• We look for companies in the following broad GICS sectors: Biotech, Communication Services, Consumer, Energy, Industrials, Information Technology and Materials

• Client companies’ main operations and at least 10% of customers should be located in North America (this is mainly to keep due diligence costs below the cost of our services)

• Client companies must allow us to perform due diligence with on-site review of operations and meetings with C-suite executives by our analysts

• We only initiate coverage on companies where our review committee has determined the shares are undervalued and where we believe our research can present a viewpoint on the company that the market does not yet fully recognize