The red flags are public.
They're just in Korean.

Korean stocks announce their own risk — dilutions, capital wipeouts, embezzlement charges — in mandatory filings, years before the damage. If you can't read Korean, that early warning simply doesn't reach you. We fix exactly that.

Korean filings carry warnings that fade before they reach a non-Korean reader

01 · THE PROBLEM

"Upload the annual report." Which one?

Korean listed companies file on DART — Korea's EDGAR — in Korean only. For most of 3,442 listed companies there is no English annual report, no English earnings-call transcript, often no English IR page at all. Translation apps give you words, not filing types: a 유상증자 filing is a board-approved dilution decision, not a headline.

So the research base you build for a Korean stock has a hole exactly where the risk lives — the filings you can't read.

02 · WHY IT MATTERS

The pattern shows up before the damage

Serial dilution — convertible bonds, rights offerings, capital reductions — appears in filings years before a stock is delisted for cause. We scored every listed company as of February 2022 and tracked official KRX outcomes for ~4.5 years:

42%

of companies with our highest risk rating were later delisted for cause

8×

the market's average delisting rate — measured in our 2016–2022 validation, not a prediction

The arithmetic. Those numbers are measured on past filings — a historical rate, not a prediction about any stock. Membership is $9 a month at launch — the price of knowing what a company has actually filed, in a language you can read.

Validation table and limitations: Method.

03 · NOT REAL-TIME. ON TIME.

Why a nightly alert beats a live ticker

Korean bad news drops after the close. In a typical week, about 4 out of 5 risk filings land after 15:30 KST, once the market is already shut. Our nightly read covers the full day's filings — so the alert is in your inbox before Korea opens again, and with your morning coffee if you're in the US.
A price move tells you that something happened — not what. When your stock is down 8%, we hand you the reason: "a rights offering, its 6th in three years — here's the filing." The chart is the siren; this is the police report.
The most dangerous filings don't move the price that day. A convertible bond here, a sanction warning there — they barely dent the chart, then they stack. If you only watch the price, the first day you notice is the last day it matters.
"Early" has two clocks. On a single filing we run hours behind real-time. On the disaster it builds toward, we run years ahead — Soribada sat at the top of our risk scale for four years before it was delisted.

04 · WHAT WE DO

We read the filings so your workflow doesn't break

Watchlist alerts — when a stock you hold files something that matters, it lands in your inbox the same evening (KST), before the next Korean open. Quiet by design: most days, nothing.
A forensic report per company — risk score, dilution history, fatal-type filings (embezzlement charges, audit issues), every claim linked to the original DART document.
An AI connector key — plug our data straight into Claude. Your research workflow stays the same; the Korean evidence hole closes.

335,137 filings from listed companies, tracked since 2011, refreshed daily.

05 · WHO IT'S FOR

Foreign investors buying Korean stocks directly

If you buy KRX stocks through IBKR or a local broker and you can't read Korean filings, the one information source that predicts blow-ups is switched off for you.

What you get for $9/mo: the report for any of 3,442 companies, alerts on your watchlist, and the AI connector key — cancel anytime, no questions asked.

Checkout opens in a few days — leave your email and the $9/mo launch price is locked for you ($29 for new members later). No charge until you subscribe.