Bills Asset Management (“BAM”) is an SEC registered investment adviser located in Franklin, Tennessee.  BAM and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which BAM maintains clients. BAM may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. BAM’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links.  Accordingly, the publication of BAM’s web site on the Internet should not be construed by any consumer and/or prospective client as BAM’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.  Any subsequent, direct communication by BAM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of BAM, please contact the SEC or the state securities regulators for those states in which BAM maintains a notice filing.  A copy of BAM’s current written disclosure statement discussing BAM’s business operations, services, and fees is available from BAM upon written request. BAM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to BAM’s web site or incorporated herein, and takes no responsibility therefor.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.