DISCLAIMER

Please keep in mind what this website is (and isn't):

• This website is a personal blog.
• I may be invested in some of the financial instruments described on this website and may have a conflict of interest.
• It is not a financial advisory service.
• All material published hereon is solely for information purposes.
• Do not make any financial decisions without asking your personal, regulated financial advisor.
• All information is provided without any guarantee of accuracy or reliability.

Please carefully study the following disclaimer.

Terms & Conditions

The Undervalued Shares website (“US”) and services are only provided for your general information and use and are not intended to cater for your particular requirements. Its author does not accept any liability for any loss suffered by any reader or user of our website as a result on any investment decision.

General Terms and Conditions of Website use

These General Terms and Conditions, together with the documents referred to below (the “Agreement”), tell you the terms and conditions on which you may make use of www.undervalued-shares.com (the “Website”). If you do not agree to the terms and conditions of this Agreement you must not use the Website. The provisions of this Agreement do not affect your statutory rights as a consumer.

Information about me

The Website is operated by Swen Lorenz. Postal address: 22 Notting Hill Gate, Suite 88, London W11 3JE. My preferred means of communication is by email. Should you wish to email me, you can do so by using my contact form. For all postal communications with me kindly address any correspondence to my postal address as stated above.

Registration and access to the Websites

I permit you to access the Website on a temporary basis but I reserve the right to withdraw or amend the services and information available on the Website (collectively the “Services”) and/or cancel any subscription without notice. The final decision rests with me. Access to certain services is free. I may also offer premium services (at my sole discretion) for which a payment will be required. I will notify you if you attempt to access services that are not free and offer, at my discretion, the opportunity to subscribe for such services. For service that require a payment, a separate contract will be issued which will count in addition to this Disclaimer.

Information about you and your visits to the Websites

I process information about you in accordance with my Privacy Policy. You consent to such processing and you confirm that all data provided by you is accurate.

Investment warning

The Websites and the Services are:

• only provided for you
• not intended to be relied upon by you in making or not making any investment decisions.

If in doubt please seek independent financial advice. The price of shares and investments and the income derived from them can go down as well as up, and investors may not get back the amount they invested. Past performance cannot be relied upon as a guide to future performance.

Private investor (non-professional)

You agree that in entering into this Agreement you will at all times be acting as a private investor (non-professional) and not in the course of any employment, trade or profession which you may carry on. For regulatory purposes, you are a private investor if you meet all of the following criteria for the entire term of your subscription.

• You are subscribing to the service in a personal capacity.
• You are not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.
• You do not currently act in any capacity as an investment advisor, whether or not you have at some time been qualified to do so.
• You use the service solely in relation to the management of your personal funds and not as a trader or an advisor to the public or to the investment of corporate funds.
• You do not distribute, republish or otherwise provide any data from the service to any third party in any manner.
• The data change is designed to cover individuals and will be maintained in the customer’s name and not in the company name – the exception to this would be a share club operating on a non-professional basis.

You are not a private investor if you do not meet any one of the criteria outlined above.

Rights in this Website

I own the copyrights and other intellectual property rights in the Website. The Website is protected by copyright laws and treaties around the world. The Website may not be reproduced, copied, downloaded, used, linked to, or exploited in any way except as specifically provided and permitted by this Agreement or as expressly agreed in writing by us. Subject to the terms of this Agreement, I hereby grant you a non-exclusive, non-transferable license to use the Website solely for your own personal or internal purposes. You acknowledge that the Services, and your use and interpretation of such services, requires skill and judgement for which you shall be solely responsible. You further acknowledge that you shall be solely responsible for all opinions, forecasts, recommendations and other comments made or action taken by you based wholly or partly on the Services. You may print extracts of materials from the Website in hard copy solely for your own personal purposes, provided that such materials are attributed to “Swen Lorenz” and “Undervalued-Shares.com” and any copyright or other proprietary notices and disclaimers applied by me are retained. You may not otherwise copy the Website to any third party. I reserve the right to suspend your access to any part of the Website should I become aware of any regulation, claim, condition or restriction in any part of the world which requires me to do so or which exposes me to any claim of liability or claim if I do not do so. You shall promptly notify me of any unauthorised use of the Website or any actual or suspected infringement of any of the intellectual property rights in the Website of which you become aware.

Linking

You may link to the pages of the Website, provided you do so in a way that is fair and legal and which does not damage my reputation or take advantage of it. In particular, you must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. The Website must not be framed on any other website, nor should you establish a link to any part of the Website other than the home page. I reserve the right to withdraw linking permission without notice. The Website contains links to various websites and other resources provided by third parties. These links are provided for your information only. I have no control over the contents of those websites or resources and accept no responsibility for them or for any loss or damage that you may suffer in connection with your use of them.

Liability & Disclaimer

The Website is supplied to you on an “as is” and an “if available” basis and I expressly disclaim and exclude all warranties, conditions, representations and terms, whether express or implied by statute, common law or otherwise with respect to the Website including, without limitation, as to the accuracy or completeness of the Website, as to whether the Website is up to date. I make no warranty that the Website is free from infection by viruses or anything else that has contaminating or destructive properties. I hereby exclude all liability for any claim, loss, demands or damages of any kind whatsoever (whether such claims, loss, demands or damages were foreseeable, known or otherwise) arising out of or in connection with the use or inability to use the Website, including without limitation, indirect or consequential loss or damage; loss of actual or anticipated profits (including loss of profits on contracts); loss of revenue; loss of business; loss of opportunity; loss of anticipated savings; loss of goodwill; loss of reputation; loss of damage to or corruption of data; loss of use of money or otherwise, and whether or not advised of the possibility of such claim, loss demand or damages and whether arising in tort (including negligence), contract or otherwise to the fullest extent to which such liability may be excluded or avoided by law. Nothing in this agreement excludes or limits my liability for (i) death or personal injury caused by our negligence; (ii) fraud; or (iii) any liability which may not be limited or excluded by law. You warrant and undertake not to use the Website in connection with any unlawful or illegal purpose, or so as to bring the Company and their businesses, products or services into disrepute. You also warrant not to use the site with any automated page retrieval tool. You agree to indemnify me against any and all claims, losses, liabilities, damages and expenses (including legal fees) arising out of your misuse of the Website. I may terminate this Agreement:

• immediately, upon notice in writing, in the event that you are in breach of this Agreement; or
• upon not less than one month’s notice in writing at any time.

The decision by either party to terminate this Agreement shall not limit any other rights or remedies it may have, or shall not affect any accrued rights or obligations arising before the date of termination. Upon termination of this Agreement for any reason (including termination of any free trial), you shall immediately discontinue use of the Website. The restrictions set out in this Agreement shall survive the termination of this Agreement for any reason.

Governing law

This Agreement shall be construed in accordance with and governed by English law and the parties shall submit to the exclusive jurisdiction of the English courts.