On March 15, 2011 CGPI published a letter to its shareholders. In this letter, CGPI summarized key issues raised by GeoInvesting and gave “facts” regarding those issues. In addition to its letter to shareholders, CGPI also sent GeoInvesting a “Cease & Desist Demand” letter via its attorney at the law firm of Richardson & Patel, LLP. In this letter, CGPI demanded through its attorney that GeoInvesting immediately and forever take down a grossly inaccurate and misleading report located on the GeoInvesting web site. What follows are (1) issues and “facts” (CGPI Response) summarized in CGPI’s letter to shareholders, (2) our response along with a written transcript of a conversation our assigned person had with the officers at the Funeral House and Cemetery Management Center of Chongqing Civil Affairs Bureau on March 3, 2011 and (3) an additional written transcript with the officers at the Funeral House and Cemetery Management Center of Civil Affairs Bureau including a recording of a conversation on March 25, 2011.
This document provides arguments against abstinence-only sex education programs and in favor of comprehensive sex education. It argues that abstinence-only programs are a waste of taxpayer money, as the government has spent over $1 billion on them over 10 years. It also claims these programs do not provide vital information about contraception and do not reduce rates of teen pregnancy or STDs. The document advocates for comprehensive sex education that includes contraception education to better curb unintended pregnancy and disease.
Sample Report (Mary Example) of an actual phone test measuring the Call Center employees ability to handle difficult call situations. Measures manners, effectiveness, accuracy, customer analysis, and ability to perform effective follow-up. Contact us for more info or to try one out...not expensive. English only.
This document outlines the rules and guidelines for a debate using the Oxford-Oregon format on the proposition of adopting a parliamentary form of government. It details the structure of the debate with three speakers on each side, the allotted time limits, judging criteria, and tips for constructive speeches, cross-examination, and rebuttals. The roles of the moderator and timer are also defined.
The document summarizes a presentation on incorporating debate into English language teaching. It discusses what debate is, the skills it helps develop, how to design a debate-focused syllabus, and tips for structuring classroom debates. Debate involves arguing for or against a resolution and helps improve students' critical thinking, research, public speaking and listening skills. The presentation provides examples of debate topics and structures for classroom debates, as well as suggestions for supporting arguments and developing counterarguments.
The document provides a template for a standardized sales script with 6 key stages: [1] Mental/Physical Preparation, [2] Introduction, [3] Problem/Needs Identification, [4] Solution Presentation, [5] Objections/Responses, and [6] Close. It outlines the purpose and scope of each stage, including reviewing customer notes, stating the purpose of the call, identifying problems and needs, presenting solutions, addressing objections, and asking for the sale. The template is intended to help new recruits develop consistent and effective sales presentations.
This document provides guidelines for primary school students participating in a debate. It outlines the structure of a debate and templates for the three speakers on a debate team. The first speaker introduces the topic and outlines the team's arguments. The second speaker rebuts the opposing team's arguments and presents additional points for their side. The third speaker rebuts arguments from both opposing speakers and summarizes the main points made by their teammate speakers. The templates provide guidance on the key components to include such as introducing the topic, defining terms, presenting evidence to support arguments, and concluding remarks.
GeoInvesting has a longstanding reputation as short sellers. Our work in exposing more than $10 billion in U.S. listed China based frauds was featured in the recent feature documentary The China Hustle. We also offer portfolio protection for our members, based on the research strategies that have made us extremely well-known for our on the ground due diligence.
There are multiple niches in the microcap space where GeoInvesting’s track record has proven that consistent alpha can be achieved. Each strategy provides favorable percentage returns, but is limited in size. A combination of well-defined strategies can enhance portfolio returns by offering the benefit of diversifying into uncrowded situations with low market correlation without overexposing to a single stock.
We believe the best way for a company of your size to approach a microcap strategy would be to deploy a target capital amount across a few basket portfolios of around 5 stocks each. These baskets can vary by strategy and time horizon. Around these baskets, we can implement one-off ideas as they emerge based on very high probability special situations
This document provides arguments against abstinence-only sex education programs and in favor of comprehensive sex education. It argues that abstinence-only programs are a waste of taxpayer money, as the government has spent over $1 billion on them over 10 years. It also claims these programs do not provide vital information about contraception and do not reduce rates of teen pregnancy or STDs. The document advocates for comprehensive sex education that includes contraception education to better curb unintended pregnancy and disease.
Sample Report (Mary Example) of an actual phone test measuring the Call Center employees ability to handle difficult call situations. Measures manners, effectiveness, accuracy, customer analysis, and ability to perform effective follow-up. Contact us for more info or to try one out...not expensive. English only.
This document outlines the rules and guidelines for a debate using the Oxford-Oregon format on the proposition of adopting a parliamentary form of government. It details the structure of the debate with three speakers on each side, the allotted time limits, judging criteria, and tips for constructive speeches, cross-examination, and rebuttals. The roles of the moderator and timer are also defined.
The document summarizes a presentation on incorporating debate into English language teaching. It discusses what debate is, the skills it helps develop, how to design a debate-focused syllabus, and tips for structuring classroom debates. Debate involves arguing for or against a resolution and helps improve students' critical thinking, research, public speaking and listening skills. The presentation provides examples of debate topics and structures for classroom debates, as well as suggestions for supporting arguments and developing counterarguments.
The document provides a template for a standardized sales script with 6 key stages: [1] Mental/Physical Preparation, [2] Introduction, [3] Problem/Needs Identification, [4] Solution Presentation, [5] Objections/Responses, and [6] Close. It outlines the purpose and scope of each stage, including reviewing customer notes, stating the purpose of the call, identifying problems and needs, presenting solutions, addressing objections, and asking for the sale. The template is intended to help new recruits develop consistent and effective sales presentations.
This document provides guidelines for primary school students participating in a debate. It outlines the structure of a debate and templates for the three speakers on a debate team. The first speaker introduces the topic and outlines the team's arguments. The second speaker rebuts the opposing team's arguments and presents additional points for their side. The third speaker rebuts arguments from both opposing speakers and summarizes the main points made by their teammate speakers. The templates provide guidance on the key components to include such as introducing the topic, defining terms, presenting evidence to support arguments, and concluding remarks.
GeoInvesting has a longstanding reputation as short sellers. Our work in exposing more than $10 billion in U.S. listed China based frauds was featured in the recent feature documentary The China Hustle. We also offer portfolio protection for our members, based on the research strategies that have made us extremely well-known for our on the ground due diligence.
There are multiple niches in the microcap space where GeoInvesting’s track record has proven that consistent alpha can be achieved. Each strategy provides favorable percentage returns, but is limited in size. A combination of well-defined strategies can enhance portfolio returns by offering the benefit of diversifying into uncrowded situations with low market correlation without overexposing to a single stock.
We believe the best way for a company of your size to approach a microcap strategy would be to deploy a target capital amount across a few basket portfolios of around 5 stocks each. These baskets can vary by strategy and time horizon. Around these baskets, we can implement one-off ideas as they emerge based on very high probability special situations
The document summarizes the investment strategies and approach of Geoinvesting.com, which focuses on identifying undervalued microcap stocks. Some of their main strategies include buying stocks that are underreacting to good news ("Buy on Pullback"), targeting companies that may be acquisition candidates, and investing in turnaround situations. They provide several case studies of past investments that achieved significant returns, such as NV5 Global, GTT Communications, Zynex, and Vocus, to illustrate how they successfully implemented these strategies.
Dr. Andrew W. Lo - Adaptive Markets: Financial Evolution and the Speed of Tho...GeoInvesting LLC
This document summarizes Andrew Lo's presentation on adaptive markets. Lo discusses how the traditional view of efficient markets based on rational investor behavior is incomplete. He argues markets are adaptive, influenced by human psychology and constantly changing environments. Lo presents his adaptive markets hypothesis, drawing on evolutionary biology and noting markets evolve as individuals compete and learn. This new view has implications for investing, regulation, and developing more sophisticated indexes that account for individual investor needs and behaviors.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Pioneer Power Solutions (PPSI) May 2017 Investor PresentationGeoInvesting LLC
Pioneer Power Solutions, Inc. (PPSI) manufactures, sells and services a broad range of electrical transmission, distribution and on-site power generation equipment in the field of utility, industrial, commercial original equipment manufacturer, and in critical power markets.
This presentation covers:
Transmission and Distribution Solutions - Equipment that distributes, controls, conditions and monitors the flow of electrical energy while protecting critical equipment such as transformers, motors, data center equipment and other machinery.
Critical Power Solutions - Onsite power generation systems, control equipment and services that ensure uninterrupted power to operations in times of emergency and in primary power applications, including data centers
Maj Soueidan Oct 2016 Traders For A Cause PresentationGeoInvesting LLC
Maj Soueidan is the founder of GeoInvesting.com, which helps everyday investors find underfollowed micro-cap stock ideas through information arbitrage. GeoInvesting educates investors, saves them time performing research, and aims to provide institutional-quality ideas. Maj takes advantage of readily available information not found by others to identify inflection points in stocks before they are processed by the broader market. While some of Maj's past ideas have increased over 1,000%, others that were once multi-baggers are now down substantially. GeoInvesting presents elevator pitches on ideas, issues daily reports, and keeps members alerted through social media.
Maj Soueidan Oct 2016 Microcap Conference Philly PresentationGeoInvesting LLC
Inflection points can serve as triggers for you to invest in particular stocks right before the meat of their growth cycles or at a time when they’ve improved their risk profiles for various reasons. I’ve found that the identification of inflection points has helped me pinpoint companies that tend to become acquisition targets. Of over 40 stocks that have been both the focus of our research AND acquired, some of these acquisitions were actually predicted by my team; others were just a byproduct of what happens when good research is rewarded.
Shedding Light on Tech Pro Technology (03823.HK)GeoInvesting LLC
• Tech Pro is a company that seems to be suffering from an identity crisis
• We believe the stock price is detached from the reality of our on the ground due diligence and the company’s financials
• Our due diligence raises questions that we believe should be brought to the attention of both the company’s auditor and regulators
• We believe the company will require continued dilutive equity financing to sustain operations
• We are currently short Tech Pro (03823.HK)
One of key strategies I use to find microcap diamonds in the rough is to combine the concepts of Growth + Value. On April 11, 2016, I presented (videos at bottom) at the 2016 Microcap Conference Toronto, where I gave a speech on this very subject. More detail on this presentation can be seen at my blog, http://geoinvesting.com/combining-tenets-growth-value-find-hidden-microcap-opportunities/.
President and Co-Founder of GeoInvesting presented at the 2016 Microcap Conference in Toronto, focusing on stock trading and investing strategies revolving around using a combination of growth and value when selecting investments.
microcapconf.com/conferences/toronto-2016/
April 11, 2016 - Heng Ren White Paper on Chinese BuyoutsGeoInvesting LLC
- 38 Chinese companies have announced management buyouts of US shareholders since 2015, offering below-average premiums. On average, premiums were less than three-quarters of the US average.
- These companies significantly increased their cash holdings after listing in the US, from an average of $46M pre-IPO to $280M at the time of buyout announcements. However, they are squeezing out US investors at prices below fair value and sometimes even below the IPO price.
- After buying out US shareholders, some companies have offered shares in China at much higher values, indicating the buyout offers to US investors were too low and unfairly enriched company management. Regulators need to close loopholes to
Moseda Technologies Company Presentation, November 2015GeoInvesting LLC
Moseda Technologies Inc. primarily engages in the development and operation of mobile device management software systems that allow the management to tracking of assets using mobile devices. It develops SmartCare, a mobile health solution for accessing, tracking, and managing patient health records securely from the Web, smartphone, or tablet; for automatic vital tracking; and for healthcare providers to manage staff and tasks. The company also provides SmartCare@Home, a telemedicine solution that utilizes the mobile, wearables, and SaaS technology to allow for remote patient monitoring. In addition, it offers SmartFleet, a fleet and asset tracking software for businesses that operate mobile and vehicle fleets. The company is headquartered in Vancouver, Canada.
Moseda Technologies Inc. primarily engages in the development and operation of mobile device management software systems that allow the management to tracking of assets using mobile devices. It develops SmartCare, a mobile health solution for accessing, tracking, and managing patient health records securely from the Web, smartphone, or tablet; for automatic vital tracking; and for healthcare providers to manage staff and tasks. The company also provides SmartCare@Home, a telemedicine solution that utilizes the mobile, wearables, and SaaS technology to allow for remote patient monitoring. In addition, it offers SmartFleet, a fleet and asset tracking software for businesses that operate mobile and vehicle fleets. The company is headquartered in Vancouver, Canada.
This CEO will present Phase 2 clinical trial results on November 7th that could revolutionize Alzheimer's treatment. If the results continue the promising early Phase 2A results of 83% of patients benefiting and a 4x improvement in memory over current drugs, the small company's stock could experience unprecedented gains as high as 2,150% as it moves towards Phase 3 trials. The discovery of an effective treatment for Alzheimer's, which currently has no cure, could be worth $67 billion annually and save the US healthcare system from being overwhelmed by rising Alzheimer's costs in the coming decades.
The document summarizes several stock picks and trades made by GeoInvesting between February and April 2015:
- They traded in and out of AMCN based on news and an investment valuing the stock at $8.
- They added to their position in ESCC at $0.40 in March 2015 based on an imminent liability resolution announced in April, causing the stock to rise 100%.
- In April they stated ORBK's muted reaction to strong earnings was a buying opportunity but visibility may only extend a few quarters.
- Several other trades and recommendations over this period included TOUR, HOFT, GBSN, NNBR, NVEE, ISDR, MNTX, BIOQ, LAS
L & L Energy's (LLEN) Dickson Lee Sentencing Memorandum - 2015GeoInvesting LLC
This document is a government sentencing memo recommending a 60 month prison sentence for Dickson Lee, the founder and CEO of coal company L&L Energy. It summarizes that Lee pled guilty to securities fraud for fabricating the existence of a CFO and lying on SEC filings to fraudulently obtain a NASDAQ listing, which boosted the company's stock price. It also claims that later, with the company desperate for cash, Lee secretly issued and dumped over 500,000 shares on the market without disclosure. The memo argues the fraud was severe and undermined market integrity, and that the sentencing guidelines fail to capture the full severity of Lee's actions.
Vocus cloud marketing software analyst day presentation june 6 2012GeoInvesting LLC
- Vocus provides cloud marketing software to help businesses attract, engage and retain customers.
- Digital marketing represents a significant opportunity, with the market expected to grow to $77 billion by 2016.
- Vocus' software suite addresses key functions of modern digital marketing like social, search, email and publicity.
- The company has a scalable and profitable business model focused on the SMB market of $3,000-30,000 customers.
We have reason to believe that the SEC already has Qihoo on its radar. Given the information presented in this report, along with other issues that we have omitted, we believe that Qihoo will be delisted from the NYSE and management charged with securities fraud.
Equity Insights - Sionex (SINX) Research Report May 2012GeoInvesting LLC
Sionix designs, develops, markets, and sells water management and treatment
solutions intended for use in the oil and gas, agriculture, disaster relief, and
municipal (both potable and wastewater) markets. The Company’s Mobile
Water Treatment System (“MWTS”) is configured dependent upon customer
requirements and integrates components and technologies based on those
requirements. Within these systems, the company utilizes a Dissolved Air
Floatation (“DAF”) system with patented technology that management
estimates removes more than 99.95 percent of the organic, and most
inorganic, particles in water. This includes the removal of hydrocarbons,
insoluble metals, infectious bacteria, algae, and color. Historically, DAF systems
similar to the DAF used in Sionix MWTS created bubbles that were 50 microns
or greater, which were unable to remove all contaminants due to their size.
The Sionix technology utilizes and refines DAF technology to provide a pretreatment
process using ambient oxygen and minimal chemical flocculent
aids that can be more efficient and cost-effective. The company’s patented
technology makes micro-bubbles that allow a much greater percentage of
contaminants to be captured, floated to the surface, and skimmed off with
minimal use of chemicals. The Company’s MWTS is mobile and modular such
that it can be transported easily to address a wide range of water treatment
markets and can meet customers’ needs for new systems or to replace or
integrate with existing filtration technologies. Sionix was initially incorporated
in Utah in 1996 and reincorporated in Nevada in 2003. The company’s website
is www.sionix.com.
The document is a presentation from Neenah Paper, Inc. given at an investor conference in February 2012. It provides an overview of Neenah Paper, including:
1) Neenah Paper leads in performance-based technical products and high-end printing papers. It has two business segments: Technical Products and Fine Paper.
2) The company has successfully transformed its business mix and financial performance through strategic acquisitions and focus on specialty markets.
3) Neenah Paper has continued strong financial momentum, with top and bottom line growth, improving margins, and increasing return on capital. A recent acquisition is expected to further drive growth and value creation.
Conclusive Proof that L&L International (LLEN) Does Not Own the Ping Yi MineGeoInvesting LLC
In a red flag alert issued to our premium members Friday, January 13th, 2012, we presented a Chinese SAIC filing and multiple website links showing that the Ping Yi Mine that allegedly represents 37% of LLEN’s production capacity is owned not by LLEN, but by an investment group of four Chinese nationals led by Mr. Hu Shiwei, and that this group is currently offering the mine for sale in China.
The document summarizes the investment strategies and approach of Geoinvesting.com, which focuses on identifying undervalued microcap stocks. Some of their main strategies include buying stocks that are underreacting to good news ("Buy on Pullback"), targeting companies that may be acquisition candidates, and investing in turnaround situations. They provide several case studies of past investments that achieved significant returns, such as NV5 Global, GTT Communications, Zynex, and Vocus, to illustrate how they successfully implemented these strategies.
Dr. Andrew W. Lo - Adaptive Markets: Financial Evolution and the Speed of Tho...GeoInvesting LLC
This document summarizes Andrew Lo's presentation on adaptive markets. Lo discusses how the traditional view of efficient markets based on rational investor behavior is incomplete. He argues markets are adaptive, influenced by human psychology and constantly changing environments. Lo presents his adaptive markets hypothesis, drawing on evolutionary biology and noting markets evolve as individuals compete and learn. This new view has implications for investing, regulation, and developing more sophisticated indexes that account for individual investor needs and behaviors.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Pioneer Power Solutions (PPSI) May 2017 Investor PresentationGeoInvesting LLC
Pioneer Power Solutions, Inc. (PPSI) manufactures, sells and services a broad range of electrical transmission, distribution and on-site power generation equipment in the field of utility, industrial, commercial original equipment manufacturer, and in critical power markets.
This presentation covers:
Transmission and Distribution Solutions - Equipment that distributes, controls, conditions and monitors the flow of electrical energy while protecting critical equipment such as transformers, motors, data center equipment and other machinery.
Critical Power Solutions - Onsite power generation systems, control equipment and services that ensure uninterrupted power to operations in times of emergency and in primary power applications, including data centers
Maj Soueidan Oct 2016 Traders For A Cause PresentationGeoInvesting LLC
Maj Soueidan is the founder of GeoInvesting.com, which helps everyday investors find underfollowed micro-cap stock ideas through information arbitrage. GeoInvesting educates investors, saves them time performing research, and aims to provide institutional-quality ideas. Maj takes advantage of readily available information not found by others to identify inflection points in stocks before they are processed by the broader market. While some of Maj's past ideas have increased over 1,000%, others that were once multi-baggers are now down substantially. GeoInvesting presents elevator pitches on ideas, issues daily reports, and keeps members alerted through social media.
Maj Soueidan Oct 2016 Microcap Conference Philly PresentationGeoInvesting LLC
Inflection points can serve as triggers for you to invest in particular stocks right before the meat of their growth cycles or at a time when they’ve improved their risk profiles for various reasons. I’ve found that the identification of inflection points has helped me pinpoint companies that tend to become acquisition targets. Of over 40 stocks that have been both the focus of our research AND acquired, some of these acquisitions were actually predicted by my team; others were just a byproduct of what happens when good research is rewarded.
Shedding Light on Tech Pro Technology (03823.HK)GeoInvesting LLC
• Tech Pro is a company that seems to be suffering from an identity crisis
• We believe the stock price is detached from the reality of our on the ground due diligence and the company’s financials
• Our due diligence raises questions that we believe should be brought to the attention of both the company’s auditor and regulators
• We believe the company will require continued dilutive equity financing to sustain operations
• We are currently short Tech Pro (03823.HK)
One of key strategies I use to find microcap diamonds in the rough is to combine the concepts of Growth + Value. On April 11, 2016, I presented (videos at bottom) at the 2016 Microcap Conference Toronto, where I gave a speech on this very subject. More detail on this presentation can be seen at my blog, http://geoinvesting.com/combining-tenets-growth-value-find-hidden-microcap-opportunities/.
President and Co-Founder of GeoInvesting presented at the 2016 Microcap Conference in Toronto, focusing on stock trading and investing strategies revolving around using a combination of growth and value when selecting investments.
microcapconf.com/conferences/toronto-2016/
April 11, 2016 - Heng Ren White Paper on Chinese BuyoutsGeoInvesting LLC
- 38 Chinese companies have announced management buyouts of US shareholders since 2015, offering below-average premiums. On average, premiums were less than three-quarters of the US average.
- These companies significantly increased their cash holdings after listing in the US, from an average of $46M pre-IPO to $280M at the time of buyout announcements. However, they are squeezing out US investors at prices below fair value and sometimes even below the IPO price.
- After buying out US shareholders, some companies have offered shares in China at much higher values, indicating the buyout offers to US investors were too low and unfairly enriched company management. Regulators need to close loopholes to
Moseda Technologies Company Presentation, November 2015GeoInvesting LLC
Moseda Technologies Inc. primarily engages in the development and operation of mobile device management software systems that allow the management to tracking of assets using mobile devices. It develops SmartCare, a mobile health solution for accessing, tracking, and managing patient health records securely from the Web, smartphone, or tablet; for automatic vital tracking; and for healthcare providers to manage staff and tasks. The company also provides SmartCare@Home, a telemedicine solution that utilizes the mobile, wearables, and SaaS technology to allow for remote patient monitoring. In addition, it offers SmartFleet, a fleet and asset tracking software for businesses that operate mobile and vehicle fleets. The company is headquartered in Vancouver, Canada.
Moseda Technologies Inc. primarily engages in the development and operation of mobile device management software systems that allow the management to tracking of assets using mobile devices. It develops SmartCare, a mobile health solution for accessing, tracking, and managing patient health records securely from the Web, smartphone, or tablet; for automatic vital tracking; and for healthcare providers to manage staff and tasks. The company also provides SmartCare@Home, a telemedicine solution that utilizes the mobile, wearables, and SaaS technology to allow for remote patient monitoring. In addition, it offers SmartFleet, a fleet and asset tracking software for businesses that operate mobile and vehicle fleets. The company is headquartered in Vancouver, Canada.
This CEO will present Phase 2 clinical trial results on November 7th that could revolutionize Alzheimer's treatment. If the results continue the promising early Phase 2A results of 83% of patients benefiting and a 4x improvement in memory over current drugs, the small company's stock could experience unprecedented gains as high as 2,150% as it moves towards Phase 3 trials. The discovery of an effective treatment for Alzheimer's, which currently has no cure, could be worth $67 billion annually and save the US healthcare system from being overwhelmed by rising Alzheimer's costs in the coming decades.
The document summarizes several stock picks and trades made by GeoInvesting between February and April 2015:
- They traded in and out of AMCN based on news and an investment valuing the stock at $8.
- They added to their position in ESCC at $0.40 in March 2015 based on an imminent liability resolution announced in April, causing the stock to rise 100%.
- In April they stated ORBK's muted reaction to strong earnings was a buying opportunity but visibility may only extend a few quarters.
- Several other trades and recommendations over this period included TOUR, HOFT, GBSN, NNBR, NVEE, ISDR, MNTX, BIOQ, LAS
L & L Energy's (LLEN) Dickson Lee Sentencing Memorandum - 2015GeoInvesting LLC
This document is a government sentencing memo recommending a 60 month prison sentence for Dickson Lee, the founder and CEO of coal company L&L Energy. It summarizes that Lee pled guilty to securities fraud for fabricating the existence of a CFO and lying on SEC filings to fraudulently obtain a NASDAQ listing, which boosted the company's stock price. It also claims that later, with the company desperate for cash, Lee secretly issued and dumped over 500,000 shares on the market without disclosure. The memo argues the fraud was severe and undermined market integrity, and that the sentencing guidelines fail to capture the full severity of Lee's actions.
Vocus cloud marketing software analyst day presentation june 6 2012GeoInvesting LLC
- Vocus provides cloud marketing software to help businesses attract, engage and retain customers.
- Digital marketing represents a significant opportunity, with the market expected to grow to $77 billion by 2016.
- Vocus' software suite addresses key functions of modern digital marketing like social, search, email and publicity.
- The company has a scalable and profitable business model focused on the SMB market of $3,000-30,000 customers.
We have reason to believe that the SEC already has Qihoo on its radar. Given the information presented in this report, along with other issues that we have omitted, we believe that Qihoo will be delisted from the NYSE and management charged with securities fraud.
Equity Insights - Sionex (SINX) Research Report May 2012GeoInvesting LLC
Sionix designs, develops, markets, and sells water management and treatment
solutions intended for use in the oil and gas, agriculture, disaster relief, and
municipal (both potable and wastewater) markets. The Company’s Mobile
Water Treatment System (“MWTS”) is configured dependent upon customer
requirements and integrates components and technologies based on those
requirements. Within these systems, the company utilizes a Dissolved Air
Floatation (“DAF”) system with patented technology that management
estimates removes more than 99.95 percent of the organic, and most
inorganic, particles in water. This includes the removal of hydrocarbons,
insoluble metals, infectious bacteria, algae, and color. Historically, DAF systems
similar to the DAF used in Sionix MWTS created bubbles that were 50 microns
or greater, which were unable to remove all contaminants due to their size.
The Sionix technology utilizes and refines DAF technology to provide a pretreatment
process using ambient oxygen and minimal chemical flocculent
aids that can be more efficient and cost-effective. The company’s patented
technology makes micro-bubbles that allow a much greater percentage of
contaminants to be captured, floated to the surface, and skimmed off with
minimal use of chemicals. The Company’s MWTS is mobile and modular such
that it can be transported easily to address a wide range of water treatment
markets and can meet customers’ needs for new systems or to replace or
integrate with existing filtration technologies. Sionix was initially incorporated
in Utah in 1996 and reincorporated in Nevada in 2003. The company’s website
is www.sionix.com.
The document is a presentation from Neenah Paper, Inc. given at an investor conference in February 2012. It provides an overview of Neenah Paper, including:
1) Neenah Paper leads in performance-based technical products and high-end printing papers. It has two business segments: Technical Products and Fine Paper.
2) The company has successfully transformed its business mix and financial performance through strategic acquisitions and focus on specialty markets.
3) Neenah Paper has continued strong financial momentum, with top and bottom line growth, improving margins, and increasing return on capital. A recent acquisition is expected to further drive growth and value creation.
Conclusive Proof that L&L International (LLEN) Does Not Own the Ping Yi MineGeoInvesting LLC
In a red flag alert issued to our premium members Friday, January 13th, 2012, we presented a Chinese SAIC filing and multiple website links showing that the Ping Yi Mine that allegedly represents 37% of LLEN’s production capacity is owned not by LLEN, but by an investment group of four Chinese nationals led by Mr. Hu Shiwei, and that this group is currently offering the mine for sale in China.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4study presented by a Big 4
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
3 25-2011 GeoInvesting Rebuttal to CGPI Letter to Shareholders
1. GeoInvesting Rebuttal to the Shareholder Letter published by CGPI
On March 15, 2011 CGPI published a letter to its shareholders. In this letter, CGPI summarized key issues raised by GeoInvesting
and gave “facts” regarding those issues. In addition to its letter to shareholders, CGPI also sent GeoInvesting a “Cease & Desist
Demand” letter via its attorney at the law firm of Richardson & Patel, LLP. In this letter, CGPI demanded through its attorney that
GeoInvesting immediately and forever take down a grossly inaccurate and misleading report located on the GeoInvesting web site.
What follows are (1) issues and “facts” (CGPI Response) summarized in CGPI’s letter to shareholders, (2) our responses, (3) a
written transcript (see supplement 1) of a conversation our assigned person had with the officers at the Funeral House and Cemetery
Management Center of Chongqing Civil Affairs Bureau on March 3, 2011 and (3) an additional written transcript of a second
conversation on March 25, 2011 (See Supplement 2) with the officers at the Funeral House and Cemetery Management Center of
Civil Affairs Bureau including a recording of the conversation.
Issue 1 CGPI Response
The Company’s cemetery license has been revoked and/or is The funeral service operation license issued to Foguang by the
expired. Chongqing Civil Administration Bureau in 2005 has never been
revoked or suspended.
GEO Rebuttal to CGPI Response:
As we stated in the original report, in addition to the online information we obtained from the Chognqing Civil Administration Bureau,
our assigned person also called the Chongqing Civil Administration Bureau on three separate occasions regarding this issue. Our
second call to the bureau dated March 3rd 2011 was made immediately after CGPI publicly submitted a letter it says was written
by the bureau claiming the company’s cemetery license was current. Based on the information we collected, we concluded that
2. the Company’s cemetery license had been revoked and/or expired.
An English transcript of the conversation on March 3, 2011 between our assigned person and an officer of Chongqing Civil
Administration Bureau is enclosed along with an additional transcript with a recording dated March 25th 2011.
Issue 2 CGPI Response
The revenue of Guiyuan Cemetery is incurred under the financial The correct translation of its legal name is Guiyuan Industrial Co.,
book of Guiyuan Cemetery Company, rather than Foguang’s. Ltd. (“Guiyuan Industrial”) not Guiyuan Cemetery Company. It
has nothing to do with the cemetery development business, nor
does it have the permit of cemetery plot sales. It only provides
property management services for Foguang while Foguang
operates and owns a cashier’s office that collects 100% of the
money from all plot sales. In the event that the assigned person
from the author visited Company’s sales center on the cemetery
site on January 8th Saturday, our cashier’s office was closed.
However due to the assigned person’s repeated request to transact
on that day which was Saturday, our sales accommodated his
request by issuing him an ineffective issuer’s copy (not
recipient’s copy and asked him to get Foguang sealed copy when
pay in full) of the receipt and stamped with a seal of Guiyuan
Industrial only insisted by the assigned person, and Guiyuan
Industrial does open its office during the weekends. Guiyuan
Industrial does not have access to the books and records of
Foguang. The cash is collected and paid to Foguang on the next
business day and the transaction is then recorded in Foguang’s
GEO rebuttal to CGPI Response:
On the day we purchased cemetery plots, the sales representative had a book of sealed receipts from Guiyuan Cemetery Company (重
庆市归园实业有限公司) and filled out several sealed receipts. After that, the sales representative gave those receipts to our assigned
www.geoinvesting.com
3. person. We do not know the internal transaction (if there was one) between Foguang and Guiyuan Company (重庆市归园实业有限
公司). We only know that Guiyuan Company received the money, issued the receipts and is not mentioned in SEC filings.
Issue 3 CGPI Response
We question that there is a Guiyuan Cemetery I in Changshou The plot of land referred to as “Guiyuan I” in our filings is the
District which was developed before 2002 and sold out already. Qinglongshan Cemetery project located in Fulin district of
At the same time, it is impossible that Guiyuan Cemetery II Chongqing, on approximately 66,660 square meters of land. Prior
started its business before 2002, rather than around 2005. to 2002, the Qinglongshan Cemetery was operated by a state
owned entity called Fulin Funeral Home which is part of the Civil
Administration Bureau. In 2002, Fulin Funeral Home outsourced
the development of the Qinglongshan Cemetery to Foguang, and
it was operated by Foguang until 2006 when all plots were sold
out. The plot of land referred to as “Guiyuan II” in our filings is
the land adjacent to Longqiao Lake that we started developing in
2005. We have comprised approximately 667,000 square meters
of land upon which we plan to develop cemetery plots, of which
approximately 79,373 square meters, or approximately 12%, has
have been in development to date.
GEO rebuttal to CGPI Response:
In the SEC documents, CGPI clearly claimed that “Foguang’s first cemetery development project is the Chongqing Guiyuan Cemetery
I (“ Guiyuan I ”), located in Changshou District of Chongqing on approximately 66,660 square meters of land.” Now, CGPI said that
Guiyuan I is the Qinglongshan Cemetery located in Fulin district of Chongqing.
From the website of Qinglongshan Cemetery located in Fulin district, (http://www.flgm.gov.cn/index.asp) Qinglongshan Cemetery
was approved by Chongqing Civil Affairs Bureau on Dec. 20, 2005. We also found that the cemetery license of Qinglongshan
Cemetery license is held by a company called Chongqing Fulin Qinglongshan Cemetery Co., Ltd., not by Foguang.
www.geoinvesting.com
4. (http://tieba.baidu.com/f?kz=942709596). We did not find any information to support claims Foguang has any relationship with
Qinglongshan Cemetery Co., Ltd.
Furthermore, before 2005, no subsidiary of CGPI obtained the required cemetery license for the claimed “Guiyuan I” cemetery.
Issue 4 CGPI Response
It appears unreasonable for CGPI to have sold the claimed We have developed and sold 18,108 plots in our Guiyuan II
numbers of plots mentioned in its SEC documents. project The average selling price was approximately $4,400 in our
fiscal year ended March 31, 2009, $5,400 in our fiscal year ended
March 31, 2010, and $6,800 in the nine months ended December
31, 2010. . Our sales records have been audited by PMB Helin
Donovan, LLP for the years ending March 31, 2009 and 2010,
with an interim review performed on subsequent periods through
December 31, 2010. We would be happy to host any investor who
wishes to walk through the property and count the plots.
GEO rebuttal to CGPI Response:
We suggest that investors quickly visit Guiyuan Cemetery to count the constructed plots.
In our supportive documents, we showed that by Jan of 2011, there only Foyuan, Xiaoyuan and Tianyuan were the constructed
cemeteries. Based on the observation of our assigned person, the approximate number of constructed plots is around 2,500,
which includes around 560 plots of Foyuan (20*28); around 560 plots of Xiaoyuan (20*28) and around 1,380 plots of
Tianyuan(20*69). Furthermore, the sales representative told our assigned person that there were around 6,000 constructed plots (this
number is much higher than the number of constructed plots counted by our assigned person), in which 1,800 are already sold.
Therefore, we regarded that it is not feasible for CGPI to sell 18,108 plots in Guiyuan II.
www.geoinvesting.com
5. Issue 5 CGPI Response
As previously stated in our SEC filings and in our January 26,
The cemetery license held by the Company does not belong to 2011 corporate update, China Redstone, through our operating
Foguang. subsidiary Chongqing Foguang Tourism Development Co. Ltd.
(“Foguang”), obtained a license on December 21, 2005 from the
Chongqing Civil Administration Bureau to develop and operate
cemeteries in Chongqing, China (see Exhibit 1). The license
effective date was June 23, 2004. After applying for and obtaining
approval to change the name of the project from Changshou
Longqiao Cemetery to Chongqing Guiyuan (“Guiyuan”), the
Changshou Civil Administration Bureau issued a new funeral
service operation license to replace the old one on August 22,
2006 (see Exhibit 2). The new one’s effective date, however,
remained as the old one’s June 23, 2004.
On July 14, 2008, the Chongqing Civil Administration Bureau
posted a notice stating that it would start to review and reissue a
new license to all existing cemetery license holders. The first
group included 39 funeral parlors and 61 cemeteries, which did
not include Foguang. The entities such as Foguang who were not
on the initial list could continue to operate legally under their
current license while the Chongqing Civil Administration Bureau
worked through the initial group of 100 entities. On March 3,
2010, the Chongqing Civil Administration Bureau posted an
update on the reissue process as follows:
1. All holders of licenses issued prior to 2008 should return their
current licenses and receive a new license.
2. All holders of the licenses issued prior to 2008 who have not
replaced their licenses should pick up a replacement application
form from the Civil Administration Bureau.
Subsequent to the notice, Foguang submitted its replacement
application form and contacted the Chongqing Civil
Administration Bureau to ascertain when its license would be.
www.geoinvesting.com
6. GEO rebuttal to CGPI Response:
We already explained the details of this issue in the first report.
Based on the information given by CGPI, “Chongqing Civil Administration required all holders of licenses issued prior to 2008 who
have not replaced their licenses to obtain a replacement application form from the Civil Administration Bureau.” As this stipulation
was announced on March 3, 2010, why did Foguang only submit the reassurance application on Feb. 23, 2011? (Exhibit 3.2 -
Reassurance Application of CGPI)
It is interesting that the date (Feb. 23, 2011) on which Foguang claims it submitted the reassurance application coincided exactly
after our telephone conference with the management team and HC International IR of CGPI, rather than immediately after the
above mentioned March 3, 2010 announcement by Chongqing Civil Administration Bureau.
Issue 6 CGPI Response
If there is any revenue of sales of plots generated after July 14th, As stated above, Foguang has maintained a valid cemetery
2008 (at least after July 14, 2010), the revenue should be regarded operations license from the Chongqing Civil Administration
as illegal revenue. Bureau since December 21, 2005. All revenues generated to date
are valid under both Chinese and US GAAP.
GEO rebuttal to CGPI Response:
The rebuttal is the same as the rebuttal to Issue 5.
www.geoinvesting.com
7. Issue 7 CGPI Response
These prices for plots purchased by the investigator are Redstone offers a range of cemetery plots which have broad range
substantially lower than the average sale price (USD 6,500) per in prices depending upon size, location, view, access, and other
plot claimed by CGPI in press releases. factors. Please refer to (Exhibit 4 -Plot Inventory) for further
sic -
Minimal size, almost no landscaping, average Fengshui, no free
-Small size, average landscaping, average
-Medium size, average landscaping, good
-Large size, nice landscaping, top Fengshui,
potential decoration space For the period April 1, 2010 through
January 31, 2011, Redstone has sold 5,786 plots at an average
price of $6,975. During the past several years we have witnessed
several competitors selling out of their property. By combining
this along with meaningful appreciation in most asset classes
across China, Redstone has been able to enjoy consistent price
increases across its product
offering since the inception of our cemetery. The average selling
price was approximately $4,400 in our fiscal year ended March
31, 2009, $5,400 in our fiscal year ended March 31, 2010, and
$6,800 in the nine months ended December 31, 2010.. Included in
our 10-K filing for fiscal 2010 we included a pricing chart. This
clearly shows that price points of $1,500 -$7,500 (including
single and double graves) represented 82% of total sales.
GEO rebuttal to CGPI Response:
The price range provided by the sales representative is available in the supportive document we originally published. The prices in the
price range are also substantially lower than CGPI’s claimed prices. A price range of the Peach Glove Cemetery (桃园公墓) (the
only legal cemetery in Changshou District) is also provided in our supportive documents. This range is the price range of Peach
Glove Cemetery (桃园公墓), which is also much lower than the claimed price of CGPI.
www.geoinvesting.com
8. Issue 8 CGPI Response
The land (339,444 m2) the Company claims it has to build future As explained in our business update on January 26, 2011, the
cemetery plots may be the Longqiao Lake on which not any plot 339,444 square meters is the land which is adjacent to the lake
can stand. and part of our key cemetery property, not the Longqiao Lake.
(Please see Exhibit 5 and Exhibit 6 showing the land on the land
transfer agreement).
GEO rebuttal to CGPI Response:
As we stated in the report, we copied the files from the Land & Resource Bureau of Changshou District. Exhibit 5 does not explain
where the land is and where the borders of the land are. Exhibit 6 contains the meeting minutes that we already included in our
supportive documents. We content that these documents (Exhibit 5 and Exhibit 6 of CGPI) cannot invalidate our finding.
www.geoinvesting.com
9. Issue 9 CGPI Response
The calculation of the intangible assets calculated by CGPI based We have obtained land use rights to develop and operate cemetery
on the “approximately 210,000 plots that can be developed and operations on 339,444 square meters of land. upon receipt of the
sold from the 339,444 square meters of land” may be misleading. land use rights in 2005, the Company obtained an independent
If our finding is accurate, the intangible assets of the Longqiao Land Assessment Report (see Exhibit 7) from a certified valuator,
Lake for the cemetery business of CGPI will become substantially which valued the land at RMB 90.97 million (approximately
less than what is disclosed in SEC documents. $13.8 million using the December 31, 2010 exchange rate of
6.592 RMB/USD). This report was the source for the original cost
basis of the land. The Company performs annual reviews of all
long-lived assets, including land use rights, for impairment. Based
on our reviews, no impairment has occurred with respect to these
land use rights.
GEO rebuttal to CGPI Response:
The rebuttal to issue 9 is the same as the rebuttal to issue 8.
www.geoinvesting.com
10. Issue 10 CGPI Response
The leased land, where the cemetery does exist, is illegally leased Foguang has legally leased 381,794 square meters of land from
from the government of Jiangnan Town as the lease agreement the government of Jiangnan county.
and the principle activities on the leased land violate the PRC On December 11, 2003, the Changshou CHURD approved the
laws. Topographic Chart (see Exhibit 8) of Longqiao Lake Cemetery
and noted at the right bottom corner of the chart that Loangqiao
Lake Cemetery could be developed within the red circle area. The
red circle includes all the lands belong to the Chongqing
Municipality Changshou District Jiangnan County Longqiao Lake
and Qianfo Group 6. On January 29, 2008, Foguan and
Chongqing Municipality Changshou District Jiangnan County
Longqiao Lake and Qianfo Group 6 reached the Rural Land
Operation Right Transfer Agreement (see Exhibit 9). In the
Agreement, the villagers transferred their Land Contractual
Management Rights of 381,794 square meters to Foguang.
According to Article 32 and 34 under the PRC Law on Land
Contract in Rural Areas, the villagers have the right to lease their
Land Contractual Management Rights to Foguang who is then
authorized to utilize the land for the development of Guiyuan
Cemetery (aka Longqiao Lake Cemetery) Project. The usage of
the leased land was converted to that of the construction land by
government planning bureau (see Exhibit 10). Under PRC Law,
the usage nature of a land is decided and regulated by government
planning bureau according to the need of development instead of
individuals or civil entities.
GEO rebuttal to CGPI Response:
For this issue, we suggest investors do the internet research in Chinese on different search engines, such as, Google and/or Baidu. The
key words are “耕地” (agricultural land), “非法” (illegal), “公墓”(cemetery) and “占用”(occupy). Investors can find many useful
resources to support our conclusions regarding this issue.
www.geoinvesting.com
11. All documents provided by CGPI refer to the planning (construction planning and/or land planning) of the cemetery.
In the conversation between our assigned person and the officer of Chongqing Civil Administration Bureau, the officer also mentioned
that the reason that Guiyuan Cemetery does not have a current cemetery license is because of “Land”.
Issue 11 CGPI Response
Based on the PRC law, to purchase any land collectively owned In PRC Law, the usage nature of a land is decided and regulated
by farmers, the government shall nationalize the land at first and by government planning bureau according to the need of
transfer to the company after the nationalization. Furthermore, the development instead of individuals or civil entities. On January
government of Chongqing City published a rule called Cemetery 15, 2004, Changshou District Commission of Housing and Urban
and Funeral Management Rules of 1998, which clearly states that Rural Development (“CHURD”) issued the No. 83 of Year 2003
a cemetery shall not occupy agricultural land and/or forest (article official construction land planning permission certificate (see
20) Exhibit 10) which shows: the land-use project name: Longqiao
Lake Cemetery, Land-use area: 1,333,400 square meters, refer to
the Notice of Approval of The Location Selection and
Topographic Chart for location and scope.
GEO rebuttal to CGPI Response:
The rebuttal to issue 11 is the same as the rebuttal to issue 10.
www.geoinvesting.com
12. Issue 12 CGPI Response
In 2007, Chinese media also broadly reported the illegal During the construction process of the Guiyuan project in 2005
construction of Guiyuan Cemetery on the agricultural land and the company hired an independent contractor to clear some forest
other relevant Allegations. Furthermore, The Land and Resource area, but the contractor did not obtain the appropriate “tree
Bureau of Chongqing District also fined (nominal) the removal” permit. The Land and Resource Bureau of Chongqing
construction of Guiyuan Cemetery in 2005 and required District ordered the contractor to stop work, pay a nominal fine,
Foguang/Guiyuan to stop the construction. and obtain the proper permits. Once the proper permits were
obtained they were able to resume work. This was a simple
oversight by the contractor, who was responsible for obtaining the
permit, and was corrected immediately. This incident had no
impact on the status of our cemetery license or our ability to
develop and sell cemetery plots from that point forward.
GEO rebuttal to CGPI Response:
We recommend that retail investors utilize a translator to translate the media reports that can be found online. The media reports are
as follows:
1. http://wszc.ws.online.cq.cn/fc/news/list.asp?id=401
2. http://news.xinhuanet.com/house/2007-08/08/content_6491168.htm
3. http://xamsg.focus.cn/news/2007-08-08/347618.html
www.geoinvesting.com
13. Issue 13 CGPI Response
The company may have constructed the tourism business plan to This allegation is false. As disclosed above, we made a strategic
increase the chances of raising money from investors. We also decision to divest the tourism project, which has nothing to do
believe that CGPI may be attempting to recover its investment in with the development of Longqiao Lake Cemetery Park, in order
order to raise money to purchase land use rights and operate to focus on its successful main business, rather than enter into a
legally. new industry altogether in which we do not have core
competency. The sale of this project has nothing to do with land
use rights, as the land use rights have been properly obtained as
described above. We have properly classified the related assets as
held for sale on its balance sheet for all periods after the
determination was made to discontinue the project, and have
made timely and appropriate disclosures about the change in
plans. We are currently taking bids for the project and initial
findings show that we should be able to recover the full costs
incurred to date.
GEO rebuttal to CGPI Response:
Our assumption regarding why CGPI abandoned the tourism project was only our opinion. Even so, it has little to do with the major
issues at hand. From the conversation with the government officer of Chongqing Civil Administration Bureau, we understand that the
outstanding problem for Guiyuan Cemetery is the “Land”.
Disclosure: No positions in CGPI
www.geoinvesting.com
14. Disclaimer:
You agree that you shall not republish or redistribute in any medium any information on the GeoInvesting website without our
express written authorization. You acknowledge that GeoInvesting is not registered as an exchange, broker-dealer or investment
advisor under any federal or state securities laws, and that GeoInvesting has not provided you with any individualized investment
advice or information. Nothing in the website should be construed to be an offer or sale of any security. You should consult your
financial advisor before making any investment decision or engaging in any securities transaction as investing in any securities
mentioned in the website may or may not be suitable to you or for your particular circumstances. GeoInvesting, its affiliates, and the
third party information providers providing content to the website may hold short positions, long positions or options in securities
mentioned in the website and related documents and otherwise may effect purchase or sale transactions in such securities.
GeoInvesting, its affiliates, and the information providers make no warranties, express or implied, as to the accuracy, adequacy or
completeness of any of the information contained in the website. All such materials are provided to you on an "as is" basis, without
any warranties as to merchantability or fitness neither for a particular purpose or use nor with respect to the results which may be
obtained from the use of such materials. GeoInvesting, its affiliates, and the information providers shall have no responsibility or
liability for any errors or omissions nor shall they be liable for any damages, whether direct or indirect, special or consequential even
if they have been advised of the possibility of such damages. In no event shall the liability of GeoInvesting, any of its affiliates, or the
information providers pursuant to any cause of action, whether in contract, tort, or otherwise exceed the fee paid by you for access
to such materials in the month in which such cause of action is alleged to have arisen. Furthermore, GeoInvesting shall have no
responsibility or liability for delays or failures due to circumstances beyond its control.
www.geoinvesting.com