This website is a publication of Guelich Capital Management LLC. Information onthis website is directed toward U.S. residents only. Guelich Capital Management LLCis registered as an investment adviser with the SEC. Guelich Capital ManagementLLC only transacts business in states where it is properly registered, or is excluded orexempted from registration requirements.

Information presented is believed to be factual and up to date, but we do not guaranteeits accuracy and it should not be regarded as a complete analysis of the subjectsdiscussed. All expressions of opinion reflect the judgment of the authors as of the date ofpublication and are subject to change.

Information on this website does not involve the rendering of personalized investmentadvice, but is limited to the dissemination of general information on products andservices. A professional adviser should be consulted before implementing any of theoptions presented.

Information on this website is not an offer to buy or sell, or a solicitation of any offer tobuy or sell the securities mentioned herein.

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