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USER AGREEMENT THE USE OF THE TRADEXCHANGE FORUM/SQUAWK/WEBSITE/EMAILS/WEBINARS/EDUCATIONAL VIDEOS ON A BETA/TRIAL/PAID/CONTRIBUTOR STATUS, YOU OBLIGE BY ALL THE AGREEMENTS BELOW - PRIOR TO ENTRANCE OF THE THE TRADEXCHANGE FORUM/SQUAWK/WEBSITE/EMAILS/WEBINARS/EDUCATIONAL VIDEOS - PRIOR TO FREE TRIALS/SUBSCRIPTIONS ALL MEMBERS AGREE TO THIS ENTIRE DOCUMENT AND ABIDE BY ALL THERE-IN. THE TRADEXCHANGE IS A NEWS MEDIA ENTITY 

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We are not recommending that you buy or sell particular securities. Information on this website should not be interpreted as investment or personal investment advice or as an endorsement of individual securities. 

TRADEXCHANGE is not a registered broker-dealer or investment/professional advisor, you should consult your own personal investment advisor for any financial advice. The information on this website is believed to be - but not guaranteed - to be accurate. Past performance is not a guarantee of future performance. 

TRADEXCHANGEaccepts no responsibility for any losses or damages resulting from decisions made from or because of information on this website. Investing in stocks is always risky so you should do your own research before buying or selling securities. 

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TRADEXCHANGE is for informational purposes only and should not be construed as research or an offer or solicitation of an offer to buy or sell securities. By reading this or any post by TRADEXCHANGE and listening to audio or viewing any video by TRADEXCHANGE, you are accepting the sole responsibility for your own investment decisions. By reading messages and / or viewing videos on the internet by TRADEXCHANGE, you acknowledge that the information here unto contained within the message, audio and / or video is provided solely for general opinionated discussion and informational purposes only and therefore should not be considered to be complete, precise, accurate, or current investment advice. Beware that Always do your own due diligence prior to making an investment decision. Also, be aware that information provided concerning certain securities contains forward looking statements that involve risks and uncertainties. 

The TradeXchange does not maintain any brokerage accounts either corporate or personal. The TradeXchange Analyst Desk does not take on or trade any positions relating to any information provided in the FORUM, SQUAWK Audio, Market Stream, or any future products and services provided by the organization. Information provided by the TradeXchange Analyst Desk is based models proprietary and algorithmic models to allow for the filtering of information relating to, but not limited to, Options, Insider transactions, Company Filings, Technical Levels, Economic News, Desk Chatter, Social Media and Web based information. Any information gathered and parsed does not take into consider the motive of the information gathered from 3rd party sources, including but not limited to web sites, and social media handles including but not limited to Twitter, Facebook, Instagram, Snapchat, and any other trading FORUMs and discussion rooms. The TradeXchange has incorporated a market neutral and non direction approach to providing information to our subscribers, website and mobile visitors.

Contributors to The TradeXchange are independent sources of information and should be approached as such. As the Contributors are not part of the TradeXchange obligation to not own shares in a particular security, a particular Contributor may own a corporate or personal brokerage account in which activity may take place relating to information provided in the TradeXchange FORUM, Squawk or any other future product or service. Since the TradeXchange does not pay the Contributors for any information that is provided into the TradeXchange services, subscribers are to understand that no account exists, corporate, personal or otherwise, to combine funds of the TradeXchange Analysts and our contributors. Any information provided by contributors within the TradeXchange FORUM, Squawk Audio and other future products and services should be approached with caution and with considerable due diligence.

Any commentary from contributors including those comments or technical levels relating to “Level Watch Alerts” is provided for information purposes only. Subscribers and visitors to The TradeXchange website and any other authenticated portal of The TradeXchange must consult and investment advisor relating to any trades pertaining to “Level Watch Alerts”. It is thus incumbent upon the subscriber and visitor to The TradeXchange to assume responsibility of trading when acting on any information relating to news, options, filings, and technical levels, including “Level Watch Alerts”. Any information provided to subscribers and visitors of The TradeXchange is not, an explicit or implicit, invitation to trade a particular security or derivative. Subscribers and visitors of The TradeXchange understand that any trading activity undertaken is on their own accord without any influence from The TradeXchange Desk, contributors or specific statements including “Level Watch Alerts” posted in any web page or portal of The TradeXchange.

Neither The TradeXchange, its staff, or contributors recommends that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. All information contained on this website is provided as general commentary for informative and entertainment purposes, and does not constitute investment advice. The TradeXchange will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on this information, whether specifically stated in the above Terms of Service or otherwise. The TradeXchange recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.

Contributors to The TradeXchange are independent sources of information and should be approached as such. As the Contributors are not part of the TradeXchange obligation to not own shares in a particular security, a particular Contributor may own a corporate or personal brokerage account in which activity may take place relating to information provided in the TradeXchange FORUM, Squawk or any other future product or service. Since the TradeXchange does not pay the Contributors for any information that is provided into the TradeXchange services, subscribers are to understand that no account exists, corporate, personal or otherwise, to combine funds of the TradeXchange Analysts and our contributors. Any information provided by contributors within the TradeXchange FORUM, Squawk Audio and other future products and services should be approached with caution and with considerable due diligence.

A subscriber to The TradeXchange FORUM, TX NewsDesk and TX Squawk Audio Services must undertake due diligence relating to any information provided by The TradeXchange Analyst Desk and Contributors. All information provided through any portal and/or product of The TradeXchange service, including but not limited to, Websites, Mobile Access, social media and multimedia sites such as Facebook, Twitter, Instagram, SnapChat, Stocktwits, YouTube, is to be used for information purposes only. Any information that is provided by The TradeXchange Analyst Desk and its Contributors that may mention a particular news item, data based information such as Options Activity, Insider Transactions, Company Filings technical levels, desk chatter, or otherwise, referencing stocks, bonds, futures, commodities or the combination thereof is for reference and information purposes only. Subscribers who incorporate trade methodologies based on the aforementioned information that originated from The TradeXchange Analyst Desk and/or Contributors within any of the mentioned internet/social media based portals or products agree to not hold The TradeXchange to any loss/gain associated with said information.

By subscribing to The TradeXchange brands and accessing information, you agree to not hold The TradeXchange accountable for any gains and /or losses associated with any information provided to you, your associates, colleagues, friends, family and/or joint account holders.

WHEN INFORMATION/NEWS IS DISSEMINATED FOR PENNY STOCKS OR BULLETIN BOARD EQUITIES, THOSE INVESTMENTS AS ALL OTHERS ARE VERY RISKY  You may use the Site only for your personal (non-professional) use and only in accordance with this User Agreement or TOS. Your right to use the Site is subject to your agreement and understanding to abide by this User Agreement or TOS in its entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Site. Any attempts to violate the security of any part of this site or the TX forum will be in against the TOS of TRADEXCHANGE. You may not use this Site for fraudulent and illegal activities whatsoever. You may not use this Site for attack, defamation, harassment or any kind of offensive material against any person or persons either on the Site or elsewhere publicly and privately. You may not use this Site for advertising activities. You may not use this Site to suggest, incite, provoke, and coerce other members into leaving this Site. You agree to inform the operator of this Site for security related issues. At any time and for any reason we may revoke your right to use the Site or any portion of the Site without giving you any reasons. THE TRADEXCHANGE does not assure the 'subscriber' 'free trial member' or 'contributor' that the TX Forum will lead to profitable investments. As in all other types of Investments, you may lose all your money if you make investments based on the Information. You alone are responsible for your use of the Site. You alone are responsible for any action you take or decision you make in regards to the content and the information on the TradeXchange site. Some of the contents and commentary that 

Subscribers who are registered representatives in the United States must comply with their respective broker dealers as they relate to receiving, trading based on information provided by online media organizations and portals, and dissemination of information based on online media organizations and portals. The licensed representative assumes the responsibility of contacting The TradeXchange with any changes to the requirements of the Broker Dealer as they relate to accessing information from The TradeXchange. The TradeXchange makes every effort to comply with Broker Dealer Compliance regulations with respect to information provided in all products and portals. Those registered representatives electing to receive information from the TX FORUM must comply with the said information discussing Contributors and respective brokerage and trading accounts. Subscribers who are registered representatives in the United States must comply with their respective broker dealers as they relate to receiving, trading based on information provided by online media organizations and portals, and dissemination of information based on online media organizations and portals. The licensed representative assumes the responsibility of contacting The TradeXchange with any changes to the requirements of the Broker Dealer as they relate to accessing information from The TradeXchange. The TradeXchange makes every effort to comply with Broker Dealer Compliance regulations with respect to information provided in all products and portals. Those registered representatives electing to receive information from the TX FORUM must comply with the said information discussing Contributors and respective brokerage and trading accounts.

TradeXchange may include/provide mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news. STOCK TRADING AND OPTIONS TRADING INVOLVES HIGH RISKS AND YOU CAN LOSE ALL OF YOUR MONEY. TRADEXCHANGE, its affiliates, owners, employees, partners do NOT offer financial advice based on your personal financial situation or goals and shall NOT be held liable for any investment or trading losses you may incur by using the information provided. This includes your trading the stocks mentioned on the Internet, various Internet chat rooms, message boards, video charts, video press release, in daily or weekly alerts or any other company publications. None of the information contained on messages in various Internet chat rooms, message boards, video charts, video press releases, in daily or weekly alerts or any other TRADEXCHANGE publications constitutes a recommendation to buy or sell a particular security. The content provided by the 

In no way are the writings or comments of any one contributor meant to represent or reflect the views or beliefs of The TradeXchange, Marmadon Holdings (Parent Company of The TradeXchange), or its officers, employees, or affiliates. Each analysis, opinion and Independent Research article is unique and represents the opinion of that writer. An opinion expressed by this contributor does not reflect the views of any organization, employer, or religious congregation that contributor may be associated with unless expressly stated. In no way does this or other opinions and/or Independent Research constitute a recommendation of any kind to buy or sell a particular security including but not limited to Equities, Derivatives, Treasuries, Futures, ETFs and Commodities.

TX.edu and independent research sections of The TradeXchange website is provided for educational and informational purposes only. The analysts and contributors that provide information and analysis may or may not hold positions in the underlying stocks, bonds, futures, commodities or any combination thereof. These positions may consist of long and short positions and may include hedging strategies including derivatives of any kind. The TradeXchange does not commission Contributors or analysts to provide information in the TX.edu or Independent Research sections of the website. The writers and analysts provide information on their own accord and are not compensated for the work provided. Visitors to the website and subscribers of The TradeXchange services are not obligated nor encouraged to read, analyze or act on information provided in the TX.edu and Independent Research sections of the website. Should a subscriber or visitor of The TradeXchange website trade based on information provided in the TX.edu and/or Independent Research sections of the website, the said subscriber and /or visitor of the website does so on their own accord. Due diligence must be adhered to when reading the aforementioned information and analysis. Subscriber and visitors of the website are encouraged to seek the counsel of an investment advisor with questions pertaining to the information provided in the said sections. Mention of a particular security in the TX Forum, TX NewsDesk, TX Squawk Audio, TX Market Stream that corresponds to a particular article in the TX.edu section and/or the Independent Research sections are purely coincidental and should not be interpreted as a recommendation to buy or sell the said security.

By subscribing to the TX information in a given portal or products, the subscriber is hereby obligated to not disseminate the information based on aforementioned TX based data. Subscribers who disseminate said information with out the prior approval and written consent of The TradeXchange will be prosecuted to the extent of the law, including but not limited to copyright and trademark law.

THE TRADEXCHANGE FORUM/SQUAWK/WEBSITE/EMAILS/WEBINARS/EDUCATIONAL VIDEOS is provided solely as an informational aid and is not to be misconstrued or interpreted as research and all investment decisions are solely the responsibility of the user. The information contained in TRADEXCHANGE alerts, various Internet chat rooms, video charts, video press releases and other materials offered is believed to be accurate; however, TRADEXCHANGE makes no warranties or guarantees to its accuracy. All information that is taken from SEC filings, company websites and Internet search engines and is believed to be accurate and TRADEXCHANGE takes no responsibility if the information was not accurate and up to date.

YOU UNDERSTAND AND AGREE THAT WE(THE TRADEXCHANGE) ARE NOT LIABLE FOR ANY ACTION YOU DECIDE TO TAKE OR ANY DECISION YOU MAKE IN RELIANCE TO THE SITE, THE TX FORUM AND/OR THE CONTENT ON THE SITE AND WITHIN THE FORUM. TRADEXCHANGE, its affiliates, and partners are not responsible or liable in any manner for any Content posted on the Service, whether posted or caused by Users, by TRADEXCHANGE, by third parties or by any of the equipment or programming associated with or utilized in the Service. Although we provide rules for User conduct and postings, we do not control and are not responsible for what Users post, transmit or share on the Service and are not responsible for any inaccurate, offensive, inappropriate, obscene, unlawful or otherwise objectionable Content you may encounter on the Service. The Company, its affiliates and partners are not responsible for the conduct, whether online or offline, of any User.

TRADEXCHANGE may change these terms from time to time without notice. The 'subscriber' should check these terms regularly. Your continued use of our website will be deemed acceptance of the updated or amended terms. If you do not agree to the changes, you should cease using our website and forum immediately. By using the Site/Forum you indicate that you understand, accept and agree to comply with every term and condition of this User Agreement and TOS. This User Agreement is a binding agreement between you and TRADEXCHANGE.

 By understanding and agreeing with the entire agreement and TOS you have the ability to use every aspect of our Site/Forum and any other services we provide to the fullest extent unless any part of the agreement has been broken.

Chat Room Conduct: You agree to use The TradeXchange Web site, Content and services for lawful purposes only. You may not: Transmit any Content that is abusive, vulgar, obscene, hateful, fraudulent, unlawful, threatening, harassing, or defamatory; Post or transmit any matter that you do not have a right to transmit under law (such as copyright) or under contractual or fiduciary relationships (as in nondisclosure agreements); Harass or threaten any member of or other entity, or any individual; Post, transmit, promote, link to, or facilitate the distribution of sexually explicit Content; Impersonate any person or entity, or falsely state or otherwise misrepresent your affiliation with a person or entity. Post, transmit, or facilitate the transmission of statements that are intentionally false or misleading, or use such statements to manipulate the market for any security;Post or transmit, or cause to be posted or transmitted, chain letters or pyramid schemes; Post or transmit, or cause to be posted or transmitted, any unsolicited advertising, promotional materials, or other forms of solicitation; Offer, sell, or purchase any registered or unregistered security; Intentionally violate any applicable local, state, national, international or foreign law, including regulations promulgated by such governmental entities as the U.S. Securities and Exchange Commission. Intentionally violate the applicable rules of any national or other securities exchange, including, without limitation, the New York Stock Exchange, the American Stock Exchange, or the NASDAQ. Labels in the TradeXchange Forum are there to show reference and also where information was attained. Red/Orange comments are OPTION looks those with a (sm) label are from Social Media. Blue comments are General news. Green comments are TradeXchange commentary. Black lettering is designated for all other headline news, each label shows where information is garnered. In the Black lettering those without labels are all attained from social media and blogs.

LASTLY, USE OF THIS WEB SITE, www.theTRADEXCHANGE.com, CONTENT IS SOLELY AT YOUR RISK. TRADEXCHANGE AND ITS AFFILIATES, SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES AND LICENSERS WILL NOT BE LIABLE TO YOU OR ANY OTHER PERSON AS A RESULT OF YOUR USE OF, OR RELIANCE ON, OR INABILITY TO USE TRADEXCHANGE FOR INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOST SAVINGS AND LOST REVENUES, WHETHER OR NOT CHARACTERIZED IN NEGLIGENCE, TORT, CONTRACT, OR OTHER THEORY OF LIABILITY, EVEN IF ANY OF THE TRADEXCHANGE PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF OR COULD HAVE FORESEEN ANY OF THE EXCLUDED DAMAGES, AND IRRESPECTIVE OF ANY FAILURE OF AN ESSENTIAL PURPOSE OF A LIMITED REMEDY. IF ANY APPLICABLE AUTHORITY HOLDS ANY PORTION OF THIS SECTION TO BE UNENFORCEABLE, THEN THE TRADEXCHANGE PARTIES' LIABILITY WILL BE LIMITED TO THE FULLEST POSSIBLE EXTENT PERMITTED BY APPLICABLE LAW.

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TradeXchange may collect and use the following kinds of personal information: Information about your use of this website Information that you provide using for the purpose of registering with the website Information about transactions carried out over this website Information that you provide for the purpose of subscribing to the website services ; and Any other information that you send to TradeXchange Using personal information TradeXchange may use your personal information to: Administer this website; personalize the website for you; enable your access to and use of the website services; publish information about you on the website; send to you products that you purchase; supply to you services that you purchase; send to you statements and invoices; collect payments from you; and send you marketing communications. Where TradeXchange discloses your personal information to its agents or sub-contractors for these purposes, the agent or sub-contractor in question will be obligated to use that personal information in accordance with the terms of this privacy statement. In addition to the disclosures reasonably necessary for the purposes identified elsewhere above, TradeXchange may disclose your personal information to the extent that it is required to do so by law, in connection with any legal proceedings or prospective legal proceedings, and in order to establish, exercise or defend its legal rights.

Securing your data TradeXchange will take reasonable technical and organisational precautions to prevent the loss, misuse or alteration of your personal information. TradeXchange will store all the personal information you provide on its secure servers. Information relating to electronic transactions entered into via this website will be protected by encryption technology. Cross-border data transfers Information that TradeXchange collects may be stored and processed in and transferred between any of the countries in which TradeXchange operates to enable the use of the information in accordance with this privacy policy. In addition, personal information that you submit for publication on the website will be published on the internet and may be available around the world. You agree to such cross-border transfers of personal information. Updating this statement TradeXchange may update this privacy policy by posting a new version on this website. You should check this page occasionally to ensure you are familiar with any changes. Other websites This website contains links to other websites. TradeXchange is not responsible for the privacy policies or practices of any third party. Contact TradeXchange l If you have any questions about this privacy policy or TradeXchange treatment of your personal information, please visit our Contact TradeXchange page and let us know.

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If The TradeXchange determines that a subscriber has violated the Digital Millennium Copyright Act, described below, privileges to the www.thetradexchange.com website and access to all of The TradeXchange Forums will be revoked, subscription cancelled, and any amounts paid prior to the cancelled subscription will not be refunded. DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) Section 512 The TradeXchange has submitted and has been approved for the safe-harbor provisions as they relate to postings to our website, www.thetradexchange.com and all of The TradeXchange Forums by visitors, contributors, users and subscribers. The TradeXchange has established "notice-and-takedown" procedures to promptly remove content when a copyright owner contacts The Tradexchange that posted content infringed on any copyright laws. The Tradexchange will respond expeditiously to notices of claimed copyright infringements and will terminate subscribers and users privileges who are "repeat-infringers". If The TradeXchange becomes aware that one or our users or subscribers is a repeat copyright infringer, it is our policy to take reasonable steps within our power to terminate that user or subscriber. The TradeXchange may from time to time receive a notice of claimed infringement from a copyright owner, alleging that content on www.thetradexchange.com or any of The TradeXchange Forums infringes the holder's copyright. Such a notice must comply with the 17 USC section(c)(3)(B). Once The TradeXchange verifies that a copyright notification substantially meets these formal requirements, in order to qualify for the safe harbor, The TradeXchange will expeditiously remove or disable access to the material that is claimed to be infringing, notify the user or subscriber that the material has been removed so that they may file a counter-notice should they wish, if proper counter-notice is provided, notify the copyright holder and provide a copy of that counter-notice, if proper counter-notice is provided. The aforementioned information relates to Section 512 of the DMCA. Please contact [email protected] or +1 203.979.1250 as it relates to the designated copyright agents. The listed designated agent for concerns of copyright infringement is Marmadon Holdings located at 181 Main Street, Suite 1A, Norwalk, CT 06851

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