Terms of Service

Effective June 22, 2026

1. Agreement to these Terms

These Terms of Service ("Terms") are a legal agreement between you and Bishop Capital Intelligence Inc., a Delaware C corporation ("Bishop Capital Intelligence," "we," "us," or "our"), governing your access to and use of our website and equity-research platform (the "Service"). By creating an account or using the Service, you agree to these Terms. If you do not agree, do not use the Service.

⚠️ PLEASE READ: THESE TERMS CONTAIN A BINDING ARBITRATION AGREEMENT AND A CLASS-ACTION WAIVER (SECTION 16) THAT AFFECT YOUR LEGAL RIGHTS, INCLUDING HOW DISPUTES BETWEEN YOU AND US ARE RESOLVED. PLEASE REVIEW SECTION 16 CAREFULLY.

Please also read our Privacy Policy and our Investment Disclaimer, which are incorporated into these Terms by reference. The Investment Disclaimer is especially important: the Service provides impersonal analytical tools and information, not investment advice.

2. What the Service is

The Service provides impersonal, formula-driven analytical tools and information for evaluating publicly traded companies, including discounted-cash-flow (DCF) valuations, scenario analysis, distribution-of-returns and risk analytics, and benchmark analytics. All outputs are generated by a deterministic methodology from public data and the inputs you supply.

The Service is for educational and informational purposes only. It is not investment, financial, legal, or tax advice, and nothing in it is a recommendation to buy, sell, or hold any security. See the Investment Disclaimer for the full disclosure, which governs in the event of any conflict on this subject.

3. International use (US-primary; not offered to EU/EEA or UK residents)

The Service is operated from the United States and these Terms are drafted under US law. The Service is intended for users in the United States. We make no representation that the Service or its content is appropriate or available for use in any particular jurisdiction. If you access the Service from outside the United States, you do so on your own initiative and are solely responsible for compliance with the laws of your own jurisdiction.

The Service is not currently offered to residents of the EU/EEA or the United Kingdom, and you confirm at signup that you are not an EU/EEA or UK resident. We intend to offer the Service in those markets in a later phase, following localized legal review.

4. Eligibility and accounts

  • You must be at least 18 years old and able to form a binding contract to use the Service.
  • You agree to provide accurate and complete registration information and to keep it current.
  • You are responsible for maintaining the security of your account and password and for all activity that occurs under your account. Notify us promptly of any unauthorized use.
  • One account per person. You may not share an account or create accounts to evade usage limits or trial eligibility.

5. Subscriptions, billing, and trials

The Service is offered in tiers — Free, Professional, and Institutional — with features and prices shown on our Pricing page at the time of purchase. By subscribing to a paid tier, you authorize us and our payment processor (Stripe) to charge your payment method according to the plan you select.

  • Auto-renewal. Paid subscriptions automatically renew for successive billing periods (monthly or annual, as selected) until you cancel. Each renewal is charged at the price in effect for your plan at the time of renewal.
  • Billing. All payments are processed by Stripe. Your card details are entered on Stripe's hosted checkout and are not stored on our servers.
  • Free trial. A free trial, where offered, is 3 days, available on the Professional Monthly plan only. A valid payment method is required up front, and the subscription automatically converts to paid at the end of the trial unless you cancel before it ends. One trial per customer, ever — trial eligibility requires both an eligible plan and that you have never previously held a subscription with us.

Auto-renewal disclosures and consent. We comply with applicable automatic-renewal laws as follows:

  • Point-of-sale consent. Before your payment information is collected, we disclose the auto-renewal terms — the price, the billing frequency, and how to cancel — clearly and conspicuously. You provide separate affirmative consent to auto-renewal via a standalone checkbox, distinct from your agreement to these Terms.
  • Post-purchase confirmation. After a purchase or a trial conversion, we send you a confirmation email stating the renewal terms and how to cancel.
  • Annual renewal reminder. We send every auto-renewing subscriber an annual reminder (regardless of billing frequency) showing the plan name, price, billing frequency, and cancellation instructions.
  • Price-change notice. We give you advance notice of any change to your subscription fee, along with cancellation instructions, at least 30 days before the new price takes effect.
  • Consent records. We retain records of your consent to these agreements — including your separate auto-renewal consent — for as long as your subscription remains active. If you cancel, we retain that consent record as proof of your prior agreement; your other personal data is handled as described in our Privacy Policy.

6. Cancellation, proration, and refunds

  • Cancellation. You may cancel a paid subscription at any time through the Stripe Customer Portal. A direct, prominently located link to the Customer Portal is available on your in-app account page (reachable in one or two clicks), so you can cancel through the same online medium you used to subscribe. Cancellation takes effect at the end of the current billing period, and you retain access to your paid features through the end of that period.

  • No proration. Cancellation takes effect at the end of your current billing period. We do not prorate or refund partial billing periods.

  • Refunds. All sales are final. We do not provide refunds except where required by law.

7. Failed payments

If a renewal payment fails, your subscription is handled through Stripe's Smart Retries recovery process. A past-due subscription is not immediately downgraded — you retain access while Stripe attempts to recover the payment. Only when a subscription is fully canceled or terminated does your account revert to the Free tier.

8. Free-tier usage limits

The Free tier permits valuations for up to 3 unique stock tickers within any rolling 7-day window. Re-running a valuation for a ticker you have already analyzed within that window does not consume an additional slot. These limits are enforced automatically. Paid tiers are not subject to this unique-ticker limit. We may adjust tier limits prospectively; current limits are reflected on the Pricing page and in the Service.

9. Acceptable use

When using the Service, you agree not to:

  • scrape, crawl, harvest, or use automated means to extract data or outputs in bulk;
  • resell, redistribute, sublicense, or commercially republish the Service's outputs or underlying data as a product or service, except as expressly permitted by the output license in §10;
  • extract, redistribute, or otherwise use third-party Market Data except as permitted by §10A (Market Data and Third-Party Data Providers);
  • reverse-engineer, decompile, or attempt to derive the underlying methodology, source code, or models;
  • use the outputs as the basis of an investment-advisory, brokerage, or similar service offered to third parties;
  • interfere with, disrupt, or attempt to gain unauthorized access to the Service or its systems; or
  • use the Service in violation of any applicable law or these Terms.

We may suspend or terminate access for conduct that violates this section.

10. Intellectual property and output license

  • Our property. The Service — including its software, methodology, models, design, and content (excluding your inputs and impersonal third-party market data) — is owned by Bishop Capital Intelligence and protected by intellectual-property laws. These Terms grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Service and its outputs in accordance with the output license below, subject to these Terms.
  • Your inputs. You retain ownership of the inputs you provide. You grant us a limited license to process those inputs solely to provide the Service to you.

Output license. The analytical outputs generated for you (valuations, scenario and risk analytics, and related figures) are licensed to you as follows:

  • Permitted. You may use the outputs as supporting or corroborating material within your own original analysis, research, commentary, investment process, or reports — including internal use, client or investor (for example, GP) reporting, and publicly published commentary — provided that the outputs are not the principal subject matter being distributed, and provided that, in any publicly published material, you attribute them to Bishop Capital Intelligence (for example, "Source: Bishop Capital Intelligence"). This permission extends to Institutional and other professional users using the outputs within their own work product.
  • Prohibited without our prior express written permission. You may not: resell, redistribute, sublicense, or commercially republish the outputs or underlying data; incorporate the outputs into a competing or substantially similar data, analytics, or valuation product or service; "reskin," frame, scrape, or systematically extract outputs to build a derivative or competing offering; or otherwise present the outputs or underlying data as your own product. This output license governs Bishop Capital Intelligence's own analytical outputs and does not grant any right in the underlying third-party Market Data, which is governed solely by §10A.

In short: use our outputs to support your own original work — don't repackage or resell them as a product.

10A. Market Data and Third-Party Data Providers

Certain information made available through the Service — including securities prices, historical price data, and analyst estimates (collectively, "Market Data") — is provided by third-party data providers, including Financial Modeling Prep (operated by Utradea Inc.), and is used by Bishop Capital Intelligence under license. This Section governs your use of Market Data and applies in addition to, and is not limited by, the output license in §10.

  • Ownership. Market Data is and remains the exclusive property of the applicable third-party data provider. Nothing in these Terms transfers to you any ownership of, or any right, title, or interest in, the Market Data, except the limited right to access and view it within the Service as part of your permitted use. The analytical outputs Bishop Capital Intelligence generates do not convey to you any ownership of the underlying Market Data on which they may draw.

  • Permitted use. You may access and view Market Data solely within the Service, for your own internal use in evaluating securities, and may use it as supporting or corroborating material within your own original analysis to the same limited extent that §10 permits for outputs. The permission in §10 to reference or publish Bishop Capital Intelligence's analytical outputs does not grant you any right to extract, isolate, redistribute, or republish the underlying Market Data itself, whether on its own or as a substantial component of what you distribute.

  • Prohibited uses. Except as expressly permitted above, you may not, directly or indirectly:

    • copy, store, extract, isolate, scrape, harvest, or systematically retrieve Market Data from the Service;
    • redistribute, retransmit, resell, sublicense, lease, loan, publish, broadcast, or otherwise make Market Data available to any third party;
    • create, or assist any third party in creating, any product, dataset, feed, or service that incorporates, is derived from, or competes with the Market Data;
    • use Market Data to train, develop, or improve any machine-learning model, algorithm, or artificial-intelligence system;
    • remove, obscure, or alter any attribution, copyright, or proprietary-rights notice associated with the Market Data, or distort the Market Data or present it in a manner that materially affects its integrity as originally provided; or
    • use Market Data in any manner that infringes, misappropriates, or otherwise violates the rights of the applicable data provider or any other person, or that violates any applicable law.

  • Attribution. Where Market Data is identified in the Service as sourced from a particular provider, you will not misattribute it or represent it as your own or as Bishop Capital Intelligence's proprietary data.

  • No warranty; provider disclaimer. Market Data is provided "as is" and "as available," without warranty of any kind. Neither Bishop Capital Intelligence nor any third-party data provider warrants that the Market Data is accurate, complete, timely, or fit for any purpose, and neither shall have any liability to you arising from the Market Data, your use of it, or any unavailability, error, or delay in it. The disclaimers in §12 and the limitations of liability in §13 apply fully to Market Data. This Section is for the benefit of, and may be enforced by, the applicable third-party data providers as intended third-party beneficiaries.

  • Termination of data access. Your right to access Market Data through the Service depends on Bishop Capital Intelligence's continuing rights under its agreements with its data providers. If a data provider arrangement changes or ends, the affected Market Data may be modified, replaced, or removed from the Service, and we will have no liability to you for any such change.

11. Copyright and DMCA notice-and-takedown

We respect intellectual-property rights and respond to notices of alleged copyright infringement under the U.S. Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512.

  • Submitting a notice. If you believe content on the Service infringes your copyright, send a written notice to our designated agent (below) that includes: (i) your physical or electronic signature; (ii) identification of the copyrighted work claimed to be infringed; (iii) identification of the allegedly infringing material and information reasonably sufficient to locate it; (iv) your contact information; (v) a statement that you have a good-faith belief the use is not authorized by the copyright owner, its agent, or the law; and (vi) a statement, under penalty of perjury, that the information in your notice is accurate and that you are the copyright owner or authorized to act on the owner's behalf.
  • Counter-notice. If your material was removed and you believe the removal was in error, you may submit a counter-notice to the designated agent containing: (i) your physical or electronic signature; (ii) identification of the removed material and its prior location; (iii) a statement under penalty of perjury that you have a good-faith belief the material was removed as a result of mistake or misidentification; and (iv) your contact information and consent to the jurisdiction of the appropriate federal court.
  • Repeat-infringer policy. We will, in appropriate circumstances, disable or terminate the accounts of users who are repeat infringers.
  • Designated agent.
    Copyright Manager
    Bishop Capital Intelligence, Inc.
    8 The Green, Suite B, Dover, DE 19901
    Phone: 213-797-0890
    Email: legal@bishopcapitalintelligence.com

12. Disclaimers

The Service is provided "AS IS" and "AS AVAILABLE," without warranties of any kind, whether express or implied, including any implied warranties of merchantability, fitness for a particular purpose, accuracy, or non-infringement, to the fullest extent permitted by law. We do not warrant that the Service's outputs are accurate, complete, timely, or suitable for any purpose. The Service is not investment advice; please read the Investment Disclaimer in full, which governs that subject.

Market Data supplied by third-party providers is likewise provided "as is" and without warranty; see §10A.

13. Limitation of liability

To the fullest extent permitted by law, Bishop Capital Intelligence will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, investments, data, or goodwill, arising out of or relating to your use of (or inability to use) the Service, even if we have been advised of the possibility of such damages.

To the fullest extent permitted by law, our total aggregate liability arising out of or relating to the Service or these Terms will not exceed the amount you paid us for the Service in the twelve (12) months preceding the event giving rise to the claim or, if you are a Free-tier user, fifty US dollars (US $50).

Some jurisdictions do not allow certain limitations, so some of the above may not apply to you.

14. Termination

You may stop using the Service and close your account at any time (see the Privacy Policy for deletion). We may suspend or terminate your access if you violate these Terms or to protect the Service or other users. Provisions that by their nature should survive termination — including intellectual property, disclaimers, limitation of liability, and governing law and dispute resolution — will survive.

15. Changes to these Terms

We may update these Terms from time to time.

  • For non-material updates, we will revise the "Effective" date; your continued use of the Service after reasonable notice constitutes acceptance.
  • For material changes, we will provide notice and — where required by law or otherwise appropriate — obtain your affirmative consent or give you an opportunity to decline before the change takes effect.

16. Governing Law and Dispute Resolution

16.1 Governing Law.

These Terms are governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict-of-laws principles, except that (a) the Federal Arbitration Act (9 U.S.C. §§ 1–16) governs the interpretation, enforcement, and scope of the arbitration agreement in Section 16.3 through Section 16.9, and (b) if you are a Consumer (as defined in Section 16.2), this choice of Delaware law does not deprive you of the protection of the mandatory, non-waivable provisions of the law of the state or country in which you reside, including but not limited to any mandatory consumer-protection statutes applicable to automatic-renewal disclosures, data privacy rights, and fraud.

16.2 Definition of "Consumer."

For purposes of this Section 16, "Consumer" means an individual who purchases or uses the Service primarily for personal, family, or household purposes, and not primarily in a professional, commercial, or institutional capacity. Users who subscribe to the Institutional tier, or who represent a legal entity (such as an investment firm, registered investment adviser, hedge fund, or family office), are not Consumers for purposes of this Section.

16.3 Agreement to Arbitrate.

Subject to the exceptions in Section 16.4, you and Bishop Capital Intelligence agree that any dispute, claim, or controversy arising out of or relating to these Terms, the Privacy Policy, the Investment Disclaimer, or the Service — including any claim based on contract, tort, fraud, misrepresentation, statute, or any other legal or equitable theory, and including any dispute about the existence, scope, validity, interpretation, or enforceability of this arbitration agreement — shall be resolved by binding individual arbitration, rather than in court. This agreement to arbitrate is governed by the Federal Arbitration Act (9 U.S.C. §§ 1–16). Both parties waive any right to a jury trial on any arbitrable claim.

16.4 Exceptions to Arbitration (Small Claims Court; Provisional Relief; IP; Mandatory Consumer Statutory Rights).

The following are not subject to arbitration under this Section: (a) Small Claims Court. Either party may bring an individual claim in the small claims court of the County of Los Angeles, provided the claim qualifies under that court's jurisdictional rules and the party seeks only individual relief. (b) Provisional and Injunctive Relief. Either party may seek temporary restraining orders, preliminary injunctions, or other provisional relief from a court of competent jurisdiction to prevent irreparable harm pending the outcome of arbitration, without waiving the right to arbitrate the underlying merits. (c) Intellectual Property. Either party may seek judicial enforcement of intellectual-property rights (including copyright, trademark, trade secret, and patent claims) in any court of competent jurisdiction. (d) Mandatory Statutory Consumer Rights. Nothing in this arbitration agreement limits your right to pursue remedies that applicable law expressly makes non-arbitrable or that you cannot waive by contract, including any right to file a complaint with a government agency or regulator.

16.5 Arbitration Forum and Rules.

Arbitration shall be administered by JAMS. (a) If the amount in controversy does not exceed $250,000, the arbitration shall be conducted under the JAMS Streamlined Arbitration Rules, then in effect. (b) If the amount in controversy exceeds that threshold, the arbitration shall be conducted under the JAMS Comprehensive Arbitration Rules and Procedures, then in effect. (c) Rules are available at www.jamsadr.com. In the event of any conflict between these Terms and the applicable arbitration rules, these Terms govern, except that the arbitral institution's consumer minimum-standards policies shall apply to Consumer claims where required by the institution's rules. (d) The arbitrator shall be a single, neutral arbitrator with experience in technology-services or commercial contracts, agreed upon by the parties from the institution's panel or appointed pursuant to the applicable rules.

16.6 Venue and Seat of Arbitration.

(a) Non-Consumer users: The seat and place of arbitration shall be Wilmington, Delaware, unless otherwise agreed in writing by the parties. (b) Consumer users: The arbitration shall be conducted in the county of the Consumer's residence, or by telephone, videoconference, or document submission at the Consumer's election, provided that in-person proceedings may be required for hearings at the discretion of the arbitrator. Consumers may also use the small claims court in their county of residence under Section 16.4(a).

16.7 Arbitration Costs.

(a) Non-Consumer claims: Each party shall bear its own attorneys' fees and costs; arbitration filing fees and arbitrator compensation shall be allocated per the applicable rules, unless the arbitrator awards costs to the prevailing party. (b) Consumer claims: Bishop Capital Intelligence shall pay all arbitration filing fees, case management fees, and arbitrator compensation for Consumer-initiated claims. The Consumer's only required payment is $250 (approximately equivalent to court filing fees), consistent with the JAMS Consumer Minimum Standards. Bishop Capital Intelligence shall bear all costs if it initiates arbitration against a Consumer. (c) The arbitrator may award attorneys' fees and costs to either party only where authorized by applicable law or the applicable rules. In California, Bishop Capital Intelligence shall not recover its attorneys' fees from a Consumer who does not prevail, consistent with JAMS Consumer Minimum Standard No. 8.

16.8 CLASS-ACTION WAIVER AND WAIVER OF REPRESENTATIVE ACTIONS.

YOU AND BISHOP CAPITAL INTELLIGENCE EACH AGREE THAT CLAIMS AGAINST THE OTHER MAY ONLY BE BROUGHT IN YOUR INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, MASS, REPRESENTATIVE, OR COLLECTIVE ACTION OR PROCEEDING. The arbitrator has no authority to conduct any class, consolidated, mass, representative, or collective arbitration. Any dispute about whether this class-action waiver is enforceable, or about the scope of this waiver, shall be decided by a court of competent jurisdiction and not by the arbitrator. If any court or arbitrator determines that this class-action waiver is unenforceable for any reason with respect to a particular claim or remedy, then (a) that claim or remedy shall proceed in court and not in arbitration, and (b) the remainder of this arbitration agreement and class-action waiver shall remain in full force and effect with respect to all other claims and remedies. Notwithstanding the foregoing, and solely to the extent required by California law that the parties cannot waive by contract, a Consumer may seek public injunctive relief — an injunction that would benefit the general public — in court, and the parties agree that in that circumstance only the public injunctive relief claim shall proceed in court, while all other claims of that Consumer shall proceed in arbitration.

16.9 Opt-Out Right (Consumer Only).

If you are a Consumer, you may opt out of this arbitration agreement and class-action waiver by sending written notice to Bishop Capital Intelligence Inc. at legal@bishopcapitalintelligence.com within 30 days of the date you first accept these Terms. Your notice must include your full name, account email address, and a statement that you are opting out of the arbitration agreement. If you opt out, neither you nor Bishop Capital Intelligence can require the other to arbitrate any dispute; instead, disputes will be resolved in court, subject to Section 16.10. Opting out does not affect any other provision of these Terms.

16.10 Judicial Forum for Non-Arbitrated Claims.

For any claim that is excluded from arbitration under Section 16.4, or that proceeds in court following an opt-out under Section 16.9, or following a determination that the arbitration agreement is unenforceable, the parties consent to the exclusive jurisdiction and venue of the state and federal courts located in the State of Delaware for non-Consumer claims. For Consumer claims, venue shall lie in the state or federal courts of the Consumer's state of residence, and nothing in this Section limits the Consumer's right to bring claims in their home-jurisdiction courts under applicable mandatory consumer law.

16.11 Severability.

If any provision of this Section 16 is found to be unenforceable, that provision shall be severed and the remaining provisions shall remain in full force and effect, except that (a) if the class-action waiver in Section 16.8 is found unenforceable, the entire arbitration agreement (Sections 16.3–16.9) shall be severable from these Terms as provided in Section 16.8, and (b) the governing-law provision in Section 16.1 shall survive any invalidity of the arbitration agreement.

17. Contact

Bishop Capital Intelligence Inc. 8 The Green, Suite B Dover, Delaware 19901, USA support@bishopcapitalintelligence.com