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When you pay for FMC Market Cycles with your credit card, you will be billed a membership fee as stated at the time of checkout. If you wish to keep your membership after the first year, we will automatically bill you the same amount on your one year anniversary. We will continue to bill you the same amount after that. You can cancel your subscription at any time before your renewal. You will receive at least one reminder before being billed your annual renewal. This discounted membership price is locked in for the life of your membership. It will never rise. If at some point in the future you wish to discontinue your membership, you may cancel online in your Account or you can email or phone us and your membership will stop.

Paul Farrugia and First Macro Capital are not registered broker-dealers or financial advisors. Never, ever, make an investment based solely on what you read in an online newsletter, including this newsletter, especially if the investment involves a small, thinly-traded company that is not well known. Paul Farrugia and First Macro Capital’s past performance is not indicative of future results. It should not be used as a reason to purchase any stocks mentioned in any First Macro Capital newsletter or on the First Macro Capital website. Paul Farrugia and/or Members of First Macro Capital are long, own shares and plan to buy shares in the companies listed in this marketing letter. Neither Paul Farrugia nor First Macro Capital has received any compensation or commission to feature any company mentioned in this marketing material.

The information contained in such publications is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. Paul Farrugia nor First Macro Capital know your financial situation or tolerance for risk. Opinions expressed in such publications are those of the publisher and are subject to change without notice. The information in such publications may become outdated and there is no obligation to update any such information. Paul Farrugia and First Macro Capital shall not be liable for any damages, losses, or costs of any kind or type arising out of or in any way connected with the use of this newsletter. You should independently investigate and fully understand all risks before investing. When investing in speculative stocks, it is possible to lose your entire investment.

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