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Makina Film Media Production S.R.L. provides financial data and technical analysis on stocks and equity markets. By entering into our Term and Conditions agreement of usage of our website www.signal-sigma.com we will not be held liable for any losses in your investment accounts based on any information provided on the website. All users should speak with their financial advisor before buying or selling any securities. Users should not base their investment decision upon www.signal-sigma.com to make investment decision. By accessing the site you agree and are held liable for your own investment decisions.

Makina Film Media Production S.R.L. (the "Company") provides certain services (collectively, "Services") through the http://www.signal-sigma.com website (the "Website"). Access to and use of the Website or the Services provided therein is subject at all times to these Terms of Service and End User License Agreement ("Terms of Service").

EACH TIME YOU ACCESS OR USE THIS WEBSITE OR THE SERVICE, YOU AGREE TO BE BOUND BY THESE TERMS OF SERVICE AND REPRESENT THAT YOU HAVE READ AND UNDERSTOOD THESE TERMS OF SERVICE AND AGREE TO BE LEGALLY BOUND BY THEM. IF YOU DO NOT AGREE TO BE BOUND BY (OR CANNOT COMPLY WITH) ANY OF THESE TERMS OF SERVICE, PLEASE EXIT FROM THE WEBSITE. ANY REFERENCES HEREIN TO "YOU" AND "YOUR" REFER TO BOTH YOU AND SUCH PERSON AND LEGAL ENTITY ON WHOSE BEHALF YOU ACT, IF ANY.

The Company may, from time to time, modify, amend, or supplement these Terms of Service, and post those changes on the Terms of Service page. Such modifications, amendments or supplements shall be effective immediately upon posting on the Website. You are responsible for periodically checking the Website for changes to these Terms of Service. If you do not agree to be bound by (or cannot comply with) these Terms of Service as modified, you agree that your sole remedy is to cease using the Services by canceling your Account or not using the service. Your continued use of the Services constitutes your agreement to be bound by the amended Terms of Service.

In using any portion of signal-sigma.com, you agree to the Terms and Conditions governing the use of the service as described in this disclaimer. Our disclaimers, policies and terms are subject to change without notice. Signal-sigma.com is not registered as a broker-dealer or investment adviser either with the U.S. Securities and Exchange Commission or with any state securities authority.

Commentaries, trading ideas, model trades nor data analytics represent our own opinions and should not be relied upon for purposes of effecting securities transactions or other investing strategies, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. You should not interpret signal-sigma.com opinions as constituting investment advice. Neither the publishers claim to have any non-public information regarding the companies mentioned in this site. Trade prices that appear on the site are posted by Makina Film Media Production S.R.L. Real-time data sources, and may be different from what is achievable and are for guidance only. There may also be differences between the price as it appears in the diary and the current price that you see from your terminal due to delays in Internet connectivity, quote delays, refresh intervals in the case of the Web-based diary page, data entry errors, and market conditions, and also due to times when signal-sigma.com is not available to make the trade at the moment a previously stated target has been met. Entries may at times be in error due to system or data-entry errors.

The Company is an online financial tool and content platform relating to the financial markets (the "Content" or "Tool"). The Content or tool is produced without regard to individual levels of sophistication or investment experience, and without regard to the suitability of individuals who may access the content. You understand and agree that the Content or tool does not constitute a specific recommendation of any particular investment, security, portfolio, transaction, or strategy, nor that any specific course of action is suitable for any specific person. You understand and agree that no Company analysts or other personnel shall advise you with regard to your investments, and you therefore agree that you shall not attempt to contact the Company or any Company personnel seeking personalized investment advice. You further understand and agree that all Content is impersonal and not tailored to any specific investment needs and suitability requirements, including yours.

You understand and agree that the opinions expressed in the Content or Tool are derived from sources generally believed to be reliable, but that the Company is not liable for any errors, omissions, or incomplete or out of date information in the Content.

Hypothetical performance results do not include trading commissions and other execution costs that would be incurred if the trades referenced in the diary or elsewhere on the site were actual trades. Past performance is no guarantee of future results.

Signal-sigma.com cannot and does not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. As an express condition of using this service and anytime after ending the service, you agree not to hold any employees of signal-sigma.com themselves liable for trading losses, lost profits or other damages resulting from your use of information in any form (Web-based, email-based, or downloadable software), and you agree to indemnify and hold signal-sigma.com and their employees harmless from and against any and all claims, losses, liabilities, costs, and expenses (including but not limited to attorneys' fees) arising from your violation of this agreement. This paragraph is not intended to limit rights available to you or to us that may be available under the federal securities laws.

TRADE ALERTS: Makina Film Media Production S.R.L. or signal-sigma.com (the "Alerts") is virtual alerts providing examples of how an investor might employ the Content. The Alerts are not an actual recommendations or model portfolio of investments. These alerts are a methodology for generating technical indicators such as moving average crossovers, based on standard technical indicators. Indicators in the Alerts reflect closing end of day pricing and may not correspond to actual transactions. If you choose to track the Alerts' trade signals, you understand and agree that your actual results are likely to be different from the percentage returns reflected in the Alerts statistics. Differences may arise for a number of reasons, including but not limited to: The Alerts do not account for transaction costs; the Alerts do not account for margin interest costs; the Alerts do not account for time delay before Buy, Sell, or other signals are viewed by you, including delays in the delivery of email or other messages; the Alerts do not account for cash dividends; the Alerts generally do not account for corporate actions such as stock splits, rights, and warrants, though the cost basis of positions in the Alerts may occasionally be adjusted for the sake of accuracy, with all such adjustments being described in notes accompanying the positions in the Alerts; the Alerts do not consider possible lack of liquidity; the Alerts do not consider tax consequences; the Alerts trade signals do not indicate size of position; and the Alerts do not give asset allocation guidance. Past Performance are not an indication of future results.

DISCLAIMER OF WARRANTIES: YOU HEREBY EXPRESSLY AGREE THAT ACCESS TO AND USE OF THE WEBSITE, THE SERVICE, AND THE INTERNET IS AT YOUR SOLE RISK. THE WEBSITE, THE SERVICE, THIRD-PARTY SERVICES, AND PRODUCTS AND ANY INFORMATION DELIVERED TO YOU IN CONNECTION THEREWITH ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS FOR YOUR USE, WITHOUT WARRANTIES OF ANY KIND BY THE COMPANY, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTIBILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. THE COMPANY PROVIDES THE SERVICE ON A COMMERCIALLY REASONABLE BASIS AND DOES NOT GUARANTEE THAT YOU WILL BE ABLE TO ACCESS OR USE THE SERVICE AT TIMES OR LOCATIONS OF YOUR CHOOSING, OR THAT THE COMPANY WILL HAVE ADEQUATE CAPACITY FOR THE SERVICE AS A WHOLE OR IN ANY SPECIFIC GEOGRAPHIC AREA.

LIMITATIONS OF LIABILITIES: YOU ACKNOWLEDGE AND AGREE THAT YOUR SOLE AND EXCLUSIVE REMEDY FOR ANY DISPUTE WITH THE COMPANY, ITS LICENSORS, SUPPLIERS OR AFFILIATES IS TO STOP USING THE SERVICE, AND TO CANCEL YOUR ACCOUNT. YOU ACKNOWLEDGE AND AGREE THAT IN NO EVENT WILL THE COMPANY, ITS LICENSORS, SUPPLIERS, OR AFFILIATES BE LIABLE FOR ANY ACT OR FAILURE TO ACT BY THEM OR ANY OTHER PERSON REGARDING CONDUCT, COMMUNICATION OR CONTENT ON THE SERVICE. MOREOVER, IN NO CASE SHALL THE COMPANY'S OR ITS LICENSORS', SUPPLIERS', AFFILIATES', EMPLOYEES', OFFICERS', MEMBERS' OR DIRECTORS' (COLLECTIVELY, "COMPANY AFFILIATES") LIABILITY TO YOU EXCEED THE AMOUNT THAT YOU PAID TO THE COMPANY FOR THE SERVICE DURING THE ONE (1) YEAR PERIOD PRIOR TO THE DATE ON WHICH THE DAMAGES FIRST AROSE. FURTHERMORE, IN NO CASE SHALL ANY COMPANY AFFILIATE BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM THEFT OR LOSS OF PROFITS, DATA, USE, GOODWILL, BUSINESS INTERRUPTION, OR OTHER INTANGIBLE LOSS) ARISING FROM YOUR USE OF THE SERVICE, THE INTERNET OR FOR ANY OTHER CLAIM RELATED IN ANY WAY TO YOUR USE OF THE SERVICE, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT ANY COMPANY AFFILIATE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. BECAUSE SOME STATES OR JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR THE LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, IN SUCH STATES OR JURISDICTIONS, THE COMPANY AFFILIATES' LIABILITY SHALL BE LIMITED TO THE FULLEST EXTENT PERMITTED BY LAW. THE COMPANY DOES NOT ENDORSE, WARRANT OR GUARANTEE ANY THIRD PARTY PRODUCT OR SERVICE OFFERED THROUGH THE SERVICE AND WILL NOT BE A PARTY TO OR IN ANY WAY BE RESPONSIBLE FOR MONITORING ANY TRANSACTION BETWEEN YOU AND THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES.

By reading any reports, articles, newsletters, presentations, algorithm results, papers and/or Twitter posts (together the “Articles”) written by Signal Sigma contributors (the “Author(s)”), the reader understands and agrees to the following:

1. All Articles and Algorithm Results are written / displayed for informational and educational use only. Signal Sigma calculations are based upon data and software which may contain errors. All results shown are from a hypothetical application of the model through back-testing which does not reflect actual traded results which include market impact, fees and changes in market dynamics through time. Signal Sigma is not responsible for any losses realized by attempting to use our reports. Signal Sigma is not registered as an investment advisor with any federal or state regulatory agency. Past performance is no indication of future performance.

2. The Author is not a Professional Investment Advisor. The Author is not a CPA, CFA, nor a registered investment professional or licensed broker, and therefore explicitly denies that his opinions are expert in any way. The reader is encouraged to review publicly available information and perform other research before determining whether they agree with the opinions of the Author.

3. Publicly-Available Information Is the Only Source of Information. The Articles written have been prepared from a review, analysis and interpretation of publicly available information from various sources. It is possible that transcription, formatting, and interpretation errors occurred when the accessed such information, or the Author may have misunderstood or unintentionally taken the public information out of context. The sources that the Author relies upon may not provide accurate or up-to-date information.

4. Purpose of the Articles. The Author is a non-professional investor making non-professional observations for the purpose of discussion and open communication and analysis of financial markets and investment choices. As a non-professional investor, the Author seeks clarity and understanding in his investment decisions, and may write Articles in order spark discussion and dialogue regarding investment decisions. All Articles should be understood as an attempt to create open dialogue and discussion. Articles are not intended to be a recommendation for a purchase or sale of securities.

5. Articles Are Author’s Opinion ONLY. The Articles, both in terms of content and conclusions, are opinions of the Author and never statements of fact. The author’s opinions are based on his understanding of current information may change substantially without notice.

6. The Author May Have a Financial Stake in Financial Securities that are mentioned on this Website. The Author may choose to take action on his personal opinions and take long or short positions in securities that may be mentioned in the Articles or on this Website. Such personal investment decisions by the Author, based upon personal opinions, may change in whole or in part without any obligation to notify the reader. Nevertheless, the opinions presented in the Articles are never intended to provide advice for any investment. Always seek professional advice before making any investment.

7. The reader assumes full risk and responsibility for his or her actions. The reader agrees it will ACT ON ITS OWN RISK by whatever action (or inaction) it may take by agreeing with, or disagreeing with the opinions of the Author.

8. The Author is fallible and often incorrect. The reader understands that there is both public and non-public information in the possession of others that could lead many to disagree with the Author’s analyses and opinions. Any of the Author’s statements, estimates, projections and opinions may prove to be substantially inaccurate and are inherently subject to significant risks and uncertainties beyond the Author’s control. It is possible that any opinions or conclusions presented by the Author are entirely incorrect and inaccurate.

9. The information provided in every Article is incomplete. The Author does not in any way guarantee that he is providing all of the information that may be available on any topic written. The Author recommends that the reader do his own due diligence and consult a registered financial advisor before making any investment decisions. The Author makes no representations, and specifically disclaims all warranties, express, implied, or statutory, regarding the accuracy, timeliness, or completeness of any material contained in the Articles.

10. The information provided is in draft form. All Articles may be considered to be a draft work-in-progress, and may be updated periodically and from time-to-time, although the author undertakes no duty to do so, nor to notify the reader if the Article is updated.

11. Articles are never an offer or recommendation to buy or sell securities. The reader understands that the information contained in the Articles is not an offer to buy or sell any security. The Author is not recommending the purchase or sale any financial instruments. The Author explicitly recommends that the reader consults his or her personal financial advisor before making any kind of investment in anything.

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