DISCLOSURES

POTENTIAL CONFLICTS OF INTEREST


DIR OWNS SHARES OF THE FOLLOWING COMPANIES:  OPRX, BDSI, ALOT AND NVEE.


                 NOTE REGARDING THE MEDEXUS RESEARCH COVERAGE


The initial report and updates have been commissioned by Medexus and prepared and issued by DIR for publication in the United States. A cash payment of $12,000 was paid in advance of any research being performed. All information used in the publication of this report has been compiled from publicly available sources that are believed to be reliable, however we do not guarantee the accuracy or completeness of this report. Opinions contained in this report represent those of the research department of DIR at the time of publication. The securities described in the Investment Research may not be eligible for sale in all jurisdictions or to certain categories of investors. DIR is registered as an investment adviser with the state of Arizona. We publish information about companies in which we believe our readers may be interested and this information reflects our sincere opinion. The information that we provide or that is derived from our website is not intended to be and should not be construed in any manner whatsoever as personalized advice. Also, our website and the information provided by us should not be construed by any subscriber or prospective subscriber as DIR’s solicitation to effect, or attempt to effect, any transaction in a security. The research in this document is intended for United States resident professional financial advisers or brokers (for use in their roles as financial advisers or brokers) and habitual investors who are “wholesale clients”. This is not a solicitation or inducement to buy, sell, subscribe, or underwrite any securities mentioned or in the topic of this document. This document is provided for information purposes only and should not be construed as an offer or solicitation for investment in any securities mentioned or in the topic of this document. DIR or its affiliates may perform services or solicit business from any of the companies mentioned in this report. The value of securities mentioned in this report can fall as well as rise and are subject to large and sudden swings. In addition, it may be difficult or not possible to buy, sell or obtain accurate information about the value of securities mentioned in this report. Past performance is not necessarily a guide to future performance. Forward-looking information or statements in this report contain information that is based on assumptions, forecasts of future results, estimates of amounts not yet determinable, and therefore involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of their subject matter to be materially different from current expectations. The content of this report is of a general nature, is intended as a source of general information only and is not intended to constitute a recommendation or opinion in relation to acquiring or disposing (including refraining from acquiring or disposing) of securities. As such, it should not be relied upon in making an investment decision. To the maximum extent permitted by law, DIR, its affiliates and contractors, and their respective directors, officers and employees will not be liable for any loss or damage arising as a result of reliance being placed on any of the information contained in this report and do not guarantee the returns on investments in the products discussed in this publication. 

ANALYST CERTIFICATION 

Each analyst of Discovery Investment Research whose name appears in this report hereby certifies that (i) the recommendations and opinions expressed in this research report accurately reflect the analyst’s personal views and (ii) no part of the research analyst’s compensation was or will be directly or indirectly related to the specific conclusions or recommendations expressed in this research report. 

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