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This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Unless otherwise stated, all views or opinions herein are solely those of the author, and thus any view, comments, or outlook expressed in this communication may differ substantially from any similar material issued by other persons or entities. This communication is not an offer to buy or sell, or a solicitation of any offer to buy or sell any financial instrument, product, or service. The information contained in this communication is based on generally available information and although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured and such information may be incomplete or condensed. The information in this communication does not constitute tax, financial, or legal advice. The reader should obtain advice based on their own individual circumstances from their own tax, financial or legal advisor.

Securities are offered through Finalis Securities LLC, member FINRA/SIPC. Magid and Company and Finalis Securities LLC are separate unaffiliated entities.