Terms & Conditions

Pernas Research LLC (“Pernas Research,” “we,” “our,” or “this website”) is a Delaware-based company providing independent stock research for informational and educational purposes. Accessing or subscribing to this site constitutes agreement to the following terms. If you do not agree, please discontinue use immediately.

1. No Investment Advice

All material provided is strictly for informational purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any security. We are not registered investment advisors. Any financial decisions made based on our content are solely your responsibility. Do your own due diligence and/or consult a qualified advisor before making any investment decisions.

2. Subscriptions, Renewals & Refunds

All sales are final. There are absolutely no refunds under any circumstances. You may cancel future renewals at any time, but access will continue until the end of your current billing period.

Automatic Renewal: All subscriptions renew automatically at the end of each billing period. You will not receive advance notice prior to renewal. By subscribing, you authorize us to charge your payment method on file at the renewal date unless you cancel beforehand.

Important: Unsubscribing from our emails or newsletters does not cancel your paid subscription. You must cancel your subscription through your account on our website to stop future billing. Email preferences are separate from billing permissions.

Why no refunds? We maintain a public archive of past research, giving prospective subscribers a clear, detailed sense of our work before purchasing. We believe this transparency gives everyone the opportunity to make an informed decision in advance.

Delivery of Research: Our research is delivered via email and is also fully accessible by logging into your account on our website. It is your responsibility to ensure that your email address is valid and that you safelist our email to avoid filtering or delivery issues. Access to research is considered granted once it has been sent or made available in your account. Claims of non-receipt do not alter our strict no-refunds policy.

3. Content Usage & Legal Enforcement

All content is protected under copyright law. No redistribution, forwarding, reposting, or public sharing (in whole or in part) of our research is permitted without explicit written consent. Unauthorized use will result in legal action, including but not limited to termination of your access and pursuit of civil remedies.

4. Free Access & Comp Accounts

We reserve the right to grant or revoke complimentary access at our sole discretion.

5. Account Termination

We may suspend or terminate access to any user found violating these terms, with or without notice.

6. Security

While we implement safeguards, no online system is perfectly secure. Notify us immediately if you suspect unauthorized use of your account.

7. Availability

We do not guarantee uninterrupted access and are not liable for downtime caused by maintenance, technical issues, or force majeure.

8. Changes to Terms

We may update these Terms & Conditions at any time. Continued use of the website constitutes acceptance of the revised terms.

9. Jurisdiction

All claims or disputes arising from use of this site shall be governed by the laws of the State of Delaware. You consent to exclusive jurisdiction and venue in Delaware state or federal courts.

10. Intellectual Property

All content, trademarks, logos, PDFs, and design elements on this website are the property of Pernas Research LLC and may not be used or reproduced without written permission.

11. Communications Consent

By subscribing, you consent to receive email communications from us regarding your account, research updates, and occasional promotional materials.

12. User Eligibility

This site is intended for users 18 years or older. By using this site, you represent that you are legally eligible to enter into binding agreements.

Investment Risk Disclaimer

Investing involves substantial risk. You may lose all or part of your capital. Past performance is not indicative of future results. By using this website, you acknowledge that you understand these risks and that Pernas Research bears no responsibility for your investment outcomes.