Mark C. Kaley

Founded in 2005 by Ross Silver, Vista Partners LLC is an independent equity research firm located in San Francisco, California with an additional office in San Francisco. The firm provides services to institutional, high net-worth and retail investors. Their objective is to identify investment opportunities that will significantly outperform small-, mid- and large-cap equity indices. Vista Partners focuses on publicly-traded small-cap companies with market-cap of $5 million to $600 million. Their research process begins with an examination of a company's product(s) to determine its efficacy, efficiency and scalability. The firm then interviews current customers, potential customers and competitors to determine if the product has the potential to succeed in the marketplace and if it has a sustained competitive advantage. Vista Partners then meets with management to determine the company's strengths and weaknesses and to assess their short and long-term goals and objectives. Finally, the firm evaluates the company's fundamentals to determine what assumptions are built into the current stock price and whether the company is undervalued, appropriately priced or overvalued.