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All the technical info is in some images at the official ebay sale page: http://www.ebay.com/itm/131661544771
The 5 positions seems to offer an option to adjust them in regard to your own dead spot (like Rotor has the OCD adjusting system)
bertocq
@AlfredIV
As there is several position to mount it, have you an explanation? I've put mine on the first angle I choose decent.