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, Watchlist Intelligence briefs, 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, whether or not they link 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.

Short-form notices

Some surfaces carry a short notice of their own — a line at the foot of a flag or a memo, a note on a modal or a panel, a tag on a social post. Those notices are summaries.

Their wording, length, and placement vary according to the format, the space available, and how often the surface repeats, and we may change them at any time without notice. They are not required to reproduce, quote, or track the language of this Disclaimer.

A short notice does not modify, limit, qualify, or replace this Disclaimer. This Disclaimer governs in full, and where a short notice and this Disclaimer address the same subject, this Disclaimer controls.

The absence of a short notice on any surface does not mean this Disclaimer does not apply. It applies to all content published through the Services, whether or not the surface displaying that content carries a notice of its own, and whether or not it links here.

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.

Asymmetric Flags are not issued in response to market events. A flag is the only content in which we publish new research on a security. A flag appears because a security scored well against screening rules that were already in place when the run began — not because something happened that we then chose to write about. No market event starts a run, and no market event prevents one.

Our screening rules are set in advance. They are fixed before any run begins, and are not adjusted in response to news, announcements, or market conditions. Like any method of financial research, those rules evaluate market information — including valuation, price history, fundamental data, sentiment, and the timing and freshness of company events such as scheduled earnings dates. That information is an input to a standing methodology. It is not what causes us to publish, and it does not determine when we publish.

Watchlist Intelligence briefs report on securities we have already flagged. Where an Asymmetric Flag identifies something to watch for — typically a scheduled, publicly announced date such as an earnings report — a brief may follow as that date comes near, and again once it has passed. A brief publishes no new research and introduces no new security. It concerns a security we have already published, and a date we have already told subscribers to watch.

Briefs are produced by standing conditions, not by editorial reaction.Once a security has been flagged, we monitor it against a fixed set of conditions, defined in advance and applied uniformly to every security on our Watchlist. Some of those conditions are dates — a date our earlier research identified, or the approach of a scheduled earnings announcement. Others are changes in the security’s own price and fundamental signals. We publish a limited number of briefs each day, strongest conditions first.

No one decides that something has happened and chooses to write about it. The conditions are set before the run, they are evaluated within the same fixed daily schedule as the rest of our research, and they apply only to securities we have already published. A brief introduces no new security, and it does not predict any outcome.

We do not answer individual questions about your situation. We will not tell you whether to buy, sell, or hold a security, whether a security is suitable for you, how much to invest, or how to construct a portfolio. Our support channels exist for questions about the Services — billing, access, how a figure is calculated. They are not a channel for investment advice, and a request for it will be declined rather than answered. No tool we offer takes in your financial circumstances and returns security-specific guidance, and none will.

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.

No advisory relationship is created. Your use of the Services does not create an advisory, fiduciary, agency, or client relationship between you and the Company. You are a reader and a subscriber. You are not a client.

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, Watchlist Intelligence briefs, and Curator’s Highlights are expressions of research and editorial judgment, not recommendations — wherever they appear, including in our newsletter and on social media. 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.

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.

Individual flags are not reviewed by a human before they are published.The engine screens, scores, and publishes without human review of any individual flag, and our founder sees each day’s engine-surfaced flags at the same time subscribers do.

Our founder may also submit a security to the same pipeline manually. Where he does, he knows that security is being screened before anyone else does. From the moment a security enters our shortlist — by either route — he is prohibited from trading in it, and remains so until seven (7) trading days after we have published on it. See Section 2 of our Conflicts of Interest statement.

Separately, and after publication, our founder selects which published flags are escalated to the Watchlist and which are promoted to Curator’s Highlights. These are editorial acts applied to content already published to all subscribers. A security can reach the Watchlist, or Curator’s Highlights, only after it has been surfaced and published by an Asymmetric Flag. Watchlist Intelligence briefs are recurring updates on securities already published in that way, reporting on the items the original flag identified to watch for. See Section 1.

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, invests his own money, including in individual securities. He may hold a position in any security featured on the Platform.

We do not publish which securities he holds. We do not disclose direction, size, quantity, value, cost basis, dates, or the timing of any purchase or sale, and we do not undertake to publish any of that.

He does not trade around our publications.

Under our written Conflicts of Interest statement, Mr. Harlan does not buy or sell any security from the moment it is shortlisted for research until seven (7) trading days after we have published on it. He cannot act ahead of our subscribers, and he cannot sell into a price movement our own work has caused.

He does not hold, and is prohibited from holding, any short position, put, written call, or other instrument that profits from a decline in the price of a security we cover. He cannot profit from our research being wrong.

Our research is published automatically on a fixed daily schedule, and Mr. Harlan learns which securities the engine has flagged at the same time subscribers do. Where he submits a security to the pipeline himself, he knows it is being screened before anyone else — and from that moment the restriction above applies to it.

No company pays us.

Neither the Company nor Mr. Harlan accepts compensation of any kind from any issuer, investor-relations firm, promoter, or underwriter in exchange for covering, featuring, or mentioning any security. See Section 6.

These are voluntary commitments.

We are a publisher. We are not an investment adviser, broker-dealer, or fiduciary, and we are not registered as such. No law, rule, or regulator requires us to restrict our founder’s trading or to publish anything about his positions. We do it voluntarily. Doing so does not create an advisory, fiduciary, agency, or client relationship, does not indicate that any such relationship exists, and does not make our content a recommendation. We may amend, narrow, or withdraw that statement, prospectively and with notice on that page. While a version of it is in effect, it is accurate and we operate it.

Assume a conflict exists.

You should assume that a potential conflict of interest exists in any security we cover, and weigh our research accordingly. Our positions may differ from any view expressed in our research, and our research may be wrong. Nothing we publish is a recommendation to buy or sell any security.

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 it was promoted to Curator’s Highlights. This measures the promotion decision.

We publish both as instruments of transparency, not as claims of skill. Reporting what happened after a promotion is not a representation that promotion improves outcomes. Securities promoted to Curator’s Highlights may perform worse than securities the engine flagged and we did not promote. Where the figures show that, we publish it — see 7.2.

Promotion is a quality gate, not a recommendation. It is applied to securities the engine has already flagged and published. It publishes no new research and no new commentary. It is not a recommendation, not a statement that a security is a good investment, and not a prediction.

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. Each promotion counts once, and counts equally.

Where a security has been promoted to Curator’s Highlights more than once — promoted, later removed, and promoted again — each promotion is recorded separately, with its own entry price and its own result. Those are two distinct editorial decisions, taken at different times on different information, and we report both. A security promoted twice therefore contributes two observations to the figures, which may be favourable, unfavourable, or one of each.

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. The market is sometimes right.

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.