We provide research coverage for small public companies on an issuer-paid basis.
In its report to the Securities and Exchange Commission (dated April 23, 2006), the Advisory Committee on Smaller Public Companies noted that:
The trading markets for public companies are assisted in great measure by the dissemination of quality investment research. Investment research for public companies in general, and for smaller public companies in particular, has declined dramatically in recent years, however, as economic and regulatory pressures have led the financial industry to dramatically reduce research budgets. The problem is particularly pronounced in the case of small cap companies, of which less than half receive coverage by even a single analyst, and in the microcap universe, where analyst coverage is virtually nonexistent.
We believe it is important that investors attempting to evaluate a company's investment merit have access to timely company and industry information, as well as professional insights to put this information in context. Since many investors need time to build confidence in a company as a rewarding long-term investment, our research offering includes an extensive initial report, quarterly updates, and research notes as warranted. Uncommon Equities provides this service in response to the contraction of quality equity research on small companies from traditional sources.