Privacy Statement

When you visit our web sites, you leave electronic traces of your passing: on our computer, on your computer, and quite possibly on a computer or computers between yours and ours. This is true of the entire Web, and most of the non-Web Internet. This statement addresses what we do and don't do with the information we get.
FISLY and LAZEF are committed to protecting and respecting your privacy. We have created this Privacy Statement in order to demonstrate our firm commitment to privacy. This privacy statement sets out the privacy policy for the sites of or (*) and explains what we do with the personal information that we collect from our users.
Please read the following to understand our views and practices regarding personal information, and how they pertain to you as you use our various features and services. This statement discloses the current privacy practices for our web sites. If we make any substantive changes to this policy, we'll announce it on our sites. If you have any questions or concerns regarding this statement, you should contact either the site coordinator at or

(*) The domains of and are the following:

This Privacy Statement answers the following questions:

What Information do we gather about our visitors?

A server might automatically collect non-personal information about you that is anonymous data. A server can recognize the consumer's domain name, but not the email address. Examples of this information include the length and time of your visit, the pages you looked at on our site, the type of Internet Browser you have, and the site you visited just before coming to ours. It is collected in aggregate form and then discarded. We use this information to develop ideas for improving our site and to measure site activity.

We also collect IP addresses to help us understand how our audience uses our site, so that we can make our site better and improve our users' overall experience when they visit our web sites. For these same reasons, if your browser is set up to accept them, we could use a feature known as a "cookie." Cookies contain bits of information that web sites transfer to your computer's hard drive for record keeping purposes. Cookies can make the Web more useful by storing information about your preferences on a particular site such as ours. Although we may assign your browser a cookie, it doesn't tell us who you are. Only you can do that.

How do we use your personal information?

We might conduct research on our users' demographics, interests, and behavior based on the information you provide us when you register, participate in a contest or other promotion on our site, or from our server log files. This research is compiled and analyzed only on an aggregated basis. We do this to better understand our users and improve your overall experience when using our service. We may also notify you of a new product or new area of our site that we think may interest you based on the information you have provided us. If you'd prefer us not to contact you, simply let us know.

Sometimes we ask for personal information when providing special, personalized service. If you don't want to give us that information, you certainly don't have to, but you may not be able to take advantage of certain products or services.

There are opportunities on our web site for you to send us email messages. All those email addresses actively submitted to us by visitors are used solely by our employees to provide you the requested information.

There are opportunities on our web site for you to fill in some forms by which means we collect a limited amount of information about our readers, so that we can provide a site that is more interesting and useful, as well as provide advertising that is more appropriate for our readers. We ask for your name, email address, and other personal information when you register to use our message boards, portfolios, or (eventually) chat areas, or if you sign up for any special or personalized service such as a subscription or newsletter service. You have the right to cancel a subscription at any time without notice.

How do we use cookies and "IP Addresses"?

IP addresses

We use IP addresses to analyze trends, administer the site, track user's movement and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information.


At this time, we do not use cookies.

Cookies are electronic tags that most major web sites place on your computer in the process of your computer a file, such as a web page. In essence, a cookie is a unique bit of computer code that is placed on your computer the first time you visit a site. It tells when a computer that has previously visited a site returns, and it identifies your computer's browser and operating system to help make the best connection.

If you would prefer not to receive any cookies, most browsers can be set to refuse cookies or to alert you when one is being sent. It is possible, however, that some portions of a site may not function properly if the cookies are disabled.

Will we disclose any of your personal information?

We will not disclose any information about individual users, except as described in this Privacy Statement, or to comply with applicable laws or valid legal process, or to protect our rights or property.

We do not give, rent, lend, or sell individual information to any third party, only aggregate information, except for the information that might be published on our own web sites. For example, we might tell advertisers that there are that many registered users, but we won't tell them that Superman is one of them, and we won't tell them that his email address is We might also use this aggregated information to help the advertisers reach the kind of audience they want. In this process, the advertiser never has access to individual account information. Only our own employees have access to individuals' data.

We may also disclose aggregate information in order to describe our services to prospective partners, advertisers, and other third parties and for other lawful purposes.

What about security features?

Our site does not use the security features of your browser, so we can't guarantee the security of any information transferred between your computer and ours. The Internet is not inherently a very secure place, and we strongly recommend that you do not send any sensitive information over the Internet unless you are sending it to a secure site.

While we do our best to protect your personal information, we can not ensure or warrant the security of any information you transmit to us, and you do so at your own risk. What does all this mean? Just as in the investing world, you must protect yourself. You are responsible for maintaining the secrecy of the information you're providing to us. Please be careful and responsible whenever you're online.

Will we use your information for direct mailings?

If you register or sign up for any our personalized services, we may use a user's email address to send news regarding our sites or other services we feel may interest you. The user may choose not to receive email of this type by contacting us by email. We'll remove your name from our lists as soon as we can.

How can you deactivate or correct or revise information that we have about you?

Correct and revise the information

If you want to consult or change the information in your profile, or any other information we have about you, send us an email. You are either be able to ask us to send you the kind of information we keep track of, to send us the requested changes, or we'll give you instructions as to how to do what you want.


Our users are given the opportunity to 'opt-out' of having their information used for purposes not directly related to our site at the point where we ask for the information.

Users who no longer wish to receive our newsletter or promotional information from our partners may opt-out of receiving these communications by replying to unsubscribe in the subject line. You have also a telephone or postal option as a way to opt-out.

How will we handle changes to our Privacy Statement?

We may make changes to this Privacy Statement at any time. If we decide to change our Privacy Policy, we will post those changes in here so our users are always aware of what information we collect, how we use it, and under which circumstances, if any, we disclose it. If at any point we decide to use personally identifiable information in a manner different from that stated at the time it was collected, we will notify users by way of an email. Users will have a choice as to whether or not we use their information in this different manner. We will use information in accordance with the Privacy Policy under which the information was collected.

What else should you know about your privacy?


Our web sites contain links to other sites. Please be aware that once you click on one of these links, you are moving to another web site and our policy no longer applies. We are not responsible for the privacy practices of other sites. We encourage our users to be aware when they leave our sites and to read the Privacy Statements of each and every web site that collects personally identifiable information. This Privacy Statement applies solely to information collected by our own web sites.

Message boards and others

The information you post on message boards, in chat rooms, and other features of that kind is visible to the public. That's really the point of this boards, chats, and others. Please remember that whenever you disclose personal information publicly - for example, on message boards, through email, or in chat areas - that information can be collected and used by others. In short, if you post personal information online that is accessible to the public, you may receive unsolicited messages from other parties in return. If you don't want strangers to send you email, don't post your email address on a message board.

How can you contact us?

If you have any questions, comments or concerns regarding our privacy policy and/or practices, please contact us at the following e-mail address, mailing address and telephone number:

Benny Dezeure
LAZEF Secretary
Dynastielaan 18 bis
B - 8660 De Panne - Belgium
Tel & fax: + 32 (0)58 415747 or