Excalibur Capital Management Inc

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smadan@excaliburcap.com Disclaimer No representation, warranty or undertaking, express or implied, is made in regard to this document. This document does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase, any shares or any other interests, nor shall it, or the fact of its distribution form the basis of, or be relied on in connection with any contract thereof. Recipients of this document who intend to apply for units in the fund are reminded that any such application shall be made solely on the basis of the information contained in the documents relating thereto, as and when they become available, and only to accredited investor