Statements

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PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PLEASE, NOTE THAT NO REPRESENTATION IS BEING MADE HERE THAT CHEBOTAREV-LAB WILL OR IS LIKELY TO ACHIEVE PROFITS.

THE RATES OF RETURN REFERRED TO HEREIN ARE NET OF ALL FEES. THIS REPORT SHOULD BE USED FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE DEEMED AN OFFER TO SELL INTEREST IN CHEBOTAREV-LAB WHICH WILL BE MADE ONLY PURSUANT TO LAB’S CONFIDENTIAL INFORMATION MEMORANDUM.

COMMODITIES’ TRADING INVOLVES A SIGNIFICANT DEGREE OF RISK, WHICH EACH PROSPECTIVE INVESTOR SHOULD SERIOUSLY CONSIDER.

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL.

PROSPECTIVE INVESTORS SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR THEM IN LIGHT OF THEIR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITIES TRADING CAN WORK AGAINST THE INVESTORS AS WELL AS FOR THEM. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.