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    Brock Erwin

    Research Analyst at CleverInvesting

    Brock Erwin is an Investment Advisor Representative and Owner at CleverInvesting LLC, focusing on personalized investment strategies and portfolio management. He has engaged directly with companies such as Issuer Direct Corp, signaling active coverage and a hands-on approach to client and market research. Erwin established his career as a financial advisor and transitioned to running his own firm, drawing on experience and financial acumen to serve his clients since at least Q4 2019. He is professionally recognized through his role as a registered investment advisor representative, reflecting compliance with industry standards and licensing requirements.

    Brock Erwin's questions to ISDR leadership

    Brock Erwin's questions to ISDR leadership • Q2 2024

    Question

    Inquired about the potential for share buybacks given the low stock price, the status and adoption metrics of the AImee content generation tool, and the underlying causes of the industry-wide slowdown in news distribution.

    Answer

    The company is prioritizing debt service and meeting bank covenants over share buybacks for now, but would consider a repurchase program if excess cash becomes available or from proceeds of the Compliance business sale. The AImee tool has about 20% adoption for drafting press releases and is being developed for revenue-generating features like automated pitching. The industry slowdown is attributed to cyclical capital market constraints, which is seen as temporary, and the company is gaining market share from competitors during this period.

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