Based on looking at the website, Jasonbondtraining.com, or more accurately JasonBondPicks.com as indicated by the site’s content, appears to be a platform offering a free newsletter focused on stock market news and updates. While it aims to provide market insights and analysis, the nature of stock market trading, particularly day trading and speculative investments often promoted by such services, inherently involves elements that are not permissible from an ethical standpoint due to the presence of Riba interest-based transactions, Gharar excessive uncertainty, and Maysir gambling-like speculation. This review will highlight these concerns and underscore why pursuing such ventures can lead to detrimental outcomes, while also providing alternatives that align with ethical financial principles.
Overall Review Summary:
- Purpose: Free newsletter for stock market news, trends, and updates.
- Service Model: Delivers daily market insights via SMS and email.
- Target Audience: Both seasoned traders and beginners.
- Ethical Concerns: Involvement with stock market trading and speculative investments which often contain Riba, Gharar, and Maysir, making it impermissible.
- Transparency: Provides contact information, terms, privacy policy, and disclaimers.
- Subscription Model: Free, but requires phone and email for access.
- Outcome: Unrecommended due to the inherent ethical issues associated with the speculative nature of the stock market.
The website promises to keep subscribers “informed and ahead of the curve” with “quick, digestible format sent right to your phone,” covering “major headlines, earnings reports, economic indicators, and expert analysis.” However, the fundamental premise of profiting from rapid, speculative market movements, especially through short-term trading or options, often involves elements that are considered impermissible.
This includes dealing with interest-bearing instruments, engaging in contracts with excessive uncertainty, and participating in activities that resemble gambling due to their highly speculative nature.
As such, while the information might seem appealing, the underlying activity it supports makes it an unfavorable venture.
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Best Alternatives:
- Ethical Investing Platforms:
- Wahed Invest: A globally recognized ethical investment platform that offers halal-compliant portfolios across various asset classes, screened to avoid impermissible industries and instruments.
- Amanah Ventures: Focuses on ethical venture capital investments, providing opportunities to invest in real businesses with positive societal impact, aligning with ethical principles.
- Zoya App: A stock screening and ethical investment tool that helps users identify Sharia-compliant stocks, allowing for informed decisions in line with ethical guidelines.
- Fama Technologies: Provides ethical screening for various investment opportunities, helping individuals and institutions align their portfolios with ethical principles.
- Islamic Finance Guru IFG: Offers resources and guidance on ethical financial planning, including Sharia-compliant investing, business ventures, and personal finance.
- Halal Stock Screener: A tool designed to screen stocks for Sharia compliance, helping investors build portfolios that adhere to ethical guidelines by avoiding impermissible activities.
- Islamicly App: Another mobile application that provides Sharia screening of global stocks, ensuring that investment choices are ethically permissible.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
jasonbondtraining.com Review & Ethical Implications
Based on checking the website JasonBondPicks.com which appears to be the actual domain for Jasonbondtraining.com, the platform offers a free newsletter primarily focused on stock market news and updates.
The site emphasizes providing “daily market news and updates at your fingertips” and aims to help users “make smarter decisions” in the stock market.
While this might sound like a beneficial service for financial literacy, the core activity it promotes—stock trading—is fraught with ethical issues that need careful consideration.
The very nature of speculation and the presence of interest-based instruments in the modern stock market often conflict with ethical guidelines.
Understanding the Platform’s Offerings
JasonBondPicks positions itself as a source for market insights, including “major headlines, earnings reports, economic indicators, and expert analysis.” The service is delivered via SMS and email, promising “quick, digestible format” of information. Thesufi.com Review
- Free Access: The platform highlights “FREE Access” upon entering phone and email, making it an appealing entry point for those new to market news.
- Focus on Digestibility: The promise of “quick, digestible format” suggests a focus on simplifying complex financial information, which can be attractive to busy individuals.
- Broad Appeal: It targets both “seasoned traders or just getting started,” implying that the content is tailored for a wide range of market participants.
The Problematic Nature of Stock Trading
The fundamental issue with services like JasonBondPicks, which guide users into stock market participation, lies in the inherent ethical conflicts within conventional financial markets. Many transactions within these markets involve elements that are not permissible.
- Riba Interest: A significant portion of modern financial systems, including corporate debt and many financial instruments, are structured around interest. Investing in companies heavily reliant on interest-based financing or deriving substantial income from interest can lead to ethical concerns. For example, if a company generates a large portion of its revenue from interest, such as banks or certain financial institutions, investing in them can be ethically problematic.
- Gharar Excessive Uncertainty: Many speculative trading practices, especially in derivatives, options, and futures, involve excessive uncertainty. These contracts often lack clear underlying assets or involve highly unpredictable outcomes, making them akin to gambling. The rapid fluctuations in stock prices, especially in day trading, can also introduce a high degree of uncertainty that borders on speculation rather than genuine investment.
- Maysir Gambling: Day trading and short-term speculation, where the primary objective is to profit from price fluctuations rather than the underlying value or productivity of a company, can resemble gambling. There’s often a zero-sum game aspect, where one person’s gain is another’s loss, without real wealth creation. Statistics show that a large percentage of day traders often cited as 80-90% lose money over time, highlighting the highly speculative and risky nature of this activity, much like gambling.
jasonbondtraining.com Cons & Ethical Shortcomings
While JasonBondPicks aims to inform its users about the stock market, the primary ethical concern stems from the very industry it promotes: stock market trading and its associated practices.
The website’s focus on “getting ahead of the curve” and making “smarter decisions” within this context often inadvertently encourages activities that are not permissible.
Lack of Ethical Screening
The website makes no mention of any ethical screening for the companies or market insights it provides. In conventional stock markets:
- Industries: Many publicly traded companies are involved in activities that are not permissible, such as alcohol, tobacco, gambling, conventional banking interest-based, pornography, or the production of non-permissible foods. Investing in these companies directly or indirectly supports these industries. Without explicit screening, users are likely to encounter recommendations or information related to such entities.
- Financial Practices: Even otherwise permissible businesses might engage in interest-based borrowing or lending, making their financial structure problematic. A company with significant debt obligations that accrue interest can be ethically questionable.
Promotion of Speculative Trading
The language used on the website, such as “stay informed. Stay confident. Diamantedior.com Review
Subscribe today and start your day with an edge,” often aligns with the mindset of short-term trading and speculation rather than long-term, value-based investing.
- Short-Term Focus: Daily market news and updates, combined with SMS alerts, suggest a focus on capitalizing on immediate market movements. This encourages frequent buying and selling, which is characteristic of speculative trading.
- High Risk: Speculative trading is inherently high-risk. While the website states it’s for “informational purposes only, never to be confused with investment advice,” its very existence as a “picks” service nudges users towards making trading decisions based on potentially fleeting market signals. Approximately 95% of active day traders fail to make consistent profits source: Tradeciety.com, 2021, underscoring the extreme risks involved in trying to “get an edge” in short-term trading.
Unregulated Information and Disclaimers
The website includes disclaimers that highlight its purely informational nature, stating, “For SMS informational purposes only, never to be confused with investment advice.” While legally prudent, this also implies that users are on their own in applying this information, with no accountability for potential losses.
- Personal Responsibility: The burden of ethical screening and investment decision-making falls entirely on the user, who may not be equipped to perform thorough ethical checks on companies or market instruments.
- No Guarantees: Despite promising to help users “stay ahead,” there are no guarantees of profit, which is standard in financial disclaimers, but it further underscores the inherent uncertainty and risk involved in following market “picks.”
jasonbondtraining.com Alternatives
Given the ethical concerns associated with stock market trading and the nature of the JasonBondPicks service, exploring alternatives that align with ethical financial principles is crucial.
These alternatives focus on real economic activity, asset-backed investments, and avoiding interest, excessive uncertainty, and gambling.
Ethical Investment Platforms Halal Investing
These platforms provide avenues for investing in Sharia-compliant assets, ensuring that investments avoid prohibited industries and financial structures. Wifination.com Review
- Wahed Invest: A pioneer in ethical investing, Wahed Invest offers diversified portfolios globally.
- Key Features: Automated halal investment portfolios, diversified across global stocks, Sukuk Islamic bonds, and gold. Regular Sharia compliance audits.
- Pros: Easy to use, globally accessible, fully Sharia-compliant, caters to various risk appetites.
- Cons: Limited customization options, management fees apply.
- Average Price: Varies based on portfolio size e.g., 0.49% to 0.99% annual fee.
- Wahed Invest
- Amanah Ventures: Focuses on venture capital, investing in promising startups and growing businesses that adhere to ethical principles.
- Key Features: Direct investment opportunities in ethically screened private companies, focus on real economic growth.
- Pros: Impact investing, potential for higher returns from early-stage companies, direct participation in real economic development.
- Cons: Higher risk due to startup nature, illiquid investments, requires a longer-term horizon.
- Average Price: Investment amounts vary per opportunity.
- Amanah Ventures
- Zoya App: Not an investment platform itself, but a crucial tool for individual investors to screen stocks for Sharia compliance.
- Key Features: Real-time Sharia screening for thousands of stocks, detailed compliance reports, news, and analysis.
- Pros: Empowers individual investors, helps identify permissible stocks, regularly updated data.
- Cons: Requires manual stock selection and brokerage account, subscription fee for full features.
- Average Price: Free basic version, premium subscriptions vary.
- Zoya App
- Islamic Finance Guru IFG: A comprehensive resource platform offering guides, courses, and curated investment opportunities that are ethically sound.
- Key Features: Educational content on ethical finance, curated list of Sharia-compliant investment products e.g., Sukuk, ethical funds, property.
- Pros: Excellent educational resource, covers a broad range of ethical financial topics, community engagement.
- Cons: Not a direct investment platform, requires users to find and utilize recommended products.
- Average Price: Many resources are free, some courses/products may have fees.
- Islamic Finance Guru IFG
- Halal Stock Screener / Islamicly App: Similar to Zoya, these apps provide tools for screening stocks.
- Key Features: Automated screening based on ethical principles for global equities, detailed reports, watchlist features.
- Pros: Simplifies ethical investing, broad coverage, easy to use on mobile devices.
- Cons: Subscription fees for advanced features, requires user to have a brokerage account.
- Average Price: Subscription models vary.
- Halal Stock Screener
- Islamicly App
Real Estate Investments
Investing in physical properties provides a tangible asset and generates rental income, which is generally considered permissible as it’s based on a real asset and service.
- Direct Property Ownership: Buying residential or commercial properties to rent out.
- Key Features: Tangible asset, potential for rental income and capital appreciation.
- Pros: Stable long-term investment, direct control, income generated from legitimate services.
- Cons: High capital requirement, illiquid, management intensive, market fluctuations.
- Real Estate Investment
- Crowdfunded Real Estate: Platforms that allow individuals to invest in real estate projects with smaller amounts.
- Key Features: Lower entry barrier, diversification across multiple properties, passive income.
- Pros: Accessible, managed by professionals, diversified portfolio potential.
- Cons: Less control, illiquid, platform fees.
- Real Estate Crowdfunding Platforms
Ethical Business Ventures
Instead of speculating on stock prices, investing in or starting real businesses that provide goods or services aligned with ethical values.
- Startup Investment Direct: Investing in private businesses that operate within permissible sectors.
- Key Features: Direct involvement or passive investment in a specific business.
- Pros: Supports real economic activity, potential for high returns, can have a positive social impact.
- Cons: High risk, illiquid, requires due diligence.
- Angel Investing
- Small Business Ownership: Starting or acquiring a small business.
- Key Features: Full control, direct revenue generation, community impact.
- Pros: Entrepreneurial freedom, direct impact on income, wealth creation from real value.
- Cons: Demanding, high failure rate for new businesses, significant time commitment.
- Small Business Setup Guide
How to Cancel jasonbondtraining.com Subscription
While JasonBondPicks.com explicitly states it offers “FREE Access” and operates as a newsletter, the typical subscription model for such services usually involves providing consent for communication.
Cancelling a “free” subscription primarily means opting out of their communication channels, specifically their SMS program and email newsletters. Yaguara.co Review
Opting Out of SMS Messages
The website prominently displays instructions for canceling SMS messages right on its homepage:
- Reply “STOP”: The simplest method is to reply “STOP” to any SMS message you receive from JasonBondPicks. This is a standard practice for SMS marketing and should automatically unsubscribe you from their text alerts.
- Important Note: The website states, “You can unsubscribe at any time simply by replying “STOP”.” This is the most direct and universally accepted method.
Unsubscribing from Email Newsletters
For email communications, the process is equally straightforward:
- Click the Unsubscribe Link: Every legitimate marketing email is required to include an unsubscribe link, usually found at the bottom of the email.
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Steps:
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Open any email received from JasonBondPicks.
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Scroll to the very bottom of the email. Prosourcefit.com Review
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Look for a phrase like “Unsubscribe,” “Manage Preferences,” or “Opt-out.”
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Click on the link, and follow any on-screen prompts to confirm your unsubscription.
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Some services might ask for a reason for unsubscribing, which is optional.
Contacting Support
If the above methods do not work, or if you prefer direct communication, you can contact their support team.
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Email Support: The website lists an email address for support: [email protected]. Romehabicabs.com Review
1. Compose a clear email stating your request to be unsubscribed from all their communications SMS and email. 2. Include the phone number and email address you used to subscribe. 3. Send the email to [email protected]. -
Phone Support: A phone number is also provided: 800 380-7072.
1. Call the provided number during their business hours. 2. Clearly state your request to unsubscribe and provide your details.
What to Expect After Cancellation
- Immediate Cessation: For SMS, replying “STOP” usually results in immediate cessation of messages.
- Processing Time for Email: Email unsubscribes might take a few days typically up to 7-10 business days for the request to be fully processed across all their systems. You might receive a few more emails during this transition period.
- Confirmation: Some services send a confirmation email or SMS after a successful unsubscribe, but this is not always guaranteed.
It’s important to remember that since JasonBondPicks is a “free” service, there’s no billing or subscription fee to cancel in the traditional sense, only the cessation of communications.
Jasonbondtraining.com Pricing
JasonBondPicks.com explicitly markets itself as providing “FREE Access” to its newsletter.
This means there is no direct monetary cost or subscription fee associated with receiving their daily market news and updates.
The “Free” Model Explained
The business model appears to be based on: Whalebone.io Review
- Lead Generation: Collecting phone numbers and email addresses allows them to build a marketing list. This list can then be used for internal marketing, such as promoting other potentially paid services from JasonBondPicks or its parent company, RagingBull.com.
- Affiliate Marketing/Partnerships: While not explicitly stated on the homepage, free newsletters often serve as a funnel for promoting other financial products, services, or educational programs. They might earn commissions or fees by referring subscribers to other platforms or brokers.
- Data Aggregation: The collected contact information and potentially user behavior data if they track clicks on articles can be valuable for market research or targeted advertising.
What You “Pay” With Non-Monetary Cost
While there’s no dollar amount exchanged, users “pay” with their personal data and attention:
- Personal Information: Providing your phone number and email address is the primary “cost” of access. This information is valuable for marketing purposes.
- Exposure to Marketing: By subscribing, you consent to receive “automated marketing messages from JasonBondPicks.” This means you will be regularly exposed to their content, and potentially promotions for other services within their network.
- Potential for Upselling: It’s common for “free” services in the financial education space to eventually introduce or strongly promote premium paid services, courses, or trading tools to their free subscriber base. While JasonBondPicks.com’s homepage does not explicitly advertise these, it is a common industry practice.
Terms & Conditions and Privacy Policy
The website links to its “Terms & Conditions” and “Privacy Policy.” It’s crucial for users to review these documents, especially for a “free” service, to understand:
- Data Usage: How their personal information will be collected, stored, and used.
- Sharing with Third Parties: Whether their data might be shared with partners or affiliates.
- Communication Consent: The full scope of communications they are agreeing to receive beyond just the daily newsletter.
In summary, JasonBondPicks.com operates on a freemium-like model where the initial access is free, but the “payment” comes in the form of your contact information and consent to receive marketing communications.
There are no direct subscription fees mentioned for the newsletter itself.
Jasonbondtraining.com vs. Ethical Financial Education Platforms
When comparing JasonBondPicks.com to ethical financial education platforms, the stark difference lies in their core approach to wealth creation and investment philosophy. Atlayo.com Review
JasonBondPicks focuses on rapid market information, which can subtly encourage speculative trading.
In contrast, ethical platforms prioritize long-term, asset-backed, and morally sound financial strategies.
JasonBondPicks.com
- Focus: Daily market news, trends, and updates primarily for stock trading.
- Methodology: Delivers quick, digestible information via SMS and email, aiming to give subscribers an “edge.”
- Ethical Stance: No explicit ethical screening or mention of ethical investment principles. Promotes engagement with conventional stock markets, which inherently contain elements like Riba interest and Maysir gambling/speculation.
- Risk Profile: Supports activities that are generally high-risk, especially short-term or speculative trading.
- Value Proposition: Information to help users make “smarter decisions” within the conventional stock market framework.
Ethical Financial Education Platforms
These platforms, like Islamic Finance Guru IFG or Zoya, focus on education and tools for financially sound and ethically permissible wealth building.
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Islamic Finance Guru IFG:
- Focus: Comprehensive education on ethical finance, including halal investing, ethical business, personal finance management, and wealth preservation.
- Methodology: Offers articles, guides, courses, and curated lists of ethically screened products. Emphasizes understanding principles like avoiding Riba, Gharar, and Maysir.
- Ethical Stance: Fully aligned with Islamic ethical principles, rigorously screening investments and financial practices to ensure permissibility. Promotes real economic activity and asset-backed investments.
- Risk Profile: Encourages responsible, long-term investing based on fundamental analysis and ethical criteria, which typically involves lower risk compared to speculative trading.
- Value Proposition: Empowers individuals to build wealth ethically, providing the knowledge and resources to make informed, principled financial decisions.
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Zoya App: Nexttheme.com Review
- Focus: A tool for screening individual stocks for Sharia compliance.
- Methodology: Provides real-time Sharia screening for thousands of stocks, detailing compliance factors e.g., business activity, interest-bearing debt, non-compliant income.
- Ethical Stance: Strictly adheres to Islamic ethical principles, giving clear “compliant” or “non-compliant” ratings based on established Sharia screening methodologies.
- Risk Profile: Reduces ethical risk by identifying permissible companies, allowing users to build a portfolio of ethically sound investments. Investment risk still depends on market conditions and individual stock performance.
- Value Proposition: Simplifies the process of finding and investing in ethically permissible stocks, empowering individuals to manage their own ethical portfolios.
Key Differences in a Nutshell
| Feature | JasonBondPicks.com | Ethical Financial Platforms e.g., IFG, Zoya |
|---|---|---|
| Primary Goal | Provide market news for stock trading speculation. | Educate on and facilitate ethical, permissible wealth building. |
| Ethical Screening | None mentioned. promotes conventional market engagement. | Core to their offering. rigorous screening for Riba, Gharar, etc. |
| Investment Horizon | Often implies short-term/speculative focus. | Emphasizes long-term, asset-backed, and responsible investing. |
| Risk Focus | Information to “get an edge” in high-risk trading. | Focuses on ethical risk mitigation. market risk remains. |
| Underlying Philosophy | Profit from market fluctuations. | Wealth creation through real economic activity and ethical means. |
| Pricing | Free newsletter. likely upsells. | Varied free resources, paid tools/courses, management fees. |
In essence, while JasonBondPicks.com offers information about the stock market, its inherent promotion of engaging with a system fraught with ethical issues makes it less desirable.
Ethical financial education platforms, on the other hand, provide the tools and knowledge to engage in wealth creation in a manner that is both responsible and permissible.
FAQ
What is JasonBondPicks.com?
JasonBondPicks.com is a website that offers a free newsletter providing daily market news, trends, and updates related to the stock market, delivered via SMS and email.
Is JasonBondPicks.com a legitimate website?
Yes, JasonBondPicks.com appears to be a legitimate website in terms of its operation and the delivery of its stated service.
It provides contact information, terms, and privacy policies. Macnessa.com Review
What kind of information does JasonBondPicks.com provide?
It provides stock market insights, including major headlines, earnings reports, economic indicators, and expert analysis, aiming to help users make decisions in the stock market.
Is there a cost to subscribe to JasonBondPicks.com?
No, the website explicitly states it offers “FREE Access” to its newsletter. There are no direct monetary subscription fees.
How does JasonBondPicks.com make money if it’s free?
While not explicitly stated, “free” newsletters often generate revenue through lead generation, promoting affiliated potentially paid services from their network like RagingBull.com, or through affiliate marketing by referring subscribers to other financial products or brokers.
Is stock trading permissible from an ethical perspective?
No, stock trading, especially speculative or short-term trading, is generally not permissible from an ethical standpoint due to the common involvement of Riba interest, Gharar excessive uncertainty, and Maysir gambling-like speculation within conventional financial markets.
What are the ethical concerns with JasonBondPicks.com?
The main ethical concern is that it promotes engagement with the conventional stock market, which frequently involves transactions and instruments that are not permissible, such as those related to interest, excessive speculation, or non-ethical business activities. Creatrill.com Review
Does JasonBondPicks.com screen for ethical investments?
No, there is no indication on the website that JasonBondPicks.com screens the companies or market insights it provides for any ethical compliance.
How do I unsubscribe from JasonBondPicks.com SMS messages?
You can unsubscribe from SMS messages by simply replying “STOP” to any message you receive from JasonBondPicks.
How do I unsubscribe from JasonBondPicks.com emails?
You can unsubscribe from their emails by clicking the “Unsubscribe” link typically found at the bottom of any email you receive from them.
What are some ethical alternatives to stock trading?
Ethical alternatives include investing in Sharia-compliant investment platforms like Wahed Invest, utilizing stock screening tools like Zoya App, investing in real estate, or engaging in ethical business ventures.
What is Riba in the context of investing?
Riba refers to interest or usury, which is prohibited in ethical financial systems. Vocapp.com Review
In investing, it concerns transactions or companies that derive significant income from or are heavily reliant on interest-based debt.
What is Gharar in the context of investing?
Gharar refers to excessive uncertainty or ambiguity in a contract or transaction.
Speculative trading, especially in derivatives or options, can involve high levels of Gharar due to unpredictable outcomes.
What is Maysir in the context of investing?
Maysir refers to gambling or games of chance.
Highly speculative trading activities where profit is primarily derived from pure chance rather than value creation, can resemble Maysir. Iopenways.com Review
Does JasonBondPicks.com offer investment advice?
No, the website includes a disclaimer stating that its content is “For SMS informational purposes only, never to be confused with investment advice.”
What is the purpose of the disclaimers on JasonBondPicks.com?
The disclaimers are standard legal protections that clarify the informational nature of the service, state that it’s not investment advice, and outline terms of use and privacy policies.
Can I trust the “expert analysis” provided by JasonBondPicks.com?
While JasonBondPicks.com claims to provide “expert analysis,” any market analysis comes with inherent risks and no guarantees of accuracy or profitability, especially in the volatile stock market. Users should conduct their own due diligence.
Is JasonBondPicks.com affiliated with RagingBull.com?
Yes, based on the support email address [email protected] and typical industry structures, JasonBondPicks appears to be part of the RagingBull.com network.
What type of personal information does JasonBondPicks.com collect?
The website primarily collects your phone number and email address for subscription to its newsletter. Stadlerpartner.com Review
Their privacy policy would detail further data collection practices.
Why is long-term, asset-backed investment generally preferred over speculative trading?
Long-term, asset-backed investment focuses on the intrinsic value and productivity of real assets or businesses, aiming for steady growth and income over time.
This approach is generally considered more stable and ethically sound than speculative trading, which often relies on price volatility and market sentiment.
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