Terms of Service

By downloading from, or viewing material on, this website you agree to the following Terms of Service. Use of Prescience Point LLC’s research is at your own risk. In no event should Prescience Point LLC or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. You further agree to do your own research and due diligence before making any investment decision with respect to securities covered herein.

You should assume that as of the publication date of any report or letter, Prescience Point LLC (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a short position in all stocks (and/or options of the stock) covered herein, and therefore stands to realize significant gains in the event that the price of any stock covered herein declines.  Following publication of any report or letter, we intend to continue transacting in the securities covered herein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation, conclusions, or opinions. 

This is not an offer to sell or a solicitation of an offer to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction. Prescience Point LLC is not registered as an investment advisor in the United States or have similar registration in any other jurisdiction.

To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the stock covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer.  However, such information is presented “as is,” without warranty of any kind – whether express or implied.  Prescience Point LLC makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use.  All expressions of opinion are subject to change without notice, and Prescience Point LLC does not undertake to update or supplement this report or any of the information contained herein.

If you are in the United Kingdom, you confirm that you are subscribing and/or accessing Prescience Point LLC research and materials on behalf of:

(A) a high net worth entity (e.g., a company with net assets of GBP 5 million or a high value trust) falling within Article 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”); or

(B)  an investment professional (e.g., a financial institution, government or local authority, or international organization) falling within Article 19 of the FPO.

You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link —  http://www.presciencepoint.com

If you have obtained Prescience Point LLC research in any manner other than by download from the aforementioned link, you may not read such research without going to the aforementioned link and agreeing to the Terms of Service. You further agree that any dispute arising from your use of this report and / or the Prescience Point LLC website or viewing the material hereon shall be governed by the laws of New York, without regard to any conflict of law provisions. You knowingly and independently agree to submit to the personal and exclusive jurisdiction of the superior courts located within the State of New York and waive your right to any other jurisdiction or applicable law, given that Prescience Point LLC has an office in New York. The failure of Prescience Point LLC to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of this website or the material herein must be filed within one (1) year after such claim or cause of action arose or be forever barred.