Disclosure Statement

Malcolm H. Gissen & Associates wishes to disclose the following to all who visit its website. The purpose of the website is to inform clients and potential clients about our philosophy and approach to investing and how they are easily distinguishable from those of most other investment advisors. We apply a strict value approach to investing and are consistent in the application of contrarian methods to investing. We believe that as a result, our clients have less risk in their portfolios and yet will achieve better results than the clients of most other money managers.

Not all of the information on this site has been developed by us. We therefore wish to make several points for visitors to the site. One of these points is that investment results are impossible to predict. Past performance is no indication of future results. Investors should always understand all of the risks of an investment before they make the investment, as well as any fees they will be charged.

The information contained on this site is intended only for residents of the United States and is for informational purposes only. Nothing in this site constitutes investment, legal or other advice nor is it to be relied on in making an investment decision. Nothing in this site constitutes an offer to sell any securities or a solicitation of any person to purchase any securities or an offer to provide investment services.

Information on this site has been obtained from sources Malcolm H. Gissen & Associates (MHG&A) considers to be reliable, but MHG&A does not vouch for its accuracy or timeliness. MHG&A does not warrant the accuracy or completeness of any information published on this site or any results that may be obtained from use of any of this information.

MHG&A is registered with the Securities and Exchange Commission as an investment Adviser and will only conduct business in states within the United States where the firm is appropriately registered or exempt from registration.