No advisory relationship

MicroCap Observer is a news publication. We are not a registered investment adviser, broker-dealer, or financial planner, and we are not registered with or licensed by any securities regulator in that capacity. Reading this site does not create an advisory, fiduciary, or client relationship of any kind.

We do not issue price targets, ratings, or buy, sell and hold recommendations. Where an article describes an analyst's view, a company's own projection, or a third party's opinion, that is reporting on what someone else has said — not an endorsement of it.

Micro-cap securities carry particular risks

The companies we cover sit at the smaller end of the public markets, where the risks differ in kind from those of larger, established businesses:

  • Limited liquidity. Shares may be difficult to buy or sell in any size, and the price you achieve may differ substantially from the quoted price.
  • Price volatility. Prices can move sharply on small volumes, and losses can be rapid and total.
  • Sparse disclosure. Smaller issuers may publish less financial information, less often, and with less independent scrutiny than larger companies.
  • Promotional activity. This end of the market has a long history of paid promotion and manipulation designed to inflate prices before insiders sell.

You should assume that any investment in this part of the market can lose all of its value. Past performance never indicates future results.

Do your own research

Any decision to buy, sell or hold a security is yours alone, and you make it at your own risk. We strongly encourage readers to consult the company's own regulatory filings and to seek advice from a qualified, licensed professional who is able to consider your individual circumstances before making any financial decision.

Accuracy and completeness

We take care to be accurate, and our fact-checking policy describes how we verify what we publish. Even so, we make no representation or warranty, express or implied, as to the completeness, accuracy, reliability or suitability of anything on this site.

Reporting reflects the information available at the time of publication. Markets and company circumstances change, and we are under no obligation to update an article after it is published. Any reliance you place on our content is strictly at your own risk. If you believe something we have published is wrong, please tell us — our correction policy sets out how we handle it.

Forward-looking statements

Articles may quote or describe forward-looking statements made by companies — projections, guidance, timelines or expectations. These are inherently uncertain, are the statements of the company rather than of MicroCap Observer, and frequently turn out to be wrong. We do not verify or endorse them by reporting them.

Positions and conflicts

Where a contributor or MicroCap Observer holds a financial interest in a company mentioned in an article, that interest is disclosed within the article. We do not accept payment, securities or other consideration from any company, investor relations firm or promoter in exchange for coverage. Our ethics policy explains these rules in full.

External links and third-party content

This site links to external websites that we do not control, including regulatory databases and company websites. We are not responsible for the nature, content or availability of those sites, and a link is not an endorsement of the views expressed there. Advertisements appearing on this site are served by third parties and do not constitute an endorsement of the advertiser or its products.

Limitation of liability

To the fullest extent permitted by law, MicroCap Observer will not be liable for any loss or damage — including without limitation indirect or consequential loss, trading losses, or loss of data or profits — arising out of or in connection with the use of this website or reliance on its content.

Availability

We make every effort to keep the site running smoothly, but we take no responsibility for and will not be liable for the site being temporarily unavailable due to technical issues beyond our control.

Questions

If anything here is unclear, contact us at contact@microcapobserver.com.