DISCLAIMER:
                       
                     Past
                         results are no guarantee of future performance. Louis
                       Paquette's Emerging Growth Stocks is an independent publication
                       committed to providing an objective analysis of the markets,
                       focusing on the TSX-Venture Exchange and individual companies
                       with substantial upside potential over the next six to
                       twelve months. The information contained herein is believed
                       to be accurate but this cannot be guaranteed. The analysis
                       does not purport to be a complete study of securities
                       mentioned herein, and readers are advised to discuss any
                       related purchase or sale decisions with a registered securities
                       broker. Companies featured in EGS are often at very early
                       stages of development and can therefore subject to business
                       failure, and are to be considered speculative and high
                       risk in nature. Reports herein are for information purposes
                       and are not solicitations to buy or sell any of the securities
                       mentioned. The author may or may not hold a position (long
                       or short) in the securities mentioned herein. This publication
                       may not be reproduced without the expressed prior consent
                       of the author. The author is not a registered securities
                       advisor, and opinions expressed should not be considered
                       as investment advice to buy or sell securities, but rather
                       the author's opinion only.