Securities & General Disclaimers

 Last Updated: January 8, 2024

 

This Website is operated by Hive Scale LLC, a Delaware limited liability company (hereinafter “Hive Scale”, or "Company"). These Disclaimers governs your access to the Hive Scale website joinhivescale.com (the “Website”) and remain generally set forth for the avoidance of any doubt regarding the Company, or it's services.

The term “you”, “your” or “User(s)” shall refer to any entity or person that accesses, views, uses our Website, and/or purchases our products though the website. The terms “we,” “our”, “us” shall refer to Hive Scale.

Company operates a financial education business specializing in the development of educational programs relating to capital market trading information and strategies;

Company is desirous of providing only educational services relating to capital markets and trading information and strategies;

You are an individual desirous of obtaining educational services for the purposes of enhancing their own knowledge of capital market trading information and strategies, and is in no way desirous of seeking professional advice pertaining to the investment or registration of securities.

 DISCLAIMERS & DISCLOSURES

Not a Registered Investment Advisor. The Company is not an investment advisor requiring registration pursuant to, or as defined in, 15 U.S.C. § 80b-3. Further, the Company is not an entity that has elected to be regulated or is regulated as a business development company pursuant to 15 U.S.C. § 80a-53. In no way shall Company render the Services by engaging in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities, or, for compensation and as part of a regular business, issues or promulgates analyses or reports concerning securities.

Not an Investment Company. The Company is not an investment company requiring registration pursuant to, or as defined in, 15 U.S.C. § 80a-8 or 15 U.S.C. § 80a-3. For the avoidance of doubt, the Company is not and does hold itself out as: (1) being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting, or trading in securities; (2) being engaged or proposes to engage in the business of issuing face-amount certificates of the installment type, or has been engaged in such business and has any such certificate outstanding; or (3) being engaged or proposes to engage in the business of investing, reinvesting, owning, holding, or trading in securities, and owns or proposes to acquire investment securities having a value exceeding 40 per centum of the value of such issuer's total assets (exclusive of Government securities and cash items) on an unconsolidated basis.

Not a Commodity Pool Operator; Simulated Performance. The Company is not a Commodity Pool Operator, Commodity Trading Advisor, or Principal thereof as defined by 17 C.F.R. § 1.3. The Company utilizes hypothetical or simulated financial performance results in rendering the Services contemplated by this Agreement. Any such use of hypothetical or simulated financial performance results, or any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature or advice, whether by electronic media or otherwise, including information provided via internet or e-mail, the texts of standardized oral presentations and of radio, television, seminar or similar mass media presentations, used in connection with the Services are in compliance with 17 C.F.R. § 4.41. Although the Company is not a Commodity Pool Operator, the following disclaimer shall be placed on all educational materials: “These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.”

Not a Broker; No Solicitation. The Company is not a registered broker and shall not provide any services, or cause such services to be provided, in the course of its performance of the obligations set forth by this Agreement. In no way shall the Company’s rendering of the Services be construed as a solicitation or offer to buy or sell futures, options, or currencies, or any other security, or as a solicitation or offer to manage any funds, brokerage accounts, portfolios, or other reasonably related instruments.

No Licensure Required. In accordance with the Section hereto and with applicable law, the Company, to its knowledge, is not required to maintain licensure, register to be licensed, or seek licensure for the purposes of providing the Services contemplated by this Agreement.

General Disclaimer. The Company does not guarantee the actual realization of financial or economic gain, the betterment of the Client’s financial wellbeing, or the achievement of the Client’s educational improvement from the Clients purchase of, and the Company’s rendering of, the Services contemplated by this Agreement. For the avoidance of doubt, the Company does not make any representations whatsoever that the utilization of any strategy, system, or methodology will generate financial gain to the Client. Any such strategy, system, or methodology can never be construed to generate positive results; no strategy, system, or methodology that guarantees positive results has never been created. In no way shall the Services be construed to guarantee positive results related to Client’s personal investment practices, or the actual realization of financial or economic gain, or the betterment of the Client’s financial wellbeing. For the avoidance of doubt, the Services contemplated by this Agreement are only educational, and shall only be construed as educational. The Company’s use or demonstration of its past performance is not indicative of future results. Furthermore, any results used as educational demonstrations are in no way indicative of future results and should only be considered as hypothetical. In no way shall the Services be considered or construed as investment advice or investment management services.

Risk of Substantial Loss. In purchasing the Services contemplated herein, the Client fully acknowledges and understands that there exists a substantial risk of financial loss associated with the trading of securities and the trading of options on equity. The Client is aware of, and hereby accepts, the risks commonly associated with the trading of securities and the trading of options on equity. Furthermore, the Client acknowledges and understands that the Company’s use or demonstration of its past performance is not indicative of future results. Furthermore, any results used as educational demonstrations are in no way indicative of future results and should only be considered as hypothetical.

Client’s Discretion. The Client fully acknowledges and understands that any and all information obtained from the Company’s rendering of the Services may be used by the Client, in its sole discretion, for the purposes of enhancing or improving their knowledge of, approach to, and/or personal investment strategy for their personal involvement in the capital market. In no way shall the Services be considered investment or financial advice. The Client is in no way obligated to implement the knowledge and/or strategies obtained from the Services. For the avoidance of doubt, the Client maintains full discretion, by their own volition, in making personal investment decisions, and assumes any and all risks associated with the trading of securities or the trading of options on equity. None of the Services shall be construed to encourage the Client to follow any strategy, system, or methodology learned by the Company’s rendering of the Services. In the event that the Client implements any strategy, system, or methodology learned from the Services, the Client assumes all risk whatsoever of any financial or other loss related to their discretionary and sole decision to implement such strategy, system, or methodology. In the event that the Client seeks to purchase or solicit the products or services of any third-party, it shall remain the sole responsibility of the Client to perform due diligence and take verifying efforts of any claims of any third-party before purchasing.

HYPOTHETICAL PERFORMANCE DISCLAIMER: Trades shown on this page are hypothetical and were not executed in a real account. hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. one of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. there are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

 CONTACT US 
If you have questions, comments, or concerns regarding these disclosures and disclaimers, please contact us and we will respond to your request within a reasonable timeframe. Please include the following information in your request (a) Your name; (b) Your contact information, including phone number, mailing address, and email address; and (c) The precise nature of your request, inquiry, or complaint. You may contact us at:  

Hive Scale LLC

By Mail:
Attention: Disclaimers Questions
2093 PHILADELPHIA PIKE SUITE 9773
CLAYMONT, DE 19703

By E-mail:
Info [at] joinhivescale [dot] com