Early Stage Investor is a financial newsletter that claims to identify particularly small startup companies that haven't yet attracted the attention of larger investment banks. The newsletter is pitched in a lengthy video where its author, Matt McCall, describes – but never names – a cannabis-related stock that he expects to earn significant returns. If the publication's advice can actually lead to the sort of extraordinary returns that it claims, then it would be an excellent opportunity, but the pitch offers virtually no proof that it has ever earned money for its readers.
Early Stage Investor's Team
Early Stage Investor appears to be solely the work of Matt McCall, an investor, entrepreneur, and writer. He's written two books, titled “The Swing Trader's Bible” and “The Next Great Bull Market,” and co-hosted a radio show titled “Winning on Wall Street.” McCall also claims to have appeared on financial television programs over 1,500 times, and he appeared regularly on several programs including “Making Money with Charles Payne” on the Fox Business Network.
Interestingly, Early Stage Investor isn't directly mentioned on McCall's personal website, nor his social media pages. It is only found through his publishing company's website, Investor Place.
Early Stage Investor's Technology
Most of McCall's pitch is spent discussing a company that he refers to as “the Royal Gold of Marijuana,” referring to Royal Gold, a large international company that doesn't directly mine or process any metal, but instead invests in these companies and then collects royalty payments. The company McCall has identified apparently operates in a similar manner, but with marijuana growers and distributors in the nascent legal markets.
McCall insists that there is just a limited window of opportunity to invest in this company; he warns that investors must buy shares before July 18th, 2018, because at this point, the company will begin to receive its first round of profits and thus attract attention from larger corporate investors, and after this the most significant gains will be behind it.
Identifying companies who haven't received attention from larger investors is the stated goal of Early Stage Investor; it tries to find startup companies that in many cases haven't yet earned any profit, but whose unique products or services place them in an important position for an upcoming change in laws or cultural attitudes.
Finding these sorts of opportunities requires what McCall refers to as “boots on the ground” research and extensive networking with executives; it's not clear if McCall does all this research personally, or employs a team of analysts.
Early Stage Investor's sales pitch states that a one-year subscription to the newsletter typically costs $2,999, but it offered for $1,999 to customers who buy it before July 18th. However, a pop-up advertisement appears after the video is complete that offers a subscription for $599.
Early Stage Investor itself is a monthly newsletter that is distributed via email. With their purchase of a subscription, customers will also receive an investment prospectus with details about the marijuana royalties company that McCall describes, an invitation to a conference call led by McCall about the company, a report titled “Three Ways to Play the Marijuana Legalization Boom in Canada,” and an Early Stage Investor Owner's Manual that offers further details about how to execute the actual trades outlined in each issue.
McCall does offer a refund for customers who contact them within 30 days of subscribing, though he will issue only 90% of the amount deposited; this is to deter customers from subscribing only to receive the proprietary reports.
Early Stage Investor Conclusion
If Early Stage Investor can actually identify the sort of investment opportunities that it claims, it could be a lucrative purchase, but the pitch is suspiciously light on details, and the service is far too expensive given the lack of evidence for its success. Unless McCall can offer definitive proof of his newsletter's worth, people simply should not subscribe.