The background information, market assessments and securities analyses that Boersen Post publishes on its websites and in its newsletters constitute neither an offer to sell the listings discussed nor a solicitation to buy or sell securities. The statements are based on sources that the publisher considers trustworthy. Nevertheless, liability for financial losses that may possibly result from relying on the statements or the stock discussions for one’s own investment decision is categorically excluded. We point out that stock investments are without exception associated with risk. Any transaction involving warrants, leveraged certificates or other financial products is associated with even extremely large risks. Due to political, economic or other changes, considerable price losses may occur, in the worst case the total loss of the capital invested. With derivative products, the probability of extreme losses is at least as high as with small cap stocks, whereby even the large domestic and foreign stocks can suffer severe price losses up to total loss. Any liability claim, also for foreign stock recommendations, derivatives and fund recommendations, is therefore excluded without exception. Before any investment decision, you should seek further advice (e.g. from your house bank or an adviser you trust). Although the assessments and statements contained in the analyses and market evaluations of Boersen Post were prepared with reasonable care, we assume no responsibility or liability whatsoever for errors, omissions or incorrect information. This applies equally to all representations, figures and assessments expressed by our interview partners in the interviews.

All statements expressed in the present reports, apart from historical facts, should be understood as forward-looking statements which, due to significant risks, may well not come true. The author’s statements are subject to uncertainties that should not be underestimated. There is no certainty or guarantee that the statements made will actually occur. Therefore, readers should not rely on the statements of Boersen Post and buy or sell securities solely on the basis of reading the report. Boersen Post is not a registered or recognized financial adviser. All texts presented here, in particular market assessments, stock evaluations and chart analyses, reflect the personal opinion of the editor, which is covered by Article 5 of the Basic Law (Grundgesetz) and must by no means be interpreted as investment advice. They are therefore purely individual views without any claim to a balanced understanding of the subject matter. Before investing in securities or other investment opportunities, everyone should consult a professional investment adviser and ask whether such an investment makes sense or whether the risks are too great. Boersen Post assumes no responsibility for the accuracy and reliability of the information and content contained in the reports or on our website, distributed by Boersen Post or reachable via hyperlinks from Boersen Post (hereinafter referred to as the Service). The reader hereby affirms that they use all materials and content at their own risk and that Boersen Post assumes no liability. Boersen Post reserves the right to modify, improve, expand or remove the content and materials provided on the pages of Boersen Post without notice. Boersen Post expressly excludes any warranty for service and materials. Service and materials and the documentation relating thereto are provided to you “as is”, without warranty of any kind, whether express or implied. Including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The entire risk arising from the use or performance of service and materials remains with you, the reader. To the maximum extent permitted by applicable law, Boersen Post cannot be held liable for any special, incidental or indirect damages or consequential damages whatsoever (including, but not limited to, lost profits, business interruption, loss of business information or any other financial loss) arising from the use of, or the inability to use, service and materials. The service of Boersen Post must under no circumstances be construed as personal or even general advice. Users who make investment decisions or carry out transactions on the basis of the information displayed or ordered at Boersen Post act entirely at their own risk. The information sent by Boersen Post or otherwise related information therefore establishes no liability obligation whatsoever. We expressly point out that the published contributions are not financial analyses under German capital market law, but journalistic and promotional contributions.

Disclosure of interests:
The recommendations, interviews and company presentations published on the websites of Boersen Post serve, without exception, promotional purposes and are paid for by the respective companies or so-called third parties. For this reason, however, the independence of the analyses must be called into question. By definition, these are merely information.
This also applies to the stock recommendations currently published on the website. The preparation and distribution of the reports were commissioned and remunerated by the respective companies or by circles close to the companies. By law, this constitutes a conflict of interest, which we hereby expressly point out.
Boersen Post and/or companies affiliated with it have entered into a fee-based agreement with the companies in question or with their shareholders for the preparation of the editorial discussions. By law, this constitutes a conflict of interest, which we hereby expressly point out.
We hereby point out that the clients (third parties) of the publications of Boersen Post hold shares in securities/stock holdings of the companies discussed in the respective publications at the time of publication. There is an intention, in direct connection with this publication, to sell these securities and to participate in rising prices and turnover, or to purchase further securities at any time. Boersen Post therefore acts in cooperation with, and on the basis of a paid mandate from, additional persons who in turn hold significant stock positions. By law, this constitutes a conflict of interest, which we hereby expressly point out.
The publications of Boersen Post should therefore not be regarded as independent financial analyses or even investment advice, as significant conflicts of interest exist. Unless otherwise indicated, the prices for the securities discussed given in the respective publications of Boersen Post are the closing prices of the last trading day before the respective publication.
Because other research houses and stock newsletters also discuss the security, a symmetrical generation of information and opinion occurs during this period.
Of course, it should be noted that the securities presented here are listed in the highest conceivable risk class for stocks. The companies do not yet have any revenue and are at an early-stage level, which is at once appealing and risky. The financial situation of the companies is still in deficit, which significantly increases the risks. Capital increases that may become necessary could also lead to short-term dilution effects, which can be to the detriment of investors. If the companies do not succeed in tapping further sources of financing in the coming years, insolvency and a delisting could even loom.
There is no guarantee that the forecasts of the experts and of the management will actually come true. These stocks thus represent a bet on the future. As with any micro cap, there is also the risk of total loss here if the high expectations of the management cannot be realized in the foreseeable future. These securities therefore serve only as a dynamic admixture in an otherwise well-diversified portfolio. The investor should follow the news situation closely and have the technical prerequisites for trading penny stocks. The segment-typical market narrowness causes high volatility. My recommendations are aimed only at experienced professional traders and not at inexperienced investors and LOW-RISK investors.
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