LEGAL DISCLAIMER:

This page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or partnership interests described herein. Potential investors are urged to consult a professional advisor regarding the possible economic, tax, legal, or other consequences of entering into any investments or transactions described herein. Any investor must be able to bear the risks involved and must meet the applicable suitability requirements. No assurance can be given that the investment objectives will be achieved and investments of the type described herein involve significant risk. Past results of Paragon and its affiliates are not necessarily indicative of future performance, and performance may be volatile. Investors must realize that they could lose all or a substantial amount of their investment. Paragon shall have no liability, contingent or otherwise, to an investor or third parties, or any responsibility whatsoever, for the correctness, quality, accuracy, pricing, reliability, performance or completeness of the data or information provided herein or for any other aspect of the performance of these materials, and nothing contained herein shall be relied upon as a promise or representation whether as to past or future performance. This material may include estimates and projections and involve significant elements of subjective judgment and analysis. No representations are made as to the accuracy of such estimates or projections or that all assumptions relating to such estimates or projections have been considered or stated or that such projections will be realized. Forecasts by their nature are inherently uncertain and are subject to numerous risks. This may be more likely with respect to investments that have been held for a short period of time. Past performance is not necessarily indicative of future results. In no event will Paragon be liable for any special, indirect, incidental or consequential damages which may be incurred or experienced on account of the investor using the information provided herein, even if Paragon has been advised of the possibility of such damages. The information in this document and any other materials related to a potential investment is furnished on a confidential basis exclusively for your use and retention. Each person who has received a copy of any such information (whether or not the person purchases interests in the partnership) agrees (i) not to reproduce or distribute any information, in whole or in part, (ii) to maintain the confidentiality of the information and not to disclose any such information to any other party, and (iii) not to use the information for any purpose other than evaluating the potential investment presented herein.