This website is for informational purposes only and is not intended to provide, and should not be relied upon for accounting, legal, or tax advice. You should consult your own tax, legal, accounting advisors before engaging in any transaction. This website references and provides information related to certain tax statutes, including H.R.1. and IRC Secs. 1400Z-1, 1400Z-2, which were enacted in recent months and are subject to further guidance from the Secretary of the Treasury and Commissioner of the Internal Revenue Service. Information in this presentation is based on legislative guidance available on July 26, 2018.

This website is provided for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. This website may not be reproduced or redistributed in any manner and is strictly confidential. Certain information contained herein has not been obtained from published sources prepared by third parties. In addition, certain information contained herein relates to and has been obtained from companies in which investments have been made by a prior investment vehicle and its affiliated entities. While such information is believed to be reliable for the purpose used herein, none of JMA Ventures, LLC nor any of its affiliates assumes any responsibility for the accuracy of such information.