SHORT POSITION TRACKER FAQ

What is Short Position?
How does the Short Position Tracker feature work?
How do I purchase a Short Position subscription?
How do I renew my expired Equio subscription?
What companies can I track?
What is WeedEX?
How often are WeedEX companies updated?
Can I purchase the Short Position Tracker if I am in a trial period?
What happens if my trial period or paid Equio subscription expires?
Can I upgrade or downgrade my Short Position plans?
Can I change the companies I track?
What is the difference between a Base plan and a Single Company plan?
Short Position subscription billing
Equio subscription billing
Can I cancel my Short Position plan?

1. What is Short Position? 
   The Short Position is a “sell first, buy later” technique used when an investor anticipates that the value of a stock will decrease in the short term, perhaps in the next few days or weeks. In a short sell transaction, the investor borrows the shares of stock from the investment firm to sell to another investor. The intent is to borrow the stock for sale at a high price and sell the shares at that higher price, then buy them back later at a lower price to return them to the stockbroker. If the price has decreased, a profit is realized. If the price has increased, a loss is realized.

 

2. How does the Short Position Tracker feature work?
   The Short Position Tracker is a subscription-based offering at different price levels with a monthly recurring fee. Users start with a Base plan –
   • Basic – track up to three companies
   • Premium – track up to 10 companies
   • Unlimited – track all available companies

   You may purchase additional Single Company plans on top of a Base plan to reach the total number of companies you wish to track. For example, to track five companies you would purchase the Basic base plan that includes three companies and then add on two additional Single Company Plans to track a total of five companies.

   You must have an active paid Equio subscription (any level) to purchase a Short Position base plan. You must have a Short Position base plan to purchase a Single Company plan.

 

3. How do I purchase a Short Position subscription?
   To use the Short Position Tracker, you must have an active Equio subscription. If you have an expired Equio subscription, you must renew it first.
    
   To purchase the Short Position subscription, login to Equio and navigate to User Settings > Subscription > Short Position Subscription where you can choose your base plan, select the companies you wish to track, and submit your payment.
    
   Please note that payments and billing for Short Position subscriptions are handled separately from Equio subscriptions.

 

4. How do I renew my expired Equio subscription?
   You can renew your Equio subscription directly in Equio. If your Equio subscription is currently expired, simply login to Equio where you will be prompted to renew your subscription before continuing. Follow the steps to select the subscription level and billing frequency desired and submit your payment.
    
   Please note that the payment method allowed for renewals via Equio is credit card only. We do not accept PayPal via this method. To renew your Equio subscription using PayPal, you must login or create an account on our shopping portal to change your billing details.
    
   Upon successful renewal payment, you can then purchase a Short Position subscription.

 

5. What companies can I track?
   All the companies included in our WeedEX stock ticker can be tracked. As new companies come to market, they are added to the WeedEX stock ticker if they pass our rigorous vetting process.

 

6. What is WeedEX?
   WeedEX provides real-time intraday stock data covering U.S. publicly traded companies in the cannabis industry that meet New Frontier Data’s criteria. All stock quotes are provided by WeedEX and displayed in your browser’s local time.

 

7. How often are WeedEX companies updated?
   Intraday stock data is delayed 3-5 minutes. Company News is updated in real time.

 

8. Can I purchase the Short Position Tracker if I am in a trial period?
   Yes, however, you must have an active paid Equio subscription in order to continue using the Short Position Tracker once your trial period ends.If you do not continue with a paid Equio subscription after the trial period, your Short Position Tracker subscription will be cancelled automatically. We cannot offer refunds on Short Position subscriptions that are cancelled due to an expired Equio subscription.

 

9. What happens if my trial period or paid Equio subscription expires?
   If your trial period ends or your paid Equio subscription expires, you will be prompted to renew your subscription upon your next login to Equio. If you do not renew your Equio subscription, your Short Position Tracker subscription will be cancelled automatically. We cannot offer refunds on Short Position subscriptions that are cancelled due to an expired Equio subscription.

 

10. Can I upgrade or downgrade my Short Position plans?
    You can upgrade or downgrade your Short Position base plan at any time. Single Company plans can only be purchased or cancelled and cannot be upgraded or downgraded. Single Company plans are managed independently and therefore unaffected by a Base plan upgrade or downgrade.If you upgrade your Base plan, you will be able to track all the companies in the new plan right away. A prorated amount for the new plan will appear on the next invoice. See Billing.
     
    If you downgrade your Base plan, you will continue to have access to all the companies in the current plan until the end of the current billing cycle. The new plan will be billed on and begin at the next invoice. You will then have access to only those companies you selected for the new plan during the downgrade process.

 

11. Can I change the companies I track?
    Yes, you can change the companies tracked in your Base plan at any time at no charge.
     
    To change companies in a Single Company plan, simply cancel the Single Company plan containing the company you no longer wish to track and purchase a new Single Company plan for the new company. You will continue to track the cancelled company until the end of the current billing period.
     
    To add a company that is already being tracked in a Single Company plan to an upgraded or downgraded Base plan, you must cancel the Single Company plan containing that company before being able to add the company to the Base plan. This is to prevent users from paying twice for tracking the same company in different plans.

 

12. What is the difference between a Base plan and a Single Company plan?
    A Base plan is the foundation of your Short Position subscription. You start with a Base plan that contains the minimum number of companies you wish to track.
     
    A Single Company plan is a Short Position plan that includes only one company. A Single Company plan gives you the flexibility of adding companies one by one on top of your Base plan instead of having to upgrade to a higher plan that includes more companies than you wish to track.
     
    To add a Single Company plan, simply search for the company you wish to track in the dashboard WeedEX widget. On the company page, click the Short Position tab of the Performance section, and click Add Company to add the Single Company plan to your Short Position subscription. Tracking begins immediately, and you do not need to enter any billing details as the new Single Company plan will be automatically added to your next monthly invoice as a prorated charge.
     
    You must have a Base plan before you can purchase a Single Company plan.

 

13. Short Position subscription billing
    For your convenience, all Short Position plans in your Short Position subscription are billed on one combined monthly invoice. You only need to enter your billing details once during the initial Base plan purchase. Those billing details will then be used for the recurring billing, including for any future additional plan purchases.
     
    Billing occurs at the beginning of each billing period. The recurring billing date is based on the original date of purchase of the Base plan. For example, if you purchased your Base plan on July 1, 2019, then your monthly recurring payment will take place on the first of each month thereafter.If you add a Single Company plan 10 days after purchasing your Base plan, the charge for the new Single Company plan will be prorated and added to your next invoice.
     
    For example:

    Invoice #	Date	Description	Item Cost	Total Invoice
    14389	7-1-2019	Basic: Up to three companies AAAA, BBBB, CCCC	$399.00	$399.00
    15684	8-1-2019	Basic base plan auto-renewal AAAA, BBBB, CCCC Single Company plan (prorated): DDDD	$399.00 $67.00	$466.00

     
    Cancelled and downgraded plans cannot be refunded. You will continue to have access to a cancelled plan until the end of the billing cycle. For downgraded plans, you will continue to have access to the higher plan until the end of the current billing cycle and the lower plan will take effect at the next billing cycle.
     
    For upgraded plans, a prorated charge will appear on your next recurring invoice for the new plan in the current month plus the full charge for the next month.
     
    For example:

    Activity	Date	Description	Item Cost	Total Invoice
    Invoice #12345	7-1-2019	Basic: Up to three companies AAAA, BBBB, CCCC	$399.00	$399.00
    Upgrade	7-21-2019	Premium: Up to ten companies AAAA, BBBB, CCCC, DDDD, EEEE, FFFF, GGGG…JJJJ		pending next invoice
    Invoice #57485	8-1-2019	Premium upgrade (prorated): Up to ten companies AAAA, BBBB, CCCC, DDDD, EEEE, FFFF, GGGG…JJJJ   Premium (next month): Up to ten companies AAAA, BBBB, CCCC, DDDD, EEEE, FFFF, GGGG…JJJJ	$113.23     $750.00	$863.23

     
    The proration calculation looks like this:

    (new plan – old plan) x (days since switch/days in previous month) = prorated charge on next invoice
    
    ($750 premium – $399 basic) x (10 days since switch/31 days in July) = $113.23

 

14. Equio subscription billing
    The automated recurring billing for your Equio subscription occurs separately from the Short Position subscription billing. Therefore, you will receive a separate invoice for your Equio subscription. The billing frequency for your Equio subscription depends on what you selected at time of purchase – monthly or annually. Equio Essential subscriptions are offered with monthly or annual billing. Equio Premium and Premium Plus subscriptions are offered with annual billing only.

 

15. Can I cancel my Short Position plan?
    Yes, you can cancel a plan at any time. If you have multiple plans under your Short Position subscription you must cancel each plan separately.
     
    You will continue to have access to a cancelled plan until the end of the current billing period. We cannot offer refunds on cancelled Short Position plans.
     
    Cancellation of Short Position plans does not affect the status of your Equio subscription. However, cancelling your Equio subscription will automatically cancel your Short Position plans.