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All information provided on the MillenniumPicks.com
website pertaining to investing, stocks, securities must be
understood as information provided and not investment advice.
MilleniumPicks advises all readers and subscribers to seek
advice from a registered professional securities representative
before deciding to trade in stocks featured on MillenniumPicks.com
or any stocks for that matter. All statements and expressions
are the opinion of the companies featured and are not meant
to be a solicitation or recommendation to buy, sell, or hold
securities.
Investors should not rely solely on the information contained
in this website. Rather, investors should use the information
contained in this website as a starting point for doing additional
independent research on the featured companies. Factual statements
in this website are made asof the date stated and are subject
to change without notice. The receiver of this website shall
not create, under any circumstances, any implication that
there has been no change in the affairs of the company profiled
since the date of the review. The advertisements within this
website are not to be construed as offers to purchase securities
in the companies which may be the subject of such advertisements
pursuant to federal or state law or the laws of any foreign
jurisdiction. The advertisements in this website and the news
letter are believed to be reliable; however MillenniumPicks.com
disclaims any and all liability as to the completeness or
accuracy of the information contained in any advertisement
and for any omissions of material facts from such advertisement.
Investing in micro-cap and growth securities is highly speculative
and carries an extremely high degree of risk. It is possible
that an investor's investment may be lost or impaired due
to the speculative nature of the companies profiled.
Information presented on the MillenniumPicks.com web site
and supplied through the newsletter contain "forward
looking statements" within the meaning of Section 27A
of the Securities Act of 1933 and Section 21B of the Securities
Exchange Act of 1934. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future
events or performance are not statements of historical fact
and may be "forward looking statements." Forward
looking statements are based on expectations, estimates and
projections at the time the statements are made that involve
a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently
anticipated. Forward looking statements in this action may
be identified through the use of words such as "projects",
"foresee", “expects’”, “will,”
“anticipates,” “estimates,” “believes,”
"understands" or that by statements indicating certain
actions “may,” “could,” or “might”
occur.
Understand there is no guarantee past performance
will be indicative of future results. The accuracy or completeness
of the information on the Penny Picks web site and newsletter
is only as reliable as the sources they were obtained from.
MillenniumPicks, research team, affiliates,
and/or families may at times may hold positions in securities
mentioned herein, and may make purchases or sales in such
securities featured on our web site or within our reports.
MillenniumPicks.com may receive compensation for the efforts
in research, presentation, and dissemination of information
on companies featured on our web site and within our newsletter
reports.
Investments in smallcap companies are generally
deemed to be highly speculative and to involve substantial
risk, making it appropriate for readers to consult with professional
investment advisors and to make independent investigations
before acting on information published by MillenniumPicks.com.
MillenniumPicks and its staff must
inform its subscribers that investment in smallcap companies
could prove to be high risk investments with the result of
loss of part or total principal investment.
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all compensation received from a company is publicly stated.
Internet Fraud:
How to Avoid Internet Investment Scams
This information is from-
http://www.sec.gov/consumer/cyberfr.htm
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How to Use
the Internet to Invest Wisely |
If you want to invest wisely and steer clear
of frauds, you must get the facts. Never, ever, make an investment
based solely on what you read in an online newsletter or bulletin
board posting, especially if the investment involves a small,
thinly-traded company that isn't well known. And don't even
think about investing on your own in small companies that
don't file regular reports with the SEC, unless you are willing
to investigate each company thoroughly and to check the truth
of every statement about the company. For instance, you'll
need to:
- get financial statements from the company
and be able to analyze them;
- verify the claims about new product developments
or lucrative contracts;
- call every supplier or customer of the company
and ask if they really do business with the company; and
- check out the people running the company
and find out if they've ever made money for investors before.
And it doesn't stop there. For a more detailed
list of questions you'll need to ask – and have answered
– read Ask Questions. And always watch out for tell-tale
signs of fraud.
Here's how you can use the internet to help
you invest wisely:
Start With the SEC's EDGAR Database
The federal securities laws require many public
companies to register with the SEC and file annual reports
containing audited financial statements. For example, the
following companies must file reports with the SEC:
- All U.S. companies with more than 500 investors
and $10 million in net assets; and
- All companies that list their securities
on The Nasdaq Stock Market or a major national stock exchange
such as the New York Stock Exchange.
Anyone can access and download these reports
from the SEC's EDGAR database
for free. Before you invest in a company, check to see whether
it's registered with the SEC and read its reports.
But some companies don't have to register
their securities or file reports on EDGAR. For example, companies
raising less than $5 million in a 12-month period may be exempt
from registering the transaction under a rule known as "Regulation
A." Instead, these companies must file a hard copy of
the "offering circular" with the SEC containing
financial statements and other information. Also, smaller
companies raising less than one million dollars don't have
to register with the SEC, but they must file a "Form
D." Form D is a brief notice which includes the names
and addresses of owners and stock promoters, but little other
information. If you can't find a company on EDGAR, call the
SEC at (202) 942-8090 to find out if the company filed an
offering circular under Regulation A or a Form D. And be sure
to request a copy.
The difference between investing in companies
that register with the SEC and those that don't is like the
difference between driving on a clear sunny day and driving
at night without your headlights. You're asking for serious
losses if you invest in small, thinly-traded companies that
aren't widely known just by following the signs you read on
Internet bulletin boards or online newsletters.
Contact Your State Securities Regulators
Don't stop with the SEC. You should always
check with your state securities
regulator to see if they have more information about the
company and the people behind it. They can check the Central
Registration Depository (CRD) and tell you whether the broker
touting the stock or the broker's firm has a disciplinary
history. They can also tell you whether they've cleared the
offering for sale in your state.
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