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The information on this site is not intended to be, nor shall constitute, an offer to sell nor solicitation of any offer to buy any security. The information presented on this site is subject to change without notice, and Crystal Research Associates assumes no responsibility to update this information. Additionally, Crystal Research Associates and/or its officers and employees, and/or members of their families may have a long/short position in the securities mentioned and may make purchases and/or sales for their own account of those securities. Crystal Research Associates is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. Any featured company logos or other third party logos are service/trademarks of their respective owners. All other content copyright © 2017 Crystal Research Associates. All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of Crystal Research Associates.

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Investing in stocks, especially low priced or small capitalization stocks, is highly speculative and carries an extremely high degree of risk. It is possible that an investment in such stocks may be entirely lost or substantially impaired. Such stocks are often thinly traded, meaning that large sell orders will have a substantially negative impact on share price. The stocks of these companies are frequently less liquid than those of companies that have a larger and more substantial public float of outstanding shares. This means that investors in small capitalization and/or less liquid companies may experience difficulty in selling shares and selling shares may result in a decline in market price. Some of these stocks could go bankrupt due to lack of funds or the SEC could halt trading in them. Before investing in small capitalization and/or less liquid companies, investors are advised to seek qualified, licensed, professional advice in order to secure knowledge of the special risks and hazards associated with trading low-priced, high-risk stocks. Certainly no investor should invest in these companies if the investor cannot afford to suffer the entire loss of his or her investment. There is no guarantee, and Crystal Research Associates does not warrant, that companies profiled or discussed will continue to trade on their current exchange.

Information regarding investments is available from the Securities and Exchange Commission at and, from the Financial Industry Regulatory Authority, Inc., and from the OTCBB at Information specifically related to microcap stocks is available at Crystal Research Associates is not affiliated with any of these organizations.

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