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Nothing in this article, podcast or communication (collectively, referred to as the “Communication”) should be construed as investment advice of any kind. This Communication is not a recommendation, or an offer to sell, or a solicitation of any offer to buy, an interest in any security or derivative instrument, including an interest in any investment vehicle managed or advised by Praetorian PR LLC and affiliates (together “Praetorian”). Consult your financial adviser before making any investment decisions.

Unless noted otherwise, the information presented by Praetorian within the contents of Communication, represent opinions of Harris Kupperman or Praetorian and no representation is made with respect to the accuracy, completeness or timeliness of information, and Praetorian assumes no obligation to update or revise such information. As such, the opinions may not be complete, are subject to change, and are provided for informational purposes only. Additionally, certain information may be based on third party sources and, although believed to be reliable, has not been independently verified and Praetorian is not responsible for third-party errors.

The views expressed in the Communication may include forward-looking statements as of the original date of the publication which may be identified by, among other things, the use of words such as “expects,” “anticipates,” “believes,” or “estimates,” or these terms’ negatives, and similar expressions. Forward-looking statements reflect Praetorian’s opinions as of such date with respect to possible future events. Actual results could differ materially from those in the forward-looking statements. No party has an obligation to update any of the forward-looking statements in this document. Investors are cautioned not to place undue reliance on such statements.