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IMPORTANT LEGAL INFORMATION


Stonehenge Capital Management, LLC and Online and Website User Agreement

Please read the Stonehenge Capital Management, LLC and Online and Website User Agreement. They include disclaimers of
liability and other matters of interest to users. You agree to the terms and conditions of the User Agreement.

This web site has been designed for informational purposes only and does not constitute an offer to sell nor a solicitation of an
offer to buy any security which may be referenced upon the web site. Such offers can only be made where lawful under
applicable law. The services and information provided through this web site are for personal, non-commercial use and display.
Stonehenge Capital Management, LLC does not intend to provide investment advice through this site and does not represent
that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information
contained in the site in the process of making a fully informed investment decision. Stonehenge Capital Management, LLC
does not, and this site does not intend to, render tax or legal advice.  This web site has been published in the United States for
residents of the United States only.

Nothing on this site shall be construed to be a solicitation to buy or offer to sell any security, product or service to any non-U.S.
investor, nor shall any such security, product or service be solicited, offered or sold in any jurisdiction where such activity
would be contrary to the securities laws or other local laws and regulations, or would subject Stonehenge Capital
Management, LLC or any of its affiliates to any registration requirement within such jurisdiction. U.S. investors should be
advised that not all investments discussed on this site might be available in all states.

Recommendations listed herein may not be suitable for all investors. This is not a solicitation of any order to buy or to sell.
Moreover, the information contained herein has been obtained from sources believed to be reliable; its accuracy and
completeness cannot be guaranteed. We do not undertake to advise you as to any change in figures or our views. Stonehenge
Capital Management, LLC and its employees, officers, and directors will effect transactions, including transactions contrary to
any recommendations herein, and will hold positions in the securities mentioned or options, rights, or warrants with respect
thereto Stonehenge Capital Management, LLC has available additional information on its stock recommendations.

Notice for Non-U.S. Investors
The web site has been published in the United States for residents of the United States only. This site is not intended for use
by, or to provide any information to, investors outside of the United States, and such investors should not rely on any
information or material appearing on the site.  Stonehenge Capital Management, LLC reserves the right to require proof of
residence from any user accessing the site and requesting information. Investors outside of the United States are subject to
securities and tax regulations within their applicable jurisdictions that are not addressed on this site.

WARRANTY AND LIMITATION OF LIABILITY
THE ACCURACY, COMPLETENESS AND TIMELINESS OF THE INFORMATION CONTAINED ON THIS WEB SITE CANNOT
BE GUARANTEED.   STONEHENGE CAPITAL MANAGEMENT, LLC DOES NOT WARRANTY, GUARANTEE OR MAKE ANY
REPRESENTATIONS, OR ASSUME ANY LIABILITY WITH REGARD TO FINANCIAL RESULTS BASED ON THE USE OF THE
INFORMATION IN THE SITE. STONEHENGE CAPITAL MANAGEMENT, LLC IS NOT LIABLE FOR ANY HARM CAUSED BY
THE TRANSMISSION, THROUGH ACCESSING THE SERVICES OR INFORMATION ON THIS SITE, OF A COMPUTER VIRUS,
OR OTHER COMPUTER CODE OR PROGRAMMING DEVICE THAT MIGHT BE USED TO ACCESS, DELETE, DAMAGE,
DISABLE, DISRUPT OR OTHERWISE IMPEDE IN ANY MANNER, THE OPERATION OF THE SITE OR OF ANY USER'S
SOFTWARE, HARDWARE, DATA OR PROPERTY. THE USE OF THIS WEB SITE IS AT YOUR OWN RISK.

Electronic Communication
This web site permits you to communicate electronically by sending an E-mail message to Stonehenge Capital Management,
LLC.  By use of this web site, you agree not to use E-mail to give Stonehenge Capital Management, LLC any instruction
affecting your account(s) or any linked accounts, including, but not limited to placing orders to purchase or sell a security or to
transfer funds. You also agree not to use E-mail for the transmission of any personal credit information (including account
numbers or credit card numbers), to give notice of a change of address, or to Stonehenge Capital Management, LLC any
time-sensitive instructions.  Stonehenge Capital Management, LLC, shall not be liable for any actions taken or any omissions
to act as a result of any E-mail message you send to Stonehenge Capital Management, LLC.

Privacy Policy
Stonehenge Capital Management, LLC shall exercise reasonable precautions to maintain the confidentiality of all information
provided in connection with accessing this web site. Because such information can be accessed through the Internet, no
assurance can be given that this information will remain secure. Stonehenge Capital Management, LLC may at times, disclose
such information to its employees, representatives, officers, agents or affiliates, as well as any governmental entity, in the
conduct of its business, to comply with applicable rules, orders, subpoenas or other legal processes, or in order to provide
information to any government agency or official requesting such information, or for any other legitimate business purpose.  
This web site does not collect personally identifying information about individuals except when specifically and knowingly
provided by such individuals.
Privacy
Policy
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Please read our Terms of Service and our Privacy Policy.  Copyright © 2013 Stonehenge Capital Management, LLC