***Sponsored by LFG Equities Corp
Revenues increased significantly by 119% from $70.8 million in 2023 to $155.2 million in 2024
For the six months ended June 30, 2025, Total revenues increased to approximately $114.6 million
The Company supplied marine fuels to 359 vessels this year—an 80% increase from 200 vessels in 2024
Uni-Fuels Secures Letter of Award for Strategic Three-Year Fuel Procurement Supply
________________________
Hello Everyone,
We are back with a company that we just took a look at about a month ago when it was sitting at much lower prices.
We brought you UFG back on the 10th of December where it opened up around .86. Things have been looking up since. The next session this one hit 1.10 and has been bouncing around until just the other day when the company dropped some explosive news that has sent UFG up over 1.50 and things could be just getting going.
The company outlined its strategy to expand its presence in major shipping hubs while evaluating potential strategic opportunities, including acquisitions that align with its long-term growth objectives. This announcement follows UniFuels’ earlier expansion to Dubai, Shanghai, and Limassol in 2025.
UniFuels’ expansion priorities include supporting shipowners across global shipping routes, maintaining operational discipline, addressing increasing market and regulatory complexity, supporting diverse marine fuel requirements, and strengthening its scale and geographic reach.
The company plans to prioritize organic growth by expanding its team, deepening customer relationships, and increasing market coverage in key regions such as Europe and the Americas. UniFuels will also enhance partnerships with physical suppliers and logistics providers to support efficient fuel supply across its global network.
The company’s strategy addresses evolving industry challenges including the implementation of the EU Emissions Trading System and FuelEU Maritime regulations, which affect voyage economics and fuel selection for shipping companies.
UFG just IPO’d this time last year in January. What we have on our hands is a fast-growing global provider of marine fuel solutions with offices across major shipping hubs including Singapore, Seoul, Dubai, and Shanghai, continues its rapid expansion with the opening of its first European office in Limassol, Cyprus. Established in 2021 and backed by a diverse team of over 30 professionals, Uni-Fuels has built a strong reputation for customer-centric, compliant, and reliable 24/7 global fuel operations. The global marine fuels industry is very large and estimated to reach $140.6 billion in 2025 so even small market share gains should create substantial revenues for the company.
The new Limassol office—alongside this year’s openings in Dubai and Shanghai—marks a pivotal milestone in strengthening the Company’s international footprint, enabling deeper engagement with European markets and enhancing operational agility across high-demand maritime corridors. “Our new Limassol office highlights our ethos of being closer to our customers and major trading hubs, where proximity to our working partners and key shipping routes matters,” said Alan Tan, Senior Vice President of Commercial. Positioned at the intersection of traditional fuel markets and emerging green shipping corridors, Cyprus provides a strategic gateway for Uni-Fuels to diversify its supplier base, reinforce supply resilience, and scale its certified alternative and low-emission fuel offerings.
The company trades and brokers various marine fuel products, including Very Low Sulphur Fuel Oil (VLSFO), High Sulphur Fuel Oil (HSFO), Marine Gas Oil (MGO) and Bio Marine Fuel (BMF). These products are supplied to a variety of marine vessels globally, both in-port and offshore.
In addition to fuel-related services, Uni-Fuels occasionally offers ancillary shipping services such as the arrangement of ship agents, ship provisions, and marine fuel surveyors. The company leverages its advanced, integrated capabilities and extensive global supply network to deliver comprehensive and competitive solutions.
Uni-Fuels operates through two business models: direct fuel sales and brokerage services.
- Under the sales model, Uni-Fuels manages the entire customer relationship and transaction process. It provides value-added services such as trade credit, financing, risk management, market intelligence, and operational expertise. The company guarantees fuel delivery to the customer while sourcing the fuel from third-party suppliers.
- In the brokerage model, Uni-Fuels acts as an intermediary between fuel suppliers and customers, earning a commission for its services. However, this line of business is currently being deemphasized as the company focuses more on its core sales operations.
As the maritime sector accelerates toward decarbonization, Uni-Fuels is poised to capitalize on this industry-wide energy transformation by coordinating innovative sourcing strategies aligned with evolving environmental regulations and sustainability targets. With its expanding global network, robust supply partnerships, and commitment to operational excellence, Uni-Fuels is primed for continued growth as it supports the maritime industry in achieving reliable, efficient, and future-ready fuel solutions.
In 2024, Sales of Marine Fuels reached US $155.2 million, an increase of US $85.0 million, 121% Year-Over-Year, compared to approximately US $70.2 million in 2023.
2025 looks like it could be even better based on a press release the company put out back in October. Uni-Fuels delivered exceptional growth this year, underscoring its accelerating global momentum and strengthening market position. Transaction volumes surged 75% year-over-year to 502, up from 287 in the prior-year period, while total marine fuel deliveries rose 90% to approximately 217,000 metric tons compared with 114,000 metric tons a year earlier. The Company supplied marine fuels to 359 vessels—an 80% increase from 200 vessels in the same period last year—reflecting a sharp rise in customer demand and operational scalability. Uni-Fuels also expanded its global footprint significantly, operating across 103 ports worldwide, nearly doubling last year’s coverage of 52 ports. Further demonstrating the Company’s ability to deepen and diversify its commercial relationships, the customer base grew to 179, up 106% from 87 in the prior-year period. These strong performance indicators highlight Uni-Fuels’ continued growth trajectory, expanding market relevance, and ability to execute in a rapidly evolving maritime energy landscape.
MAJOR CATALYSTS
Aggressive Global Expansion: Uni-Fuels opened three new offices in 2025 (Dubai in April, Shanghai in June, and Limassol, Cyprus in November), marking its first European foothold and strengthening presence across Asia, Middle East, and Europe—positioning the company closer to key shipping hubs and customers.
Explosive Operational Growth: H1 2025 transaction volumes surged 75% YoY to 502, fuel deliveries jumped 90% to 217,000 metric tons, vessels supplied rose 80% to 359, ports served nearly doubled to 103 (+98%), and customer base grew 106% to 179—demonstrating rapid market share gains.
Robust Revenue Momentum: H1 2025 revenues climbed 54% YoY to $114.6M; full-year 2024 revenues soared 119% to $155.2M, driven by a 121% increase in marine fuel sales—validating the scalability of its physical supply model over brokerage.
Improving Gross Profit Trajectory: Despite margin pressure from competitive pricing to gain share, gross profit rose 42% YoY to $2.1M in H1 2025 and 40% to $3.2M for full-year 2024, with management emphasizing this strategy sets the stage for long-term profitability.
Successful Nasdaq Listing & Capital Raise: Completed January 2025 IPO raising $9.66M gross (including full over-allotment), providing permanent capital to fuel expansion and enhancing liquidity and visibility as a U.S.-listed entity (NASDAQ: UFG).
Strong Investor Confidence via Oversubscribed Debt: Two $3M commercial paper issuances on Singapore’s ADDX platform in 2025 were oversubscribed and the first one was fully repaid on schedule, diversifying funding sources and reinforcing institutional belief in Uni-Fuels’ growth story. The investors are all accredited investors from Singapore not institutional.
Sustainability Credentials Strengthened: Secured ISCC EU and ISCC PLUS certifications in February 2025, enabling compliant biofuel trading under EU RED II and positioning the company to capture rising demand for low-emission marine fuels.
Strategic Shift to Higher-Margin Direct Fuel Sales: Deliberately reduced brokerage commissions (down 98% in 2024) to focus resources on direct marine fuel sales, nearly doubling customers and ports served—laying foundation for greater revenue control and stickier client relationships.
Enhanced Supply Chain Resilience: New offices in major bunkering hubs (Dubai near Fujairah, Shanghai, Limassol) provide real-time market intelligence, localized expertise, and diversified supplier networks, improving pricing agility and delivery reliability.
Positive Management Outlook: CEO Koh Kuan Hua highlighted “compelling growth opportunities” and confidence in sustained revenue and gross profit expansion in 2025, backed by geographic scale-up, operational efficiencies, and a robust pipeline of global supply partnerships.
Uni-Fuels Secures Letter of Award for Strategic Three-Year Fuel Procurement Supply
SINGAPORE, Dec. 10, 2025 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions based in Singapore, today announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (“Uni-Fuels Singapore”), has received a Letter of Award (“LOA”) for a three-year supply of marine fuels from a leading provider of engineering, procurement, construction, and installation (“EPCI”) contractor of offshore oil and gas projects in the Asia Pacific region.
Under the terms of the LOA, which will commence from 1st January 2026, Uni-Fuels Singapore will provide comprehensive marine fuel solutions, leveraging its extensive local supply network to ensure consistent marine fuel supply and compliance with regulatory standards. This award marks a pivotal milestone in market validation, reflecting deepening industry trust in Uni-Fuels and affirming growing customers’ confidence in Uni-Fuels’ operational expertise, reliability, and ability to support offshore oil and gas projects.
“This strategic award underscores Uni-Fuels’ position as a trusted partner in the marine fuel industry,” said Ms Stefanie Tay, Chief Operating Officer of Uni-Fuels. “It reinforces our reputation for delivering high-quality, tailored solutions to our clients and highlights the scalability of our operations to support growing demand across the Asia Pacific region. We remain focused on strengthening our operational capabilities and ensuring disciplined execution to drive the Company’s growth and long-term value creation.”
The award is expected to contribute positively to Uni-Fuels’ revenue over the next three years, further strengthening the Company’s long-term growth trajectory in its marine fuel business.
Uni-Fuels Announces 2025 Interim Financial Results
Strong Operational Performance Drives Revenue and Gross Profit Growth
SINGAPORE, Oct. 28, 2025 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced its interim financial results for the six months ended June 30, 2025.
Key Strategic Developments
- On February 12, 2025, the Company’s wholly owned subsidiary, Uni-Fuels Pte Ltd (“Uni-Fuels Singapore”), received ISCC EU and ISCC PLUS certifications from the International Sustainability and Carbon Certification (“ISCC”). The ISCC certifications ensure that the biofuels traded by Uni-Fuels Singapore meet the requirements of the European Union’s (“EU”) Renewable Energy Directive (“RED II”), including the provision of Proof of Sustainability (“POS”).
- On April 2, 2025, the Company, as part of its global expansion strategy, announced the establishment of Uni-Fuels Middle East FZCO (“Uni-Fuels Dubai”), a wholly owned subsidiary of the Company, in the United Arab Emirates and the opening of a new office in Dubai.
- On June 30, 2025, the Company announced the opening of a new office in Shanghai. The formation of the wholly owned subsidiary, Uni-Fuels (Shanghai) Co Ltd (“Uni-Fuels Shanghai”), reinforces the Company’s commitment to strengthening its Asian market presence.
- On July 21, 2025, the Company announced Uni-Fuels Singapore has successfully completed the Company’s first-ever commercial paper (“CP”) issuance, raising US$3 million through ADDX Exchange, a private market platform regulated by the Monetary Authority of Singapore. The Company’s 3M USD Commercial Paper Series 001 has since been fully repaid on October 17, 2025. Subsequently, on October 17, 2025, the Company announced that Uni-Fuels Singapore has successfully closed its 3M USD Commercial Paper Series 002 on the ADDX Exchange, and that it has raised US$3 million in gross proceeds. The Series 002 tokens were listed on the ADDX Exchange on October 18, 2025. Through the issuance of the CPs, the Company seeks to reinforce its liquidity position and enhance its capital structure, positioning it to pursue new growth opportunities. Both the offerings were oversubscribed, reflecting strong demand from accredited investors.
Key Operational Highlights
During the six months ended June 30, 2025, the Company’s marine fuels business delivered strong momentum.
- Transaction volumes surged 75% period-over-period to 502, up from 287 in the prior-year period.
- Total marine fuel deliveries increased by 90% to approximately 217,000 metric tons, compared with approximately 114,000 metric tons a year earlier.
- The Company supplied marine fuels to 359 vessels, representing an 80% increase from 200 vessels in the same period last year.
- Operations expanded to 103 ports, representing a 98% increase from 52 ports a year ago, reflecting broader global coverage and customer reach.
- The Company strengthened its customer base, serving 179 customers, an increase of 106% from 87 customers in the prior-year period.
Key Financial Highlights
For the six months ended June 30, 2025, the Company achieved strong financial performance across its marine fuels business.
- Total revenues increased to approximately US$114.6 million, up approximately US$40.4 million or 54% period-over-period from US$74.2 million in the same period last year, reflecting stronger sales momentum across key markets and expanded business activities.
- Cost of revenues rose to approximately US$112.6 million, an increase of approximately US$39.8 million or 55% period-over-period from US$72.7 million during the six months ended June 30, 2024, in tandem with the increase in the volumes of marine fuels sold and the associated cost of revenues.
- As a result, gross profit improved to approximately US$2.1 million, up approximately US$0.6 million or 42% period-over-period from US$1.5 million, supported by increased sales volumes and operational efficiencies in the marine fuels business.
- Total operating expenses increased to approximately US$1.9 million, an increase of approximately US$0.5 million or 40% period-over-period from US$1.4 million, primarily due to continued investment in business development, operational capabilities, and strategic initiatives to support growth.
- Net income before tax was approximately US$0.2 million, an increase of approximately US$0.1 million or 73% period-over-period from US$0.1 million, reflecting the combined impact of higher revenues, increased cost of sales, and growth-related operating expenses.
- Net income after tax for the period was approximately US$90,000, lower than the same period last year by approximately US$11,000 or 11% from US$102,000, due to higher tax expenses incurred by Uni-Fuels Singapore.
Management Commentary
“The Company has continued its growth trajectory during the first half of 2025, characterized by incremental revenue growth despite a confluence of challenges in an uncertain economic climate. This is a testament to our commitment to creating greater shareholder value. We are executing our strategic priorities and broad growth roadmap effectively. As part of our global expansion plan, we have increased our geographical presence, spanning Dubai and Shanghai. Our strategic capital raises will further augment our liquidity position and enable the next phase of our expansion plan,” underlined Koh Kuan Hua, Chairman & CEO of Uni-Fuels.
“Our financial results reaffirm the compelling growth opportunities across our business model. We will continue to solidify our market position, expand our market reach, and build an extensive pipeline of reliable global supply network to support clients’ operational goals and deepen stronger, trusted partnerships through enhanced business partners proximity,” added Koh Kuan Hua.
The Company, capitalizing on its expanding international footprint and enhanced operational efficiency, is well positioned to deliver sustained revenue and gross profit growth in 2025. Bolstered by recent market expansion initiatives, operational improvements, and scale-up momentum in its core business, the Company remains focused on driving long-term growth and delivering strategic value to shareholders.
Uni-Fuels Advances Global Operations with Next Phase of Expansion
SINGAPORE, Jan. 05, 2026 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the next phase of its global expansion strategy, focused on scaling its global operations through disciplined organic growth across key maritime markets. As part of this approach, the Company is evaluating potential strategic opportunities, including, among others, acquisitions, over time, where such opportunities align with its long-term growth strategy.
This announcement builds on Uni-Fuels’ expansion to Dubai, Shanghai, and Limassol in 2025 and provides the strategic framework for additional office openings and operational initiatives designed to support long-term corporate development.
As part of this next phase, Uni-Fuels’ expansion strategy is guided by the following priorities:
- Supporting shipowners and operators across global shipping routes, including both major trade corridors and niche ports, with consistent service and execution standards
- Maintaining strong operational discipline, including counterparty risk management and regulatory compliance, as the Company scales its activities
- Addressing increasing market and regulatory complexity, including the implementation of decarbonization-related measures such as the EU Emissions Trading System (EU ETS), which directly affect voyage economics, fuel selection, and emissions compliance obligations
- Supporting a growing diversity of marine fuel requirements, including conventional, transitional, and emerging fuels, as customers adapt fuel strategies in response to emissions-related cost considerations and fuel-intensity regulations such as FuelEU Maritime
- Strengthening scale, operational capability, and broadening geographic reach to meet customer needs in an evolving global bunker and regulatory landscape
In executing this next phase, Uni-Fuels will prioritize organic growth by expanding its team, deepening customer relationships, and increasing market coverage in key regions, such as Europe, the Americas, and other major international shipping hubs. The Company will also continue to enhance partnerships with physical suppliers, logistics providers, and counterparties to support efficient, reliable, and resilient fuel supply across its global network.
As noted above, the Company may from time to time evaluate strategic opportunities, subject to market conditions, necessary approvals, and strategic fit. Any such opportunities would be considered with a focus on financial discipline, cultural fit, and the potential to enhance the Company’s existing trading and operational capabilities.
“This next phase of expansion reflects our focus on scaling Uni-Fuels’ global operations in a disciplined and measured manner,” said Mr. Koh Kuan Hua, Chief Executive Officer of Uni-Fuels. “As bunker markets evolve, shaped by increasing regulatory complexity, decarbonization measures, and a growing range of marine fuel requirements, we are strengthening our operational capabilities and geographic reach to support customers across an increasingly complex bunker landscape, while maintaining high standards of operational discipline, risk management, and regulatory compliance. We are investing organically to expand our market coverage and business capabilities, while remaining open to strategic opportunities that align with our long-term objectives.”
NEWS
Uni-Fuels Advances Global Operations with Next Phase of Expansion
2 days ago
Uni-Fuels Secures Letter of Award for Strategic Three-Year Fuel Procurement Supply
Dec 10, 2025
Uni-Fuels Continues to Strengthen Global Operations with A New Office in Limassol, Cyprus
Nov 11, 2025
Uni-Fuels Announces 2025 Interim Financial Results
Oct 28, 2025
Uni-Fuels Completes First Oversubscribed USD 3 Million Commercial Paper Issuance on ADDX
Jul 21, 2025
Uni-Fuels Strengthens Asian Market Presence with A New Office in Shanghai
Jun 30, 2025
Uni-Fuels Announces Full Year 2024 Financial Results
Apr 22, 2025
Uni-Fuels Establishes UAE Subsidiary and New Office in Dubai
Apr 2, 2025
Feb 12, 2025
Uni-Fuels Announces Sponsorship for IBIA Annual Dinner 2025
Feb 5, 2025
Management
SINCERELY,
DISCLAIMER
THIS WEBSITE/NEWSLETTER IS OWNED SUBSIDIARY BY DEDICATED INVESTORS, LLC.
OUR REPORTS/RELEASES ARE A COMMERCIAL ADVERTISEMENT AND ARE FOR GENERAL INFORMATION PURPOSES ONLY. WE ARE ENGAGED IN THE BUSINESS OF MARKETING AND ADVERTISING COMPANIES FOR MONETARY COMPENSATION. WE HAVE BEEN COMPENSATED A FEE OF TWENTY THOUSAND USD BY LFG EQUITIES CORP FOR A ONE DAY UFG AWARENESS CAMPAIGN. NEVER INVEST IN ANY STOCK FEATURED ON OUR SITE OR EMAILS UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. THE DISCLAIMER IS TO BE READ AND FULLY UNDERSTOOD BEFORE USING OUR SERVICES, JOINING OUR SITE OR OUR EMAIL/BLOG LIST AS WELL AS ANY SOCIAL NETWORKING PLATFORMS WE MAY USE.PLEASE NOTE WELL: DEDICATED INVESTORS LLC AND ITS EMPLOYEES ARE NOT A REGISTERED INVESTMENT ADVISOR, BROKER DEALER OR A MEMBER OF ANY ASSOCIATION FOR OTHER RESEARCH PROVIDERS IN ANY JURISDICTION WHATSOEVER.RELEASE OF LIABILITY: THROUGH USE OF THIS WEBSITE VIEWING OR USING YOU AGREE TO HOLD DEDICATED INVESTORS LLC, ITS OPERATORS OWNERS AND EMPLOYEES HARMLESS AND TO COMPLETELY RELEASE THEM FROM ANY AND ALL LIABILITY DUE TO ANY AND ALL LOSS (MONETARY OR OTHERWISE), DAMAGE (MONETARY OR OTHERWISE), OR INJURY (MONETARY OR OTHERWISE) THAT YOU MAY INCUR. THE INFORMATION CONTAINED HEREIN IS BASED ON SOURCES WHICH WE BELIEVE TO BE RELIABLE BUT IS NOT GUARANTEED BY US AS BEING ACCURATE AND DOES NOT PURPORT TO BE A COMPLETE STATEMENT OR SUMMARY OF THE AVAILABLE DATA. DEDICATED INVESTORS LLC ENCOURAGES READERS AND INVESTORS TO SUPPLEMENT THE INFORMATION IN THESE REPORTS WITH INDEPENDENT RESEARCH AND OTHER PROFESSIONAL ADVICE. ALL INFORMATION ON FEATURED COMPANIES IS PROVIDED BY THE COMPANIES PROFILED, OR IS AVAILABLE FROM PUBLIC SOURCES AND DEDICATED INVESTORS LLC MAKES NO REPRESENTATIONS, WARRANTIES OR GUARANTEES AS TO THE ACCURACY OR COMPLETENESS OF THE DISCLOSURE BY THE PROFILED COMPANIES. NONE OF THE MATERIALS OR ADVERTISEMENTS HEREIN CONSTITUTE OFFERS OR SOLICITATIONS TO PURCHASE OR SELL SECURITIES OF THE COMPANIES PROFILED HEREIN AND ANY DECISION TO INVEST IN ANY SUCH COMPANY OR OTHER FINANCIAL DECISIONS SHOULD NOT BE MADE BASED UPON THE INFORMATION PROVIDED HEREIN. INSTEAD DEDICATED INVESTORS LLC STRONGLY URGES YOU CONDUCT A COMPLETE AND INDEPENDENT INVESTIGATION OF THE RESPECTIVE COMPANIES AND CONSIDERATION OF ALL PERTINENT RISKS. READERS ARE ADVISED TO REVIEW SEC PERIODIC REPORTS: FORMS 10-Q, 10K, FORM 8-K, INSIDER REPORTS, FORMS 3, 4, 5 SCHEDULE 13D.DEDICATED INVESTORS LLC IS COMPLIANT WITH THE CAN SPAM ACT OF 2003. DEDICATED INVESTORS LLC DOES NOT OFFER SUCH ADVICE OR ANALYSIS, AND DEDICATED INVESTORS LLC FURTHER URGES YOU TO CONSULT YOUR OWN INDEPENDENT TAX, BUSINESS, FINANCIAL AND INVESTMENT ADVISORS. INVESTING IN MICRO-CAP AND GROWTH SECURITIES IS HIGHLY SPECULATIVE AND CARRIES AND EXTREMELY HIGH DEGREE OF RISK. IT IS POSSIBLE THAT AN INVESTORS INVESTMENT MAY BE LOST OR IMPAIRED DUE TO THE SPECULATIVE NATURE OF THE COMPANIES PROFILED.THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES INVESTORS A SAFE HARBOR IN REGARD TO FORWARD-LOOKING STATEMENTS. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, GOALS, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE ARE NOT STATEMENTS OF HISTORICAL FACT MAY BE FORWARD LOOKING STATEMENTS. FORWARD LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES, AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD LOOKING STATEMENTS IN THIS ACTION MAY BE IDENTIFIED THROUGH USE OF WORDS SUCH AS PROJECTS, FORESEE, EXPECTS, WILL, ANTICIPATES, ESTIMATES, BELIEVES, UNDERSTANDS, OR THAT BY STATEMENTS INDICATING CERTAIN ACTIONS & QUOTE; MAY, COULD, OR MIGHT OCCUR. UNDERSTAND THERE IS NO GUARANTEE PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS. IN PREPARING THIS PUBLICATION, DEDICATED INVESTORS LLC HAS RELIED UPON INFORMATION SUPPLIED BY ITS CUSTOMERS, PUBLICLY AVAILABLE INFORMATION AND PRESS RELEASES WHICH IT BELIEVES TO BE RELIABLE; HOWEVER, SUCH RELIABILITY CANNOT BE GUARANTEED. INVESTORS SHOULD NOT RELY ON THE INFORMATION CONTAINED IN THIS WEBSITE. RATHER, INVESTORS SHOULD USE THE INFORMATION CONTAINED IN THIS WEBSITE AS A STARTING POINT FOR DOING ADDITIONAL INDEPENDENT RESEARCH ON THE FEATURED COMPANIES. THE ADVERTISEMENTS IN THIS WEBSITE ARE BELIEVED TO BE RELIABLE, HOWEVER, DEDICATED INVESTORS LLC AND ITS OWNERS, AFFILIATES, SUBSIDIARIES, OFFICERS, DIRECTORS, REPRESENTATIVES AND AGENTS DISCLAIM ANY LIABILITY AS TO THE COMPLETENESS OR ACCURACY OF THE INFORMATION CONTAINED IN ANY ADVERTISEMENT AND FOR ANY OMISSIONS OF MATERIALS FACTS FROM SUCH ADVERTISEMENT. DEDICATED INVESTORS LLC IS NOT RESPONSIBLE FOR ANY CLAIMS MADE BY THE COMPANIES ADVERTISED HEREIN, NOR IS DEDICATED INVESTORS LLC RESPONSIBLE FOR ANY OTHER PROMOTIONAL FIRM, ITS PROGRAM OR ITS STRUCTURE. DEDICATED INVESTORS LLC IS NOT AFFILIATED WITH ANY EXCHANGE, ELECTRONIC QUOTATION SYSTEM, THE SECURITIES EXCHANGE COMMISSION OR FINRA.