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What kind of report is written on our company?
The report is an institutional research report. It includes information such as a company overview, industry analysis, financial and valuation analysis, and other pertinent information pertaining to your company. The report is not a price recommendation report. Our distribution network includes experienced professionals that will draw their own conclusion on market capitalization and valuation. The opinions of these professionals have proved to be extremely valuable to our clients. We work in partnership with our clients and the institutions in our network to properly position their company.
Do we have any input on the content of the report?
Yes, the report is not distributed to anyone until the company approves the content of the report. Our clients are given a chance to review and modify the report before we distribute it to our targeted recipients.
Can Westport handle all our investor relation's needs?
Westport offers several programs from shareholder communication to institutional distribution. Westport has a staff of specialists for every sector of investor relations.
Is it less expensive to hire our own internal IR specialist?
Most companies with a market cap below $100,000,000 spend between $150,000 to $250,000 on IR per year. Westport has programs that are 1/4 the cost. We specialize in providing IR and we have a formula that works. Outsourcing your IR department to Westport saves your company time and money. Furthermore, your chances of success are far greater due to our contacts and experience.
How does Westport compare to other IR Firms?
Westport is far different than any other IR firm. Westport's upper management is comprised of investment bankers, brokers, and institutional sales people. We know what the potential buyers of your stock want and how they want the information presented. Most IR firms have little or no investment banking experience and are basically advertising agencies for your stock. Many advertising campaigns are costly and ineffective. Our success is based on our experience in all sectors of the public markets and our relationships have been built over years and we are not aware of any IR firm that can provide the service and experience that we do.
What can we expect from retaining Westport?
Westport is unique, we specialize in institutional distribution. By retaining Westport Strategic Partners, you can expect to have your company presented to institutions and funds that have shown a history of investing in companies similar in industry and market capitalization over the last few years. Our relationships are second to none and have been developed over 12 years. When Westport presents your company to our network it is viewed as a credible investment. We will not accept a client that we feel will not be viewed creditable by our network.
Will Westport accept my company?
We have many different programs to service the needs of most companies, both private and public. If your company does not qualify for our institutional distribution, we will work hand and hand to increase shareholder value through other strategies. We will develop a plan that will eventually qualify you for our institutional plan.
Does Westport raise money for growth companies?
Westport is not a broker dealer and does not raise money. However, our network has funded our clients. If funding is your goal, Westport will position your company for raising capital. Our staff will assist in developing a presentation and due diligence package that will increase your chances of funding. Our experience is in capital raising; in fact most of our staff comes from an investment banking background. We know what bankers want and we know how to present to them. In some cases our network has funded our clients, however Westport by SEC law cannot accept a commission or finders fee.
Can Westport help us structure a creative money-raising plan to fit our needs?
Corporate finance architecture is our specialty. Our banking experts and funding sources will work hand and hand with your attorneys and accountants to create a structure that meets your corporate finance needs. In fact, a large portion of our business are referrals from attorneys and accountants that represent our clients.
This sounds great, how long will it take Westport to get started?
We work on a project calendar. We will not sacrifice the quality of our service by having too many clients to service at any one time. In most cases we can assign your company to a specialist in your industry within 30 to 60 days after we are contacted.
Can we obtain a time slot without starting the contract?
Yes, we require a signed contract and the first month's payment up front. At that point we can have the contract become effective up to a year later.
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