GRIT DISCLOSURE STATEMENT
Updated July 2023
At Grit Capital Corporation (“GRIT”), we value transparency and responsibility when it comes to financial content. That’s why we believe it’s crucial for you to understand our perspectives on stocks and other investment products. To ensure clarity, we provide you with this Disclosure Statement containing information about our business and communications. We encourage you to review it, as it will enhance your experience by providing valuable insights.
Investors learning from Investors
GRIT is a company that represents investors teaching and learning from other investors. GRIT and it’s employees, writers, and content creators write about investing through both free and paid content. Numerous financial publications do not permit their employees, writers, and content creators to own stocks.
However, at GRIT we do permit this. Why?
First, we believe the most effective way to create wealth is through the long-term investing in the stock market. We believe in empowering our employees, writers, and content creators to achieve their financial goals without limitations.
Second, we see our employees, writers, and content creators not as journalists, but as communicators and educators in the field of finance. This perspective greatly influences all the content we create, whether it’s in our newsletters, on our website, or on our social media platforms. As a company, we utilize various channels to educate people from diverse backgrounds, regardless of their age or income level, about money and investing. That’s why we believe it’s important for our employees, writers, and content creators to manage their own finances. It allows them to deepen their understanding of the subject and achieve personal success. After all, who could be better equipped to write about investing than those who have hands-on experience?
GRIT and its employees, writers, and content creators hold positions in stocks that they might also write about. In both GRIT’s free and paid content which are opinion pieces, we disclose whether the author and/or GRIT, or any officer, director, or insider of GRIT, has a position in the stocks discussed. For our Daily Grit Newsletter that has news items on dozens of companies per day we have a broad disclosure stating that the author/and or GRIT, or any officer, director or insider may have positions in these stocks.
GRIT has always strived to operate with the highest levels of integrity and transparency. As such, here are the key components of GRIT disclosure policy:
When an author writes about a stock or financial product that he or she has a position or beneficial interest in, that fact is disclosed at the end of the article. If GRIT, or any officer, director, or insider of GRIT holds a position in a stock or financial product, that fact is also disclosed at the end of the article. Furthermore, the publisher, its affiliates, and clients of the publisher or its affiliates may also currently have long or short positions in the securities of the companies mentioned elsewhere on our website, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions. None of the author, publisher or any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained on our website.
Business and Technology Service Providers
GRIT maintains contractual relationships with various companies, including technology vendors, data providers, fintech companies, company distribution channels, advertisers, accountants, and others. Occasionally, our newsletters or articles on GRIT may mention a company we have a business relationship with, but please note that such instances are unintentional and coincidental.
Please find below a list of most significant service providers. (This list is subject to change. We’ll update it periodically, but we will not be able to keep pace with the rate of change.)
Major Service Providers
Our major service providers include: Beehiv, LeverageIT, Stripe, Quote Media, Swag.com, Wolf Financial, Block Labs and social media accounts including but not limited to Instagram, Twitter, Linkedin, TikTok, YouTube, SnapChat, Facebook and Threads). (This list is subject to change. We’ll update it periodically, but we will not be able to keep pace with the rate of change.)
GRIT is an ad-supported financial platform that is disseminated through various internet media sites Please be aware that payment of these fees may put Grit in a conflict of interest with you the reader/investor. As such we disclose all content that is paid content with clear disclaimers.
Our disclosures are as follows:
If you see an ad placement on our newsletters, emails, website, or social media, that company is paying us for such placement. Under each ad placement you will see this disclaimer: “*This is paid advertising content and the information contained on this website has been prepared by the paid advertiser. The publisher does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author or paid advertiser.” This disclaimer at the bottom of this email/newsletter/post MUST be read carefully. On social media platforms where long disclaimers are not permitted, such as twitter, you will still see that the post is sponsored by the presence of the hashtags #sponsoredby[company] and #ad.
GRIT also publishes landing pages about specific companies, on the website get-versed.io. At the top of each landing page, you will see “Sponsored Content – Paid for by (Name of Company).”
Further, at the bottom of every newsletter, email, landing page, and website page you will see a disclaimer explaining the compensation arrangement with the advertiser including whether GRIT or its officers, directors, or insiders holds securities in that advertiser.
We have created clear guidelines to ensure fairness for our community, customers, and employees. However, it’s important to remember that any investment information you receive from us or elsewhere should not be taken as a recommendation, but rather as an idea to explore further. Ultimately, the responsibility for decision-making lies with individuals. Conducting thorough research and due diligence, applying critical thinking, and consulting with an investment professional is the best path to a successful investment future.
No statement or expression of opinion, or any other matter discussed on our website, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned on our website.
Any projections, market outlooks or estimates on our website are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed on our website. The information provided on our website is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.
THE INFORMATION CONTAINED ON THIS WEBSITE IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS’ OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN.
If you have any questions please contact us at [email protected]