TREP Advisory services are intended for strategic succession planning. They are not intended to provide a formal valuation or constitute tax, financial or legal advice. Statements referring to these areas are to be considered opinion only. All recipients are encouraged to take independent tax, financial or legal advice from a duly-regulated source. TREP shall not provide any advice or service pursuant to which registration as a broker dealer under the Securities Exchange Act of 1934, as amended, or as an investment adviser, pursuant to the Investment Advisers Act of 1940, is required.