged and will renew automatically unless terminated by us in accordance with this Agreement or until you notify us of your decision to terminate your subscription. We do not keep records of your credit card information, however our credit card processing company, Pay Pal (www.paypal.com) may. The appropriate annual, monthly, or similar periodic fee for your subscription will be billed automatically at the beginning of each renewal period, to the credit card you designated during the registration process (or subsequently changed) unless you cancel your subscription before the renewal period begins. You agree to pay all fees and charges incurred in connection with your username and password (including any applicable taxes) at the rates in effect when the charges were incurred. You agree to pay all amounts due upon our demand. In the event we have to collect unpaid amounts you owe us, you will be liable for all attorneys' and collection agency fees.
Cancellation: You may cancel your subscription to GreenRoomStocks.com by contacting us via telephone or email. Cancellation will take effect no later than 3 business days after we receive your notification. Any delinquent or unpaid amounts must be paid in full before you may re-subscribe.
Termination: This Agreement shall remain effective until terminated in accordance with its terms. GreenRoomStocks.com may terminate this Agreement, and/or your access to and use of the Site or any portion thereof, immediately, in the event we determine, in our sole discretion, that you have breached this Agreement. In addition, we reserve the right, upon 10 business days notice and the reimbursement of any whole months remaining on your subscription, to terminate this Agreement without cause.
Indemnification: You agree to indemnify, defend and hold us, our officers, directors, employees, agents and representatives harmless from and against any and all claims, damages, losses, costs (including reasonable attorneys' fees), or other expenses that arise directly or indirectly out of or from
(a) your breach of this Agreement, including any violation of the Code of Conduct above;
(b) any allegation that any materials that you submit to us or transmit to the Site infringe or otherwise violate the copyright, trademark, trade secret or other intellectual property or other rights of any third party; and/or
(c) your activities in connection with the Site or any services related to the Site.
Mediation and Arbitration
Mediation:
With respect to any dispute between the parties that is to be resolved by arbitration, the parties shall attempt in good faith first to mediate such dispute and use their best efforts to reach agreement on the matters in dispute. Within 10 business days of the request of any party, the requesting party shall attempt to employ the services of a third person mutually acceptable to the parties to conduct such mediation within 30 business days of his or her appointment. If the parties are unable to agree on such a third person, or, if on completion of such mediation, the parties are unable to agree and settle the dispute, then the dispute shall be referred to binding arbitration.
Arbitration:
Any dispute between the parties that is to be resolved by arbitration shall be settled and decided by arbitration conducted by the American Arbitration Association in accordance with the Commercial Arbitration Rules of the American Arbitration Association. Any such arbitration shall be held and conducted in Carlsbad, California, or any other location agreed upon by GreenRoomStocks.com. The parties shall submit all disputes to one arbitrator who shall be selected by mutual agreement of the parties.
The provisions of the Commercial Arbitration Rules of the American Arbitration Association shall apply and govern such arbitration, subject, however, to the following:
(a) Any demand for arbitration shall be in writing and must be made within a reasonable time after the claim, dispute, or other matter in question has arisen. Failure to make such a demand for arbitration prior to institution of legal or equitable proceedings would waive the prevailing party's right to be awarded attorneys' fees and costs.
(b) The arbitrator or arbitrators appointed must be a former or retired judge or attorney with at least 10 years experience in financial or investment matters.
(c) All proceedings involving the parties shall be reported by a certified shorthand court reporter and written transcripts of the proceedings shall be prepared and made available to the parties.
(d) The arbitrator shall prepare in writing and provide to the parties factual findings and the reasoning on which the decision is based.
(e) Final decision by the arbitrator must be made within 30 days from the date the arbitration proceedings are completed.
(f) The prevailing party shall be awarded reasonable attorneys' fees, expert and non-expert witness costs and expenses, and other costs and expenses incurred in connection with the arbitration, unless the arbitrator for good cause determines otherwise.
(g) Costs and fees of the arbitrator shall be borne equally by the parties, unless the arbitrator for good cause determines otherwise.
(h) The award or decision of the arbitrator, which may include equitable relief, shall be final and judgment may be entered on it in accordance with applicable law in any court jurisdiction over the matter.
(i) The provisions of Title 9 of Part 3 of the California Code of Civil Procedure, including Section 1283.05, and successor statutes, permitting expanded discovery proceedings shall be applicable to all disputes which are arbitrated pursuant to this paragraph.
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