Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, or product made reference to directly or indirectly by Pacific Growth Property Acquisition and Development in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client's investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.

Certain portions of Pacific Growth Property Acquisition and Development web site (i.e. newsletters, articles, etc.) may contain a discussion of, and/or provide access to, Pacific Growth Property Acquisition and Development (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion or articles may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such articles or discussions serves as the receipt of, or a substitute for, personalized advice from Pacific Growth Property Acquisition and Development, or from any other investment professional. Correspondingly, each client and prospective client agrees, as a condition precedent to his/her/its access to Pacific Growth Property Acquisition and Development web site, to release and hold harmless Pacific Growth Property Acquisition and Development and its Principles, directors, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions.