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We are short sellers. We are biased. So are long investors. So is the company. If you are invested (either long or short) in Teavana, so are you. Just because we are biased does not mean that we are wrong.

You are watching a video accompanying a short-biased opinion piece available at All opinions set forth in this video are based on information compiled in such report.

Obviously, we will make money if the price of Teavana stock declines. This video and all statements contained herein are the opinion of Glaucus Research Group California, LLC, and are not statements of fact. You can publicly access any piece of evidence cited in this video or that we relied on to write this video. Think critically about our opinions and do your own homework before making any investment decision. We are prepared to support everything we say in a court of law.

Use Glaucus Research Group California, LLC’s research at your own risk. You should do your own research and due diligence before making any investment decision with respect to securities covered herein. You should assume that as of the publication date of this video, Glaucus Research Group California, LLC (a California limited liability company) (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a direct or indirect short position in the stock (and/or options) of the company covered herein, and therefore stands to realize significant gains in the event that the price of stock declines.

We do not express any opinion as to whether any of the food products discussed in this video are safe for human consumption. Laboratory test results are presented as is, without any warranty of any kind (whether express or implied) and are not intended to form the basis for any scientific conclusions or any claims regarding the health effects of the tested products.

Following publication of this video, we intend to continue transacting in the securities covered therein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation. This is not an offer to sell or a solicitation of an offer to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the stock covered herein or who may otherwise owe any "fiduciary duty or duty of confidentiality to the issuer. However, such information is presented "as is," without warranty of any kind– whether express or implied. Glaucus Research Group California, LLC makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. All expressions of opinion are subject to change without notice, and Glaucus Research Group California, LLC does not undertake a duty to update or supplement this video or any of the information contained herein.

By downloading and opening this video you knowingly and independently agree: (i) that any dispute arising from your use of this video or viewing the material herein shall be governed by the laws of the State of California, without regard to any conflict of law provisions; (ii) to submit to the personal and exclusive jurisdiction of the superior courts located within the State of California and waive your right to any other jurisdiction or applicable law, given that Glaucus Research Group California, LLC is a California limited liability company that operates exclusively in California; and (iii) that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of this video or the material herein must be filed within one (1) year after such claim or cause of action arose or be forever barred. The failure of Glaucus Research Group California, LLC to exercise or enforce any right or provision of this disclaimer shall not constitute a waiver of this right or provision. If any provision of this disclaimer is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties' intentions as reflected in the provision and rule that the other provisions of this disclaimer remain in full force and effect, in particular as to this governing law and jurisdiction provision.

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