Terms of Use

March 8, 2008

Please read this website access agreement and agree to the terms and conditions herein before using our website.

Zenway.com Inc.(“ZW”), its affiliates, officers, directors, partners, employees, independent contractors, and members of our global research network (collectively “we”), hereby provide you access to this website, other related websites, online research forums, research reports, emails, Superinvestor Digest newsletters, and all other information (collectively the “Websites”, “Sites” or “Content”), subject to the terms and conditions set forth herein.By using the Content, you agree to be bound by this Terms of Use (“TOU”) herein. If you do not agree to these terms and conditions, you should not use the Sites. We will not be held liable for any loss due to such usage.

Important Securities Disclaimer: You hereby agree and acknowledge that you understand the risks involved with investment products and that they are not FDIC insured, not bank guaranteed, and may lose value. You also understand that past investment performance is no guarantee of future results.

Content not to be construed as investment advice, solicitation or recommendation: You agree and acknowledge that all information via our Websites is prepared for informational purposes only without regard to any particular user’s investment objectives, financial situation, or means, and ZW is not soliciting any action based upon it. You understand that no Content herein is intended as individualized securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, strategy, security, or fund. As a New York-based Registered Investment Adviser, we offer advice only after a fully licensed representative has completed a careful review of an investor’s financial situation and risk tolerance. Nothing on the Web constitutes an offer or a solicitation to buy or sell any securities mentioned. Nothing on the Web is intended as specific investment advice and no individual should make any investment decision based solely on any recommendation or analysis provided on the Web. Reliance upon any opinion, advice, statement, memorandum, or information anywhere on this site is at the user’s sole risk, and each user bears responsibility for its own research and investment decisions. Certain transactions, including those involving futures, options, and high-yield securities, give rise to substantial risk and are not suitable for all investors. Although this material is based upon information that ZW considers reliable and endeavors to keep current, ZW has not verified this information and does not represent that this material is accurate, current, or complete and it should not be relied upon as such.

All risks are not disclosed; no determination of suitability has been made; professional advisors should be consulted: The fact that ZW has made the Content available to you constitutes neither a recommendation that you enter into a particular transaction nor a representation that any product described on this Web site is suitable or appropriate for you. Many of the products described involve significant risks, and you should not enter into any transactions unless you have fully understood all such risks and has independently determined that such transactions are appropriate for you. Any discussion of the risks contained herein with respect to any product should not be considered to be a complete disclosure of all risks. You should neither construe any of the material contained herein as business, financial, investment, hedging, trading, legal, regulatory, tax, or accounting advice nor make this service the primary basis for any investment decisions made by or on behalf of you, your accountants, or your managed or fiduciary accounts, and you may want to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions.

Information delay and potential conflict of interests: We may have already established positions in the investment ideas described herein. We may own, sell or buy any such security at any time. Any information posted here is solely the opinion of the posting member and does not represent the opinion of us. Such information may be inaccurate, unreliable, or incomplete. Additionally, postings viewable by the public is provided on a delayed basis, and therefore such information is likely to be out of date. All users should perform their own independent research and analysis before making any investment decisions.

No representations as to third-party content: You understand and agree that, from time to time, outside contributing columnists or their affiliates may write about securities in which they or their firms have a position, and that they may trade for their own account. In cases where the position is held at the time of publication, we will attempt to make appropriate disclosure. You also understand that third-party analysis maybe biased due to their financial interests and they may have changed their views by the time you read about their material. ZW may provide links to 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.

Disclaimer of warranty as to content; no responsibilities to update:The Content herein is compiled in good faith from sources which ZW believes to be reliable, but is not guaranteed by ZW as to its accuracy or completeness, and may contain errors. In particular, you should be aware that this information may be incomplete, may contain errors or may have become out of date. ZW makes no commitment, and disclaim any duty, to update any of those reports. ZW reserves the right to add, modify or delete any information at this website at any time. The judgments and opinions expressed here, and in the linked Websites, either by ZW or by a third party, should be given only such weight as opinions warrant. This publication and any references to products or services are provided “as is” and “as available” at your sole risk, without any warranty or implied term of any kind. ZW expressly disclaims any implied warranty of merchantability or fitness for a particular purpose, including any warranty for the use or the results of the use of the services with respect to their correctness, quality, accuracy, completeness, reliability, performance, timeliness, or continued availability. Neither ZW nor any of its third party providers shall have any responsibility to maintain the data and services made available on this Website or to supply any corrections, updates, or releases in connection therewith. Availability of data and services are subject to change without notice.

Disclaimer of liability for content and its usage: You agree not to hold Zenway.com liable for any trading losses, lost profits or other damages resulting from your use of any information we may provide, whether it is prepared by ZW or a third party. In no event shall we be liable to any user or third party for any damages of any kind arising out of the use of any content or other material published or available on here, or relating to the use of, or inability to use, this site or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages, even if we have been advised of the possibility or probability that such damages may be sustained in advance thereof.

Copyright and other notices: Reproduction or distribution of any materials obtained on our websites is prohibited. Our Content is solely directed to individuals residing in the United States. We make no representation that materials in the sites are appropriate or available for use in other locations. Those who choose to access the Site from other locations do so on their own initiative and at their own risk, and are responsible for compliance with local laws, if and to the extent applicable. We reserve the right to publish any reader email or comment, while keeping readers’ identities confidential.

System delays, outages, slowdowns, and capacity limitations: As a result of high Internet traffic, transmission problems, systems capacity limitations, and other problems, you may, at times, experience difficulty accessing the Web site or communicating with ZW through the Internet or other electronic and wireless services. Any computer system or other electronic device, whether, it is yours, an Internet service provider’s or ZW’s can experience unanticipated outages or slowdowns, or have capacity limitations.

No warranties as to internet security: We use Paypal and Google secured payment services, the security of which, are managed by Paypal and Google respectively. ZW itself doesn’t collect personal information. You are hereby advised not to disclose any personal information via ZW’s nonsecured pages. ZW makes no warranty whatsoever to you, express or implied, regarding the security of our site, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through this service.

This TOU or Agreement is made between Zenway.com Inc. and the user of the Sites (“you”). We reserve the right at any time to change the terms and conditions of this Agreement; change the Sites, add, modify or delete any information at any time without notice.