The information provided does not constitute an investment recommendation or a solicitation to buy or sell any securities and cannot replace a professional investment advice. Any investment in shares involves risks that can lead to a total loss of the invested capital. Any decision for subscription, purchase or sale of a particular security should be based on adequate, unbiased information, and if necessary, consultation with a professional investment advisor. CM-Equity does not provide such investment advice. As part of the investment brokerage, the institute may receive a commission of up to ten percent of the investment amount. CM-Equity could not verify the assumptions underlying to the provided information and forecasts, because they are not known. In particular CM-Equity does not guarantee that stated revenues, earnings or other projections will occur or stated targets will be reached. If the information provided forward-looking statements, in particular about the price development of markets or securities, these are considered forecasts whose occurrence is unknown. CM-Equity AG may receive a consulting fee from the company. The CM-Equity AG and persons or companies affiliated with it may hold shares of the listed companies or buy positions in the daily business and sell, whereby a potential conflict of interest arises. CM-Equity has taken certain precautions to reduce such conflict. In this context a detailed work instruction for such transactions has been released. However, a conflict between personal interests and the interests of investors cannot be excluded.