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Disclaimer
 
Standpoint Research, Inc. is an independent research provider, is not a member of the NASD or SIPC, and is not a registered securities broker or dealer. The information contained in this report and on the Standpoint Research website is produced by Standpoint Research and may not be published, broadcast, rewritten or distributed in any other manner without prior written consent from Standpoint Research. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law and may lead to prosecution. The materials, opinions, and ideas expressed herein, are for general informational purposes only, do not specifically address individual financial objectives, financial situation or particular needs of the person purchasing them, and are subject to change without notice. Standpoint Research does not intend for any person or entity to rely on any such facts, opinions, and ideas, as we do not assure the accuracy or completeness of this report, or any of the materials or information set forth in it. Nothing in this report constitutes individual investment, legal or tax advice. Although the information and opinions contained herein have been obtained from sources believed to be reliable, Standpoint Research makes no representations as to accuracy, completeness or timeliness and does not assume any liability or responsibility for any loss to any person or entity that may result from any act or omission by such person or entity, or by any other person or entity, based upon this report and the information and opinions expressed herein. Standpoint Research may issue other reports that are inconsistent with this report and is under no obligation to bring these reports to the recipient's attention. All opinions in this report reflect judgments made as of the original date of publication and past performance should not be taken as an indication or guarantee of future performance. Standpoint Research, its affiliates, directors, officers and employees may have long or short positions, or buy/sell options, with respect to one or more of the securities and companies mentioned in this report, may be engaging in transactions based on ideas relating to the securities and companies mentioned herein and/or may also hold positions in the securities and companies mentioned herein. Such positions and/or transactions may be contrary to the opinions and ideas expressed in this report and may have been established or engaged in prior to the writing of this report. This report shall not be construed as a solicitation or invitation to buy or sell securities relating to any of the companies mentioned herein.
 
 Privacy Policy
Standpoint Research, Inc. (“We” “Us” or “Our”) recognizes that standpointresearch.com users (“User(s)” “You” or “Your”) value their privacy and has created the following Privacy Policy to demonstrate Our commitment to User privacy.  This Privacy Policy contains important information regarding Our use of Your information collected on standpointresearch.com (the “Website”) in order to help Users make informed decisions regarding the disclosure of private information.

This Privacy Policy is incorporated into the Terms of Service.

Information Collected and Used by Us.

Non-Personal Information

When You visit the Website, We collect certain information that Your web browser sends whenever You visit a website, namely Your domain name and host from which You access the internet, Your Internet Protocol (“IP”) address, Your browser software and operating system, and the internet address of the website linked to Our site (“Non-Personal Information”).  We use this Non-Personal Information to administer the Website, to diagnose problems with Our servers, and to help Us improve the quality, design, and features of Our service.  Additionally, Your Non-Personal Information is used to collect broad demographic information, which does not personally identify You, but which allows Us to create new features, promotions, and services by analyzing User preferences and trends.

Cookies
Cookies are small text files sent to Your computer containing a string of alphanumeric characters that store authentication information and uniquely identify Your browser.  We use cookies for Your convenience in order to save You the trouble of entering authentication information many times over.  The use of cookies is an industry standard and the majority of all Web sites use them.  We do not use cookies to store any personal information.  Although most browsers are initially set up to accept cookies, You may configure Your browser to reject cookies altogether or to indicate when a cookie is being sent.  However, some features on the Websites may not function properly if the ability to accept cookies is disabled from Your browser.  Cookies may be used by Our advertisers.

Our Commitment to Data Security and Security Measures
The standpointresearch.com web site has commercially reasonable data security measures in place to protect the loss and misuse of information collected by Us and to protect the integrity and security of Your personal information.  You can visit our Website without revealing any information about yourself.  We do not collect personal information about Users unless You choose to provide Us with such information.  Additionally, we do not sell or share personal User information to third parties unless at Your direction, needed to service Your account, or is required by law or necessary to protect Our rights.

If You provide Us with certain personal information, such as Your name, telephone number, street address or e-mail address, We store this information and merely use it to protect against unauthorized users to the Website, to market and improve Our products and services, to notify You of updates to the products and services offered by Us, and to monitor any problems with the Website.

We may release any User information collected by Us if required to do so by law, or if We form a good faith belief that such disclosure is necessary to comply with state and/or federal laws, a court order, subpoena or search warrant.  We are committed to keeping Your personal information private, however We cannot warrant or guarantee the security of all information provided by You to Us.  We cannot warrant or guarantee that Your personal information will not be accessed, disclosed, altered or destroyed, in breach of the data security measures used by Us.

Third-Party Web Sites and Advertisers
As a service to Users, the Website contains links to other websites.  The privacy policies of those linked sites may differ from Ours.  We have no control over and are not responsible for the privacy policies of such sited, therefore we are not responsible for the privacy policies and/or practices of any other third-party website.  As such, You should inform Yourself about such policies and/or practices prior to visiting that website.

Changes and Updates to Our Privacy Policy
We reserve the right to make changes to this Privacy Policy at any time with or without prior notice.  Any such changes become effective upon Our posting of the changes to the Website, therefore You are encouraged to visit the Website and review this Privacy Policy periodically to keep informed of the changes.  Your continued use of the Website constitutes Your agreement to this Privacy Policy and any future changes thereto.

Contact Information
We are sincerely concerned about the privacy of Your personal information.  Privacy has always been important to Us.  We periodically review and improve our policies and practices in order to ensure the safety of customer information.  Should You have any questions or concerns with respect to this Privacy Policy and/or Our practices and procedures with respect to Your personal information or should you experience problems with the Website, please do not hesitate to contact Us at:
Standpoint Research, Inc.
Flamingo South Beach, Center Tower
1504 Bay Road # 2210
Miami Beach, FL 33139
Tel: 786.768.2317
E-mail: admin@standpointresearch.com 
 
 Terms of Service
Welcome to standpointresearch.com (“Website”) provided to you by Standpoint Research, Inc. (“We”, “Us” or “Our”).  Please read the following terms of service carefully as you, the user of the Website (“You” or “Your”), agree to be bound by the following terms and conditions by accessing or using the Website.  If You do not agree to be legally bound to all terms and conditions contained herein, DO NOT use the Website and exit it immediately.

All references to Us in these Terms of Service (the “Agreement”) shall include our directors, officers, employees, consultants, shareholders, agents, and attorneys, as applicable.

We reserve the right to amend, modify or update this Agreement at any time.  The amended Agreement shall become effective upon posting.

Term
This Agreement shall remain in full force and effect so long as You are a user of the Website, pursuant to the Termination provisions contained below.

Use of the Website
The Website is intended for Your personal use only.  You shall not copy, reproduce, translate, reverse engineer, decompose, disassemble, assign or sublicense any information accessed through this Website, unless specifically endorsed or authorized by Us.  Illegal and unauthorized use of the Website is a violation of this Agreement and We reserve the right to take appropriate legal action for any such misuse.

Brief Description of Services
We provide clients with independent equity research and portfolio diagnostics.  We offer thorough analysis, diagnostics, and forecasts on domestic and international equities/markets.

Timeliness of Content
The information displayed or offered on this Website, including reports or other opinions, are current as of the date appearing on the report and is subject to change without notice.  Unless otherwise indicated, ratings are periodically updated to reflect market or other changes.  We DO NOT guarantee or warrant the accuracy, timeliness or completeness of any ratings, reports, or opinions You receive though this Website.

YOUR USE OF THE INFORMATION CONTAINED ON THIS WEBSITE IS ENTIRELY AT YOUR OWN RISK.  It is entirely Your sole responsibility to evaluate the usefulness of all information.

Intellectual Property
You hereby acknowledge that as between You and Us, We and Our suppliers are the true and sole owners of all materials on this website, including, but not limited to, text, data, graphics, logos, button icons, images, audio clips, video clips, links, digital downloads, data compilations, and software, which is owned, controlled by, or licensed to Us and is protected by copyright, trademark, and other intellectual property rights.  We own all proprietary rights, including but not limited to trademarks and copyrights in the Contents and its selection, organization, and arrangement.  The Content on the Website is provided to You AS IS for Your information and personal use only.

Grant of License
We hereby grant You a non-exclusive right to use all Materials purchased from Us by You within the ordinary course of business, for investment purposes only, whether personal or business, for a duration of one-hundred and eighty (180) days. YOU HEREBY AGREE THAT YOU WILL NOT USE, COPY, REPRODUCE, DISTRIBUTE, TRANSMIT, BROADCAST, DISPLAY, SELL, LICENSE OR OTHERWISE EXPLOIT THE MATERIALS FOR ANY OTHER PURPOSES.

Changes to the Website
We may make any changes or discontinue any service feature on this Website at any time and without notice.

Third-Party Sites
We may include links to third-party websites on this Website, some of which may contain materials that are objectionable, inaccurate, and/or unlawful.  We do not endorse these third-party sites, nor their services.  You hereby acknowledge and agree that We are not responsible for the contents of any third-party sites and agree not to hold Us liable for any loss or claim You may have against any of them. You access these third-party sites at Your own risk.

Disclaimer of Warranties
We provide the Website to You AS IS, AS AVAILABLE, and WITH ALL FAULTS.  WE HEREBY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, AND ALL GUARANTEES AND REPRESENTATIONS, AS TO THE CONTENTS OF, AND MATERIALS AND SERVICES PROVIDED THROUGH, THE WEBSITE, TO THE FULLEST EXTENT PERMITTED BY LAW.  WE DISCLAIM ALL IMPLIED WARRANTIES THAT THE WEBSITE AND ALL ITS CONTENTS AND MATERIALS AND SERVICES PROVIDED ARE MERCHANTABLE, OF SATISFACTORY QUALITY, ACCURATE, FIT FOR A PARTICULAR PURPOSE, NON-INFRINGING, ERROR FREE OR UNINTERRUPTED.  WE ALSO DISCLAIM ALL WARRANITES, REPRESENTATIONS, AND GUARANTEES AS TO THE CONTENTS AND SERVICES OF ANY SITES LINKED TO THIS SITE.

PLEASE NOTE THAT THE SERVICES WE PROVIDE TO YOU MAY NOT MEET YOUR NEEDS.  YOU ACKNOWLEDGE THAT ANY MATERIALS YOU RETRIEVE THROUGH THE USE OF THE WEBSITE IS DONE AT YOUR OWN RISK AND THAT YOU WILL BE SOLELY RESPONSIBLE FOR IT.

We also do not warrant nor guarantee that the Website is free of viruses or that it does not contain other destructive properties.  You are solely and fully responsible for implementing reasonable measures to prevent loss of Your data.  We also do not warrant nor guarantee that the Contents of the Website are correct, complete or free of errors.

Limitation of Liability
IN NO EVENT SHALL WE BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES RESULTING FROM YOUR ACCESS TO AND USE OF THE WEBSITE AND ITS SERVICES, INCLUDING BUT NOT LIMITED TO PECUNIARY LOSS, PROPERTY DAMAGE, AND PERSONAL INJURIES.

We are also not be liable for any harm caused by the transmission, through this site of any computer virus or other computer code or programming device that might be used to access, modify, delete, damage, corrupt, deactivate, disable, disrupt or otherwise interfere, in any manner, with the operation of this site, any information or services contained on this site, or any of Your software, hardware, data, network or property.

Indemnification
You agree to defend, indemnify, and hold Us, Our parent corporations, subsidiaries, affiliates, agents, contractors, officers, directors, and employees, harmless from and against all claims, damages, obligations, losses, liabilities, costs, debt, and expenses, including attorney’s fees and costs due to or arising from Your use or misuse of the Website in violation of the terms of this Agreement.

Not an Offer
This Website and the Materials contained herein shall not be construed as an offer to sell nor a solicitation of an offer to buy any securities and shall not be relied upon in connection with any investment decision.

Void Where Prohibited
Although this Website is accessible worldwide, not all products or services discussed or referenced on this website are available to all persons or in all geographic locations.  We reserve the right to limit, in our sole discretion, the provision and quantity of any product or service to any person or geographic area We so desire. Any offer for any product or service made in this Website is void where prohibited.

Capacity to Accept Terms of Service
You hereby affirm that You are either over the age of eighteen (18), are an emancipated minor or possess Your parent’s or legal guardian’s consent, and that You are fully competent to enter into this Agreement.

Force Majeure
We shall not be liable for, nor considered in breach or in default of this Agreement on account of any delay or failure to perform as required under this Agreement, as a result of any causes or conditions which are beyond such Our reasonable control and that We are unable to overcome through the exercise of commercially reasonable diligence.

Termination
Your right to use the Website automatically terminates if You violate any of Your obligations under this Agreement.  We also reserve the right, in our sole and absolute discretion, to terminate Your access to all or part of the Website, for any reason, with or without notice. 

Specific Remedies
If You commit a material breach of any of the provisions of this Agreement, such violation shall be deemed to be grounds for termination of this Agreement.  We also reserve the right:
  1. To institute a proceeding in any court of competent jurisdiction, either at law or in equity, to enjoin You from violating any of the terms of this Agreement; 
  2. The right to have the provisions of this Agreement specifically enforced by any court having equity jurisdiction, it being acknowledged that any such breach will cause irreparable injury to Us and that money damages may not provide an adequate remedy to Us;
  3. The right to recover from You any damages caused by Your breach, including, recovery of any profits earned by You in breach of this Agreement; and
  4. The right to recover Our reasonable attorneys’ fees expended in any action against You to enforce this Agreement.
Severability
The provisions of this Agreement are independent of each other, and if, for any reason, any provision of this Agreement is held invalid or unenforceable, all other provisions of this Agreement shall remain in effect, and shall not be affected, except to the extent necessary to delete such invalid or unenforceable provision.

Integration
This Agreement expresses the entire understanding of the parties and supersedes all prior agreements relating to the matters dealt with in this Agreement.

Waiver
Any waiver of any provision of this Agreement may be done only in writing signed by all parties.  Our waiver of Your breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach by You.

Modifications

The terms, conditions, and/or provisions of this Agreement may be changed by Us at any time, with or without notice, in which case We will post an up to date version of this Agreement on the Website.  The amended Agreement will be effective upon posting and Your continued use of the Website thereafter will constitute Your acceptance of the changes.

Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New York and the Federal laws of the United States, without regard to conflicts of law principles.  You hereby agree to submit to the personal and exclusive jurisdiction and venue of the Supreme Court of New York, County of New York and the Southern District Court of New York with respect to any dispute arising out of this Agreement and Your use of this Website, and irrevocably waive all jurisdictional objections, including the grounds of forum non-convenience.  You hereby agree to comply with all applicable U.S. rules, laws, and regulations applicable to Your Use of this Website.

Headings
Headings in this Agreement are for convenience only and shall not affect the meaning or interpretation of this Agreement.

Designated Agent Under The Digital Millennium Copyright Act
The Digital Millennium Copyright Act (DMCA) provides a mechanism for notifying service providers of claims of unauthorized use of copyrighted materials. Under the DMCA, a claim must be sent to the service provider's designated agent. If you believe in good faith that We should be notified of a possible online copyright infringement involving Our website, please notify Standpoint Research, Inc.’s designated agent: Ronnie Moas, Flamingo South Beach, Center Tower, 1504 Bay Road # 2210, Miami Beach, FL 33139.

Please be aware that, in order to be effective, your notice of claim must comply with the detailed requirements set forth in the DMCA. You are encouraged to review them (see 17 U.S.C. Sec. 512(c)(3)) before sending your notice of claim.

Copyright © 2010 Standpoint Research, Inc. All rights reserved.
 
 
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