Underdisclosed.com is our free site that looks “under the hood” and “between the lines” of the public disclosures of public companies, including:
- Reports on Forms 10-K, 10-Q and 8-K to tell you out what’s really going on in these companies;
- Merger and acquisition agreements;
- Stock offering documents;
- Proxy statements to tell you what you’re really voting on;
- Ownership reports on Forms 3, 4 and 5 and Schedules 13D and 13G;
- and much, much more.
We reveal what they really mean by the terms of art, ambiguous language, boilerplate and the parlance of the profession.
Of course, the financial tables and compensation numbers are important in understanding a company. However, it often takes an experienced professional to understand the meanings behind what is said and what is left unsaid. Sometimes you have to dig deep to find the hidden disclosures in a company’s public statements. Sometimes knowing where to look isn’t enough. You need to know how to look and to understand why a company presents its issues in a certain way.
Free blog readers get posts based on interesting items found in various SEC filings and other public documents. Underdisclosed PRO Members get in-depth analysis to help them understand these issues on a company, industry and market-wide basis in a way unavailable from traditional investment analysis. Other services provide some insight at a cost of ten times or more of Underdisclosed PRO from analysts who may have never drafted a Form 10-Q or filed a registration statement. Underdisclosed PRO Members get first hand insight into the real meaning behind public company disclosures by experienced SEC professionals.
Doug Berman is a corporate/securities attorney with more than a decade and a half of experience with disclosure documents and SEC reporting. Underdisclosed.com is based on years of experience in preparing, reviewing and analyzing public company disclosure documents.