Additional information on securities discussed herein available upon request. The above information is taken from sources which we deem reliable; we do not represent that it is accurate or complete, and should not be relied upon as such. Such information is furnished as a matter of service only and is not deemed an offer to sell or solicitation of any offer to buy a security mentioned herein. This report contains forward looking statements, and actual results will vary from those presented. Opinions expressed are our current opinions as of the date appearing on this report. We have no obligation to update this report and this report may never be updated, even if material events occur that may cause our opinions to change. Paul M.
Wendee & Associates, LLC, its stockholders, directors, employees, and agents, including those persons involved in the preparation of this material, may have investment positions in the securities discussed. They may sell or trade these securities from time to time in the open market or otherwise. To accommodate the objectives of its trading account, Paul M. Wendee & Associates, LLC or its affiliates and agents may hold long or short positions in the securities herein discussed, which positions may be inconsistent with the advice given by Paul M. Wendee & Associates, LLC. Its affiliates, its officers, directors, agents and employees may make purchases or
sales of these securities while this report is in circulation and may have an interest in options or other instruments connected with the securities mentioned. Filings made by the Company with the Securities and Exchange Commission are available through the EDGAR database at www.sec.gov. No part of this report may be copied or redistributed without our prior written consent. We recognize that your personal or account information is important to you. Paul M. Wendee & Associates, LLC has developed the following privacy standards regarding this information. Paul M. Wendee &
Associates, LLC does not sell your personal information. Paul M. Wendee & Associates, LLC may use third party service providers for its internal purposes. Any third party service providers that Paul M. Wendee & Associates, LLC may use will be bound by obligations of confidentiality not to disclose the information provided by Paul M. Wendee & Associates, LLC about its customers and may not use this information for any purpose other than performing the particular service. We use the e-mail address you provide to us to send account information and other important administrative information to you, as well as information regarding our services. Paul M. Wendee & Associates, LLC was previously registered as an investment adviser under CRD 119049 (Paul M. Wendee & Associates, LLC). Paul M. Wendee & Associates, LLC is no longer registered as an investment adviser as the firm’s registration was revoked on 01/31/2018 due to an administrative error by the California Department of Business Oversight. We are currently seeking registration as an investment adviser formed as a sole proprietor under CRD 299188 (WENDEE, PAUL, MICHAEL dba PAUL M. WENDEE & ASSOCIATES). Copyright 2011.