5050 Quorum Drive • Suite 231 • Dallas, TX 75254 • 214.363.4865 • info@valinvestments.com

Important Consumer Disclosure

Valentine Investments, LLC is a Texas State Securities Board registered investment adviser located in Dallas, Texas. Valentine Investments and its representatives are in compliance with the current registration and notice filing requirements imposed upon Texas State Securities Board registered investment advisers by those states in which Valentine Investments maintains clients. Valentine Investments may only transact business in those states in which it is notice filed or in which it qualifies for an exemption or exclusion from notice filing requirements. Valentine Investments™ website is limited to the dissemination of general information regarding its investment advisory services to United States residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of Valentine Investments™ web site on the Internet should not be construed by any consumer and/or prospective client as Valentine Investments™ solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Furthermore, the information resulting from the use of tools, links, articles or other information on this Internet site should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Valentine Investments. Any subsequent, direct communication by Valentine Investments with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Valentine Investments, please contact the United States Securities and Exchange Commission on their web site at www.adviserinfo.sec.gov. A copy of Valentine Investments™ current written disclosure statement discussing Valentine Investments™ business operations, services, and fees is available upon written request. Valentine Investments does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Valentine Investments™ website or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

ACCESS TO THIS WEB SITE IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND WITHOUT ANY WARRANTIES, EXPRESSED OR IMPLIED, REGARDING THE ACCURACY, COMPLETENESS, TIMELINESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS WEB SITE OR ANY THIRD PARTY WEB SITE LINKED TO THIS WEB SITE.

Linked Sites Disclosure

Any links to third party web sites (the “Linked Sites”) that may be contained herein are not under the control of Valentine Investments, LLC, and Valentine Investments, LLC is not responsible for the contents of any Linked Site, including without limitation any link contained in a Linked Site, or any changes or updates to a Linked Site. Valentine Investments, LLC cannot verify the accuracy of any information posted on any Linked Site and is providing these links to you for convenience purposes only. The inclusion of any link does not imply endorsement by Valentine Investments, LLC of the site or any association with its operators. You are responsible for viewing and abiding by the privacy statements and terms of use posted at the Linked Sites.