Content and Platform Disclaimer

Scope

This Disclaimer applies to all content published by Xvoro LLC d/b/a Ticker Mavericks (the “Company,” “we,” “us,” “our”), across all of the following (collectively, the “Services”):

• The Platform — the Ticker Mavericks web application at app.tickermavericks.com, including flags, research memos, composite scores, divergence signals, charts, the Watchlist, Curator’s Highlights, and all related tools and dashboards;
• The Newsletter and public content — tickermavericks.com, tickermavericks.substack.com, the X account @TickerMavericks, the Bluesky account @tickermavericks.com, and any associated emails, posts, or distributions linking to this Disclaimer.

This Disclaimer is incorporated by reference into, and forms part of, the Subscriber Terms of Service. The Terms of Service govern the contractual relationship between you and the Company; this Disclaimer governs what you should understand about our content. Where the two documents address the same subject, the Terms of Service control.

1. Publisher status and no advisory relationship

We are a publisher of financial research and educational content.

We are not an investment adviser, broker-dealer, financial planner, or fiduciary. We are not registered with the U.S. Securities and Exchange Commission, with any state securities regulator, or with FINRA, and we do not hold ourselves out as registered.

Our content is impersonal and general in nature. Every subscriber receives the same content. Nothing we publish is adapted, tailored, or personalized to any individual’s portfolio, financial circumstances, risk tolerance, tax position, time horizon, or investment objectives. We do not solicit, collect, or use information about your financial situation, and we do not evaluate whether any security is suitable for you. We are not able to do so, and we will not attempt to do so.

Our content is published on a regular, pre-scheduled basis. The Platform’s research pipeline runs and publishes on a fixed daily schedule every day, irrespective of market conditions and irrespective of whether anything of consequence has occurred. Our content is not issued in response to, or timed to coincide with, particular market events.

We never touch your money. We do not manage, hold, custody, or exercise discretion over any subscriber’s funds, securities, or accounts. We do not execute trades, place orders, connect to your brokerage, or accept trading authority of any kind, and we will not do so.

2. Disclaimer of financial advice

All content published through the Services is for educational and informational purposes only.

It does not constitute, and must not be construed as, financial, investment, tax, legal, accounting, or other professional advice. Nothing we publish is a recommendation, offer, or solicitation to buy, sell, or hold any security, or to adopt any investment strategy.

Our flags, research memos, composite scores, divergence signals, Watchlist entries, and Curator’s Highlights are expressions of research and editorial judgment, not recommendations. A security appearing anywhere on the Platform is not an endorsement of that security, and is not a statement that it is suitable for you or for anyone.

You are solely responsible for your own investment decisions. You should conduct your own independent research and consult a licensed investment adviser, broker, tax professional, or attorney before making any investment decision or taking any action based on our content.

All investing involves risk, including the total loss of principal. Past performance is not indicative of future results.

3. How our research is produced

Our research is produced by an automated pipeline, and published without prior human review.

Every day, an automated system screens the U.S. equity market — several thousand securities — applies a deterministic set of screening rules, scores the survivors against a multi-factor composite model, and passes a shortlist to a series of AI agents that produce the flags, research memos, and charts you see. This runs on a fixed schedule and publishes on completion.

The screening rules, scoring methodology, thresholds, and governance were designed by a human — our founder — and are reviewed and revised by him on an ongoing basis.

Separately, and after publication, our founder may: submit securities to the same pipeline manually; select which published flags are escalated to the Watchlist; and select which are promoted to Curator’s Highlights. These are editorial acts that occur after content has already been published to all subscribers.

AI-generated content may contain errors. The AI agents that produce our memos and analysis may generate inaccurate, incomplete, misleading, or internally inconsistent output. They may misinterpret data. They may state things that are not true. You should not rely on any Platform content as the basis for any investment decision.

4. Third-party data

Platform outputs are constructed from market, fundamental, and sentiment data licensed from third-party vendors, including Financial Modeling Prep and Alpha Vantage, with fallback sources used where primary data is unavailable.

This data may be delayed, incomplete, stale, revised, or simply wrong. Some of it is expressly delayed — news and sentiment data may lag by fifteen minutes or more. Fundamental data may reflect filings that are subsequently restated. Prices shown may not reflect current market conditions.

We do not independently verify vendor data, and we make no warranty as to its accuracy, completeness, timeliness, or fitness for any purpose. Scores, signals, and figures derived from that data inherit its defects.

5. Conflicts of interest and personal trading

We may own what we cover. Read this section carefully.

Michael Harlan, the Company’s founder, may hold positions in securities featured on the Platform. He does not hold positions in all of them, and he holds positions in securities we have never covered. He does not hold, and is prohibited from holding, any short position, put, written call, or other position or instrument that profits from a decline in any security we cover.

You will always know where he stands.

Every flag, research memo, Watchlist entry, and Curator’s Highlights entry displays a position disclosure stating whether Mr. Harlan holds a position in that security — and where he does, its direction, the date it was initiated, and the earliest date on which he is permitted to exit it. Where he holds no position, the disclosure says so. A list of all current positions in covered securities is published at tickermavericks.com/positions.

We are structurally behind you.

Under our written Personal Trading Policy, Mr. Harlan:

• may not trade any security from the time it enters our screening shortlist until it has been published;
• may not establish or increase a position in a covered security until at least three (3) trading days after it is published to subscribers;
• must hold any position in a covered security for a minimum of thirty (30) calendar days;
• may not sell, reduce, or close any position in a covered security within thirty (30) calendar days after any publication mentioning that security — regardless of when the position was established; and
• must disclose any exit before or simultaneously with the sale, never afterward.

Our research is published automatically on a fixed daily schedule, and Mr. Harlan learns which securities have been flagged at the same time subscribers do. He receives no advance look.

These constraints exist for one reason: so that he cannot profit from any price movement caused by our own publication.

6. No compensation from issuers

We do not take money from the companies we write about.

The Company has never accepted, and will not accept, compensation of any kind — cash, securities, or otherwise — from any issuer, investor-relations firm, promoter, underwriter, or any third party, in exchange for featuring, covering, flagging, mentioning, or declining to mention any security.

Coverage is determined solely by our screening methodology and our editorial judgment. No security can buy its way onto the Platform.

If the Company ever receives compensation in connection with any content — for example, an affiliate link — that compensation will be clearly and conspicuously disclosed within that content, as required by Section 17(b) of the Securities Act of 1933.

7. Performance information and Curator’s Highlights

7.1 What these numbers are

The Platform publishes performance figures in two forms:

• “Since first flag” — how a security has performed since the automated engine first flagged it. This measures the engine.
• “Since added” — how a security has performed since our founder promoted it to Curator’s Highlights. This measures his selection judgment.

Curator’s Highlights is an editorial record of selections, not a portfolio. It is not a model portfolio, not a recommendation list, not a representation of any account’s holdings, and not a record of any trading by the Company or by Mr. Harlan.

7.2 How the record is kept

Selections are recorded prospectively: when a security is promoted, its price is captured live at that moment and the record is frozen. Securities subsequently removed from Curator’s Highlights remain in the published aggregate figures, at their performance through removal. We do not remove losers from the record.

7.3 This performance is HYPOTHETICAL

The performance shown does not represent actual trading by the Company, by its founder, or by any subscriber. It does not reflect brokerage commissions, bid-ask spreads, slippage, taxes, market impact, position sizing, or the effect of a real investor’s actual entry and exit timing. Figures are equal-weighted and each security is counted once.

No subscriber achieved these results, and we make no representation that any subscriber would have.

7.4 Benchmark limitations

Comparisons to the S&P 500 (SPY) are shown for reference only. The securities we cover are individual equities — frequently small-capitalization, frequently out-of-favor, and selected precisely because they are dislocated. They are not a diversified portfolio. Their risk profile is materially different from, and generally higher than, that of a broad market index. The comparison is not an apples-to-apples measure of investment merit.

7.5 Sample size

Where a hit rate, average return, or other statistic is shown, the number of observations (n) is shown alongside it. Statistics computed over a small number of observations are not a reliable indication of skill, method, or future results, and should not be treated as one.

7.6 The bottom line

Past performance is not indicative of future results. All investing involves risk, including the total loss of principal.

8. Risks of the securities we cover

Our screening methodology deliberately surfaces riskier securities. This is not incidental — it is the design.

We intentionally screen for out-of-favor, dislocated, and unloved companies, including small- and mid-capitalization securities, companies trading below $5 per share, and companies with market capitalizations as low as approximately $180 million.

Such securities are generally more volatile, less liquid, and more prone to large and rapid declines than large-capitalization securities. They may be subject to:

• wider bid-ask spreads and thin trading volume;
• limited or no analyst coverage;
• higher volatility and larger drawdowns;
• delisting risk and reverse-split risk;
• financial distress, dilution, and going-concern risk;
• a heightened risk of total loss.

A security appearing on the Platform is not a representation that it is safe, sound, suitable, or appropriate for you. The reason a security appears on the Platform is, frequently, that the market has serious doubts about it.

9. Forward-looking statements

Our content contains forward-looking statements — including theses, catalysts, projections, scenarios, valuation estimates, and “what to watch for” items.

These are opinions and estimates, not facts. They rest on assumptions that may prove incorrect. Actual results will differ, and may differ materially. We undertake no obligation to update any forward-looking statement, and the passage of time may render any of them obsolete without notice.