Gemstone Capital ApS (the “Company”),  provides information about companies and investment opportunities through its website, www.gemstonecapital.com (the “Site”) and otherwise.  Said website and related emails, presentations, etc.  are hereinafter together or individually referred to as the “Information”.  By accessing any of the Information, you, whether you are a potential investor or any other type of user, acknowledge that you have read, understood and accepted the following terms, disclaimers, etc., hereinafter referred to as the “Disclaimer”:

1. No Financial Advice

The Company is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information on the Site is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using the Company’s information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information on our Site is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. The Company is not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.

2. Disclosure Policy

The Company and its affiliates or associates and/or its employees may hold positions in securities that are described on the Site. They may, from time to time, hold positions consistent or inconsistent with information contained on the Site, and while the Company will aim to inform about such positions it shall have no obligation to do so. Their affiliation or relationship to the Company or its Subscribers shall in no way limit the positions they may hold or when they may hold them.

3. Risk Disclosure

There is a substantial amount of risk in trading securities, and the possibility exists that you can lose all, most or a portion of your capital. The Company does not, cannot and will not assess or guarantee the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The securities mentioned on our Site may not be suitable for investors depending on their specific investment objectives and financial condition.

4. No Liability or guarantee

The information provided by the Company, is believed to be reliable but is not guaranteed, represented or warranted to be accurate or complete. You are cautioned that any forward-looking statements are subject to significant business, economic and competitive uncertainties and actual results could be materially different. There are no guarantees associated with any forecast. Your use of any information from the Site is at your own risk and without recourse against the Company, its owners, directors, officers, employees or content providers.