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DISCLAIMER

The information contained here is provided for general informational purposes, as a convenience to the readers. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation. Consult the appropriate professional advisor for more complete and current information. Capital Market Laboratories (“The Company”) does not engage in rendering any legal or professional services by placing these general informational materials on this website.

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The Company makes no representations or warranties about the accuracy or completeness of the information contained here. Any links provided to other server sites are offered as a matter of convenience and in no way are meant to imply that The Company endorses, sponsors, promotes or is affiliated with the owners of or participants in those sites, or endorse any information contained on those sites, unless expressly stated.

Trading in options involves considerable risk and is not a suitable form of investment for all investors. The risk in options trading that you will lose your entire investment within a relatively short period of time is comparatively high.

Past performance is no guarantee of future results.

Traders should read Characteristics and Risks of Standardized Options.

*Top Pick entry dates, entry prices, exit dates, exit prices verified by Krost (certified public accountants).

Portfolio constructed by HC Global Fund Services.All purchase transactions have an initial cost basis of $1,000 for each security.

A break period is calculated each time any investment is purchased or sold. At the end of each break period, the Net Asset Value (NAV) is calculated as the sum of the quantity multiplied by the close price for each security.

Security purchases are treated as contributions to the portfolio and security sales as treated as withdrawals from the portfolio.

There are no expenses or dividends recognized in the calculations. The return calculation is the geometric linking of returns between break periods and calendar quarter ends, which are calculated as the end-of- break-period portfolio NAV minus the beginning-of-break-period NAV divided by the beginning-of-break-period NAV.