To ensure the integrity of our research, we require a minimum of 12 months of research coverage, with full payment upfront to help ensure our research is as independent as possible. The client has the right to not distribute the report; however, they have no sway over what is put into the report. While we may benefit from owning stock or options in a client company, we emphasize this potential conflict of interest clearly in our reports. We view ourselves as long-term investors in our client companies, and as such, we hold client stock or options for at least a year from the initial engagement. Our research not only conveys the long-term potential risk/reward of a stock, but our thought process as to why we have chosen to put our reputation on the line for a particular client. Please read the detailed disclosures on our website and in each report for more information.