Legal & Disclosures

How our research is published

• Impersonal and regular. The First Look newsletter and the coverage pages are research of general and regular circulation: the same content for every reader, published on a schedule, not tailored to any person’s circumstances and not timed to any transaction. Nothing we publish is a recommendation, a price target, or advice to buy, sell or hold any security. The First Look Score measures a company against our published method; it is not a rating of any security.
• Disclosure on the piece, every time. No company can pay for coverage or for its First Look Score, and no covered company has compensated First Look Equities for its coverage. Covered companies scoring 50 or more may buy labeled investor-relations services at flat, published prices. Whenever an issuer pays us anything, directly or indirectly, the relationship and the amount are disclosed on that piece under Securities Act Section 17(b), in addition to this page.
• Related party, stated plainly. First Look Equities is a separate firm and a related party of AIEDGE Holdings, Inc. under common control. It is not a division of AIEDGE Holdings or of Luxury Marine Life. Any research touching AIEDGE Holdings or its businesses is labelled as related-party coverage, and First Look Equities receives no compensation measured by amounts raised or investors introduced for any issuer.
• Memberships. Membership is free for investors, brokers, advisers and company officers. Private material is earned by contributing, never bought. Private Circle access to any co-investment, if it opens, will come only after counsel’s review, through a third-party SPV platform, and First Look Equities will receive nothing in connection with any purchase or sale.

Who pays us, and the lines we never cross

1. Publisher, not adviser. Our research is impersonal, regular and of general circulation. No advice is tailored to a person’s holdings, including from any member research assistant.
2. No company pays for the opinion. Coverage and the First Look Score are never paid. Paid IR is labeled, flat-fee and carries the Section 17(b) disclosure of who paid, how much and when.
3. Nobody is paid for an investor. No success fees, no share of a raise, no equity for introductions, and no rewards to members or brokers for referring investors. Referring a company earns thanks, not money.
4. No fee tied to any offering. We take nothing in connection with any company’s offering of securities, and paid briefings and road shows never carry offering terms.
5. We never hold investor money. Any investment is made directly with the company or through a third-party platform.
6. Trading rules. First Look Equities, its owner and its related parties do not trade a covered public company from 30 days before to 5 days after a piece, and every position is disclosed.
7. Related parties in daylight. Timebroker.ai and AIEDGE Holdings, Inc. are related parties under common control. When either works with a company we cover, the company’s page discloses it in its ledger: fees paid to us, any Timebroker.ai engagement, any AIEDGE Holdings relationship, and any positions held.
8. The information wall. What Timebroker.ai learns inside a company never reaches our research. While a public company is engaged with Timebroker.ai, it is on our restricted list: its score is frozen, we publish nothing new on it, and no one in the group trades its shares.
9. Republication. AIEDGE Media, a related party, may republish our public research unchanged, with its disclosures. It never covers AIEDGE Holdings’ own securities, and neither do we.